Aeluma, Inc. (NASDAQ:ALMU) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Consensus "Moderate Buy" from five analysts (1 sell, 3 buy, 1 strong buy) with an average 12‑month target of $25.33, and several brokerages (Freedom Capital, Benchmark, UBS) recently reiterating or upgrading coverage.
• Short interest has risen to about 3,683,558 shares (~24% of the float) with a short‑interest ratio near 1.6 days, while an erroneous reporting entry showing zero shorts could spur intraday volatility.
• Insiders have been selling recently: CEO Jonathan Klamkin sold 20,000 shares under a Rule 10b5‑1 plan and insiders sold a total of 212,000 shares (~$3.43M) in the last 90 days, while insiders still own ~14.7% of the company.

Shares of Aeluma, Inc. (NASDAQ:ALMU - Get Free Report) have received a consensus rating of "Moderate Buy" from the five analysts that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $25.3333.

A number of brokerages recently issued reports on ALMU. Freedom Capital upgraded shares of Aeluma to a "strong-buy" rating in a research report on Tuesday, March 31st. Benchmark reiterated a "buy" rating and set a $25.00 target price on shares of Aeluma in a research report on Tuesday, March 3rd. UBS Group reissued a "buy" rating on shares of Aeluma in a report on Tuesday, March 3rd. Weiss Ratings reissued a "sell (d-)" rating on shares of Aeluma in a report on Monday, April 20th. Finally, Williams Trading set a $25.00 price objective on shares of Aeluma in a report on Tuesday, March 3rd.

Aeluma Stock Down 0.1%

Shares of Aeluma stock opened at $19.20 on Monday. The stock has a market capitalization of $345.60 million and a P/E ratio of -137.13. The company has a 50-day simple moving average of $15.05 and a 200 day simple moving average of $15.97. Aeluma has a 12-month low of $7.81 and a 12-month high of $25.88.

Key Stories Impacting Aeluma

Here are the key news stories impacting Aeluma this week:

• Positive Sentiment: Aeluma will participate in the SPIE Defense + Security conference, boosting visibility with defense and government customers and offering a near-term venue for management to present technology and business updates. Aeluma to Participate in SPIE Defense + Security Conference
• Neutral Sentiment: Third‑party comparisons and coverage (ACS Motion Control head‑to‑head piece) are increasing analyst/investor attention but don't report material corporate developments. Such coverage can raise retail interest without changing fundamentals. ACS Motion Control vs. Aeluma Head-To-Head Survey
• Neutral Sentiment: Several unrelated media items referencing people named "Alma" (congresswoman/art controversies) appeared in the feed; these are noise and unlikely to affect Aeluma’s business. Example: coverage of the Alma Adams inquiry. Congresswoman Alma Adams investigated for alleged relationship with staffer
• Neutral Sentiment: There is a reporting discrepancy in short‑interest data: an April 24 entry shows 0 shares short (clearly erroneous), while other filings show meaningful short interest. This inconsistency can spur intraday volatility as traders react to conflicting metrics.
• Negative Sentiment: As of April 15, short interest rose to 3,683,558 shares (up ~18.6% vs. March 31) representing about 24% of the stock sold short and a short‑interest ratio near 1.6 days — a material bearish position that increases downside risk if fundamentals disappoint, but also raises squeeze potential if sentiment turns positive.

Insiders Place Their Bets

In other Aeluma news, CEO Jonathan Klamkin sold 20,000 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $13.10, for a total transaction of $262,000.00. Following the sale, the chief executive officer owned 1,409,398 shares of the company's stock, valued at $18,463,113.80. This represents a 1.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Mark N. Tompkins sold 34,500 shares of the stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $14.71, for a total transaction of $507,495.00. Following the sale, the insider directly owned 1,790,488 shares in the company, valued at approximately $26,338,078.48. This represents a 1.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 212,000 shares of company stock valued at $3,426,395 in the last 90 days. 14.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Aeluma

A number of hedge funds have recently added to or reduced their stakes in ALMU. Geode Capital Management LLC bought a new stake in Aeluma during the 2nd quarter worth about $3,850,000. Vanguard Group Inc. grew its holdings in Aeluma by 98.1% during the 3rd quarter. Vanguard Group Inc. now owns 438,966 shares of the company's stock worth $7,067,000 after acquiring an additional 217,430 shares during the last quarter. Polar Asset Management Partners Inc. bought a new position in shares of Aeluma in the 3rd quarter valued at about $3,398,000. Millennium Management LLC bought a new position in shares of Aeluma in the 3rd quarter valued at about $3,392,000. Finally, State Street Corp boosted its stake in shares of Aeluma by 34.0% in the 4th quarter. State Street Corp now owns 213,405 shares of the company's stock valued at $3,664,000 after purchasing an additional 54,184 shares during the last quarter.

About Aeluma

Aeluma, Inc develops optoelectronic and electronic devices in the United States. The company manufactures semiconductor materials and chips using compound semiconductors on diameter substrates that are used to manufacture mass market microelectronics. It offers its devices for use in mobile, automotive, AI, defence and aerospace, communication, AR/VR, and HPC applications, as well as laser emitters, transistors for integrated circuits, quantum photonic circuits, and solar cells applications. Aeluma, Inc was formerly known as Parc Investments, Inc and changed its name to Aeluma, Inc June 2021.

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