Aeluma (NASDAQ:ALMU) Stock Price Up 1.5% – Should You Buy?

Posted by George Bondi on Jun 4th, 2026

Aeluma, Inc. (NASDAQ:ALMU – Get Free Report) was up 1.5% during mid-day trading on Thursday . The stock traded as high as $27.81 and last traded at $27.21. Approximately 1,026,583 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 1,159,375 shares. The stock had previously closed at $26.80.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on ALMU shares. Williams Trading set a $25.00 price target on Aeluma in a report on Tuesday, March 3rd. Wall Street Zen cut Aeluma from a “sell” rating to a “strong sell” rating in a report on Saturday, May 16th. Benchmark reaffirmed a “buy” rating and issued a $25.00 price target on shares of Aeluma in a report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aeluma in a report on Monday, April 20th. Finally, Freedom Capital raised Aeluma to a “strong-buy” rating in a report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Aeluma has an average rating of “Moderate Buy” and an average target price of $25.33.

Read Our Latest Stock Analysis on ALMU

Aeluma Price Performance

The stock has a fifty day moving average price of $19.47 and a 200-day moving average price of $17.43. The company has a market cap of $498.22 million, a PE ratio of -77.74 and a beta of 3.94.

Aeluma (NASDAQ:ALMU – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01. The company had revenue of $1.22 million for the quarter, compared to the consensus estimate of $1.37 million. Aeluma had a negative return on equity of 12.03% and a negative net margin of 115.57%.

Insider Transactions at Aeluma

In other news, CEO Jonathan Klamkin sold 20,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $24.96, for a total value of $499,200.00. Following the transaction, the chief executive officer owned 2,403 shares in the company, valued at $59,978.88. This represents a 89.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven Denbaars sold 12,500 shares of the company’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $19.99, for a total value of $249,875.00. Following the completion of the transaction, the director owned 382,709 shares in the company, valued at $7,650,352.91. This represents a 3.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 52,500 shares of company stock worth $1,011,075 in the last quarter. 14.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Aeluma

A number of hedge funds have recently modified their holdings of ALMU. Geode Capital Management LLC acquired a new position in shares of Aeluma in the second quarter worth $3,850,000. Vanguard Group Inc. increased its stake in shares of Aeluma by 98.1% in the third 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. acquired a new position in shares of Aeluma in the third quarter worth $3,398,000. Millennium Management LLC acquired a new position in shares of Aeluma in the third quarter worth $3,392,000. Finally, State Street Corp increased its stake in shares of Aeluma by 34.0% in the fourth quarter. State Street Corp now owns 213,405 shares of the company’s stock worth $3,664,000 after acquiring an additional 54,184 shares during the last quarter.

About Aeluma

(Get Free Report)

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.