Stardust Power (NASDAQ:SDST) COO Sells $53,248.75 in Stock

Posted by Francis Steltz on May 24th, 2026

Stardust Power Inc. (NASDAQ:SDST – Get Free Report) COO Chris Edward Celano sold 25,975 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $2.05, for a total value of $53,248.75. Following the completion of the sale, the chief operating officer owned 102,383 shares of the company’s stock, valued at $209,885.15. The trade was a 20.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Chris Edward Celano also recently made the following trade(s):

On Friday, March 20th, Chris Edward Celano sold 3,457 shares of Stardust Power stock. The shares were sold at an average price of $2.32, for a total value of $8,020.24.

Stardust Power Trading Up 13.2%

Shares of SDST opened at $2.65 on Friday. The stock has a market capitalization of $26.42 million, a P/E ratio of -1.33 and a beta of 0.56. The firm’s fifty day simple moving average is $2.56 and its two-hundred day simple moving average is $3.25. Stardust Power Inc. has a 12 month low of $1.42 and a 12 month high of $7.67.

Stardust Power (NASDAQ:SDST – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($0.53) EPS for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.14).

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Wall Street Zen cut shares of Stardust Power from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Stardust Power in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Stardust Power has a consensus rating of “Sell”.

Check Out Our Latest Report on SDST

Hedge Funds Weigh In On Stardust Power

Institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its position in shares of Stardust Power by 40.3% during the 4th quarter. Geode Capital Management LLC now owns 59,143 shares of the company’s stock worth $181,000 after purchasing an additional 16,989 shares in the last quarter. Price T Rowe Associates Inc. MD bought a new position in shares of Stardust Power during the 4th quarter worth about $69,000. Finally, State Street Corp bought a new position in shares of Stardust Power during the 4th quarter worth about $44,000. Institutional investors own 32.79% of the company’s stock.

Stardust Power Company Profile

(Get Free Report)

Stardust Power Inc is a vertically-integrated lithium refinery that engages in producing battery-grade lithium. The company was founded in 2022 and is based in Greenwich, Connecticut.