Aeluma (ALMU) CEO Klamkin Jonathan Sells $1.1M of Stock

Jonathan Klamkin, the Chief Executive Officer of Aeluma, Inc. (ALMU), sold 100,000 shares on October 12, 2026, for a total of about $1,053,430. This sale was planned, as indicated by the SEC filing. Klamkin's recent trades show a significant commitment to the company's stock, having previously sold 100,000 shares at $13.35 each on September 21, 2026.

Inside Klamkin's Trade

Klamkin's sale of 100,000 shares at an average price of $10.53 reflects a strategic move while he remains a significant shareholder. This transaction comes as the stock is trading below its moving averages and analysts' targets. His stake in Aeluma remains substantial despite this sale, emphasizing his ongoing involvement with the company.

Other Institutional Activity in Aeluma

Several other institutional investors have adjusted their stakes in Aeluma recently. Blackrock Inc. grew its holdings by 113,563 shares, ending with 973,235 shares worth about $7.7 million. Shaw D.E. & Co., Inc. significantly increased its position by 772,983 shares, totaling 797,983 shares valued at approximately $6.3 million. Meanwhile, Millennium Management LLC added 130,718 shares, bringing its total to 529,005 shares valued at about $4.2 million.

Aeluma, Inc. Stock Down 8.6%

As of October 16, 2026, Aeluma shares were recently trading around $8.34, which is significantly below the 50-day moving average of $13.86 and the 200-day average of $17.39. The stock is also trading about 73.8% below its 52-week high of $31.79, indicating a challenging market environment for the company.

Recent Earnings

Aeluma reported trailing twelve-month revenue of approximately $4.46 million, reflecting a year-over-year decline of 55.8%. The company's net margin stands at -205.3%, and it has a return on equity of -24.5%. The next earnings report is scheduled for November 11, 2026.

Insider Buying and Selling at Aeluma, Inc.

In addition to Klamkin's recent sale, he sold 20,000 shares on August 3, 2026, valued at about $334,641, and another 25,000 shares on August 27, 2026, worth around $345,741. These transactions highlight a pattern of selling by insiders, which can indicate various strategic decisions within the company.

Analysts Set New Price Targets

On September 17, 2026, Freedom Broker maintained a Buy rating on Aeluma with a price target of $25.00, down from a previous target of $30.00. This suggests some analysts still see potential for recovery despite recent performance challenges. The consensus target price for the stock is $23.50, reflecting optimism among analysts.

About Aeluma, Inc.

Aeluma, Inc. is a technology company based in Goleta, California. It develops advanced photonic and electronic technologies for applications in communications and sensing. Its products are utilized in various sectors, including telecom, artificial intelligence, and defense, making it a key player in the semiconductor industry.

Bottom Line

Investors will be watching Aeluma closely, especially with its next earnings report coming up on November 11, 2026. Klamkin's recent sale and other insider transactions may signal important developments for the company. As the stock trades well below its analyst targets, it will be interesting to see how Aeluma navigates its current challenges.