Cloudastructure founder Sheldon Bentley sells $3,285 in shares

Sheldon Richard Bentley, a founder of Cloudastructure, Inc. (NASDAQ:CSAI), sold 1,500 shares of the company’s Class A Common Stock on October 21, 2026. The transactions totaled $3,285.

The shares were sold at prices ranging from $2.16 to $2.23 per share, with a weighted average price of $2.19. The stock is currently trading near its 52-week low of $2.03, down 94% over the past year. These sales were executed under a Rule 10b5-1 trading plan, which Mr. Bentley adopted on September 1, 2026.

Following these transactions, Mr. Bentley directly holds 3,667 shares of Cloudastructure Class A Common Stock. According to InvestingPro analysis, the stock appears undervalued at current levels. Investors can access 18 additional ProTips and comprehensive analysis through the platform’s detailed Pro Research Report for CSAI.

In other recent news, Cloudastructure reported its second-quarter financial results for 2026, showing a significant increase in recurring revenue. The company experienced a 164% rise in subscription sales compared to the previous year, highlighting a strategic shift toward more stable income streams. Cloudastructure’s gross margin improved to 49%, reflecting enhanced operational efficiency. Despite these positive developments, the company posted an adjusted loss of $2.85 per share. Revenue for the quarter was reported at $1.58 million. These results indicate a narrowing loss, suggesting potential progress in the company’s financial health. No recent analyst upgrades or downgrades were noted in the context provided.