Cloudastructure founder Bentley sells $67k in shares

Published 23/10/2025, 17:28
Cloudastructure founder Bentley sells $67k in shares

Founder of Cloudastructure (NASDAQ:CSAI), Sheldon Richard Bentley, sold 50,000 shares of Class A Common Stock on October 21 and 22, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales come as CSAI shares have declined 95% year-to-date, though InvestingPro analysis suggests the stock is currently undervalued.

The shares were sold in two transactions. On October 21, 25,000 shares were sold at a weighted average price of $1.45, for a total value of $36,250. Prices for these shares ranged from $1.41 to $1.52. On October 22, 25,000 shares were sold at a weighted average price of $1.24, for a total value of $31,000. Prices for these shares ranged from $1.165 to $1.31. The total value of shares sold was $67,250. The micro-cap company, currently valued at $23.57 million, has been rapidly consuming cash reserves while posting negative earnings of $0.47 per share in the last twelve months.

Following the transactions, Bentley directly owns 200,000 shares of Cloudastructure.

The sales were executed under a Rule 10b5-1 trading plan adopted on August 20, 2025.

In other recent news, Cloudastructure Inc. announced a $5 million share repurchase program, indicating a strong business outlook as it plans to buy back its common stock in the open market. This move comes amid a backdrop of robust sales performance. Additionally, the company has secured a contract to provide AI surveillance and remote guarding services for a luxury high-rise in downtown Houston, marking the second major property where the ownership group has chosen Cloudastructure as its security partner.

In technological advancements, Cloudastructure introduced MotionGi, a new video processing technology that reduces bandwidth requirements and lowers CPU utilization, potentially cutting deployment costs by allowing more cameras to connect to each recording unit. Furthermore, the company completed a major security deployment at a multi-use luxury complex a month ahead of schedule, installing over 100 security cameras, speakers, and Cloud Video Recorders across expansive residential and retail spaces. These developments reflect Cloudastructure’s ongoing efforts to expand its market presence and enhance its service offerings.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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