tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Major Shareholder Cashes Out Big on Aeluma, Inc. Stock!

Major Shareholder Cashes Out Big on Aeluma, Inc. Stock!

New insider activity at Aeluma, Inc. ( (ALMU) ) has taken place on October 2, 2025.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Significant shareholder Mark N. Tompkins has made a notable transaction by selling 109,080 shares of Aeluma, Inc. stock, amounting to a total of $1,834,643.

Recent Updates on ALMU stock

Aeluma, Inc. (ALMU) recently completed a public offering of 1,700,000 shares at $13.00 per share, raising approximately $23.4 million. This capital will be used to enhance business development, advance manufacturing processes, and support general business purposes, potentially strengthening the company’s market position. Despite strong technical indicators suggesting bullish momentum, analysts express concerns over Aeluma’s weak financial performance and poor valuation metrics due to ongoing losses. The company’s significant revenue growth is a positive aspect, but its inability to achieve profitability and positive cash flow remains a major concern.

Spark’s Take on ALMU Stock

According to Spark, TipRanks’ AI Analyst, ALMU is a Neutral.

The overall stock score of Aeluma, Inc. is driven by strong technical indicators suggesting bullish momentum, despite weak financial performance and poor valuation metrics due to ongoing losses. The company’s significant revenue growth is a positive, but its inability to translate this into profitability and positive cash flow remains a major concern.

To see Spark’s full report on ALMU stock, click here.

More about Aeluma, Inc.

YTD Price Performance: 124.58%

Average Trading Volume: 369,429

Technical Sentiment Signal: Buy

Current Market Cap: $302.2M

Disclaimer & DisclosureReport an Issue

1