SDST Stardust Power Inc.
Price Chart
Executive Summary
CFO and COO of Stardust Power sold a combined $126K in shares on the same day, two weeks after the company disclosed a dilutive ATM offering of up to $5M. The sales are modest in size relative to the $23M market cap but raise concern given the company's going-concern status and lack of revenue.
Key Financial Metrics
Actionable Insight
Insider selling after a dilutive offering signals lack of confidence. Watch for further insider sales or additional dilution. The ATM offering is still active; any drawdown would pressure the stock further.
Key Facts
- CFO Udaychandra Devasper sold 35,776 shares at $2.03 for $72,625.
- COO Chris Celano sold 25,975 shares at $2.05 for $53,249.
- Total insider selling of $126K represents about 0.55% of market cap.
- Sales occurred 13 days after filing of a $5M ATM offering agreement.
- Company has substantial doubt about going concern and no revenue.
Financial Impact
Insider sales of $126K, modest relative to $23M market cap
Risk Factors
- Additional dilutive share issuances under ATM
- Going-concern risk and potential bankruptcy
- Further insider selling as lock-ups or blackout windows allow
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SDST-1779397272200 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
11d ago
|
Press Release
| $2.25 $2.25 | · 0.00% | ▲ +0.69% | $1.84 (−18.22%) |
|
May 28, 2026
15d ago
|
Insider Cluster
| $2.28 $2.22 | ▲ +2.63% | ▲ +2.89% | $1.84 (+19.30%) |
|
May 21, 2026
22d ago
|
Insider Cluster
| $2.65 $2.27 | ▲ +14.34% | ▲ +14.93% | $1.84 (+30.57%) |
|
May 14, 2026
29d ago
|
Press Release
| $2.24 $2.11 | ▲ +5.80% | ▲ +5.74% | $1.84 (+17.86%) |
|
Mar 20, 2026
12w ago
|
Insider Cluster
| $2.45 $2.46 | ▲ +0.41% | ▼ −0.69% | $1.84 (−24.90%) |
|
Mar 18, 2026
12w ago
|
8-K
| $2.39 $2.41 | ▲ +0.84% | ▲ +1.10% | $1.84 (−23.01%) |
|
Mar 17, 2026
12w ago
|
Press Release
| $2.39 $2.41 | ▲ +0.84% | ▲ +1.10% | $1.84 (−23.01%) |
|
Mar 11, 2026
13w ago
|
Press Release
| $3.28 $3.22 | ▼ −1.83% | ▼ −0.34% | $1.84 (−43.90%) |
|
Mar 3, 2026
14w ago
|
424B4
| $3.33 $3.45 | ▼ −3.60% | ▼ −2.84% | $1.84 (+44.74%) |
US Market Status
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