Sheldon Richard Bentley Sells 18,794 Shares of Cloudastructure, Inc. (NASDAQ:CSAI) Stock

Cloudastructure, Inc. (NASDAQ:CSAI) insider Sheldon Richard Bentley sold 18,794 shares of the company’s stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $2.97, for a total value of $55,818.18. Following the transaction, the insider now owns 301,657 shares of the company’s stock, valued at approximately $895,921.29. This trade represents a 5.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Sheldon Richard Bentley also recently made the following trade(s):

• On Wednesday, May 28th, Sheldon Richard Bentley sold 21,225 shares of Cloudastructure stock. The stock was sold at an average price of $2.77, for a total value of $58,793.25.
• On Friday, May 23rd, Sheldon Richard Bentley sold 10,618 shares of Cloudastructure stock. The stock was sold at an average price of $2.74, for a total value of $29,093.32.
• On Thursday, May 22nd, Sheldon Richard Bentley sold 9,637 shares of Cloudastructure stock. The stock was sold at an average price of $3.06, for a total value of $29,489.22.

Cloudastructure Price Performance

Shares of NASDAQ CSAI opened at $2.60 on Friday. The company has a fifty day moving average price of $4.19. Cloudastructure, Inc. has a one year low of $2.51 and a one year high of $52.43.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Cloudastructure from a “sell” rating to a “hold” rating in a report on Friday.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Cloudastructure stock. Flaharty Asset Management LLC bought a new stake in Cloudastructure, Inc. (NASDAQ:CSAI) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,000 shares of the company’s stock, valued at approximately $53,000. Flaharty Asset Management LLC owned approximately 0.08% of Cloudastructure at the end of the most recent quarter.

Cloudastructure Company Profile

Cloudastructure, Inc (“Cloudastructure”) was formed under the laws of the State of Delaware on March 28, 2003. We provide an award-winning cloud-based artificial intelligence (“AI”) video surveillance and Remote Guarding service built on AI and machine learning platforms. We operated as a small Silicon Valley startup until early 2021 when we raised over $35 million in funding under Regulation A of the Securities Act of 1933, as amended (the “Securities Act”).