Castellum, Inc. (NYSEAMERICAN:CTM) General Counsel Jay O. Wright Sells 259,400 Shares

Castellum, Inc. (NYSEAMERICAN:CTM) General Counsel Jay O. Wright sold 259,400 shares of Castellum stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $1.07, for a total transaction of $277,558.00. Following the sale, the general counsel now owns 9,023,673 shares in the company, valued at $9,655,330.11. This represents a 2.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Castellum Stock Down 1.9%

Shares of Castellum stock traded down $0.02 on Tuesday, hitting $1.02. The company had a trading volume of 1,595,141 shares, compared to its average volume of 3,683,123. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market capitalization of $71.34 million, a P/E ratio of -6.00 and a beta of -12.75. Castellum, Inc. has a twelve month low of $0.12 and a twelve month high of $2.83. The stock has a 50-day moving average of $1.02 and a 200-day moving average of $0.71.

Institutional Trading of Castellum

Several large investors have recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new position in shares of Castellum during the 4th quarter valued at approximately $2,456,000. Jane Street Group LLC increased its position in shares of Castellum by 2,180.2% in the fourth quarter. Jane Street Group LLC now owns 449,001 shares of the company’s stock worth $898,000 after purchasing an additional 429,310 shares during the last quarter. Inscription Capital LLC purchased a new stake in Castellum during the first quarter valued at about $265,000. Geode Capital Management LLC boosted its stake in shares of Castellum by 49.9% in the 4th quarter. Geode Capital Management LLC now owns 299,643 shares of the company’s stock valued at $599,000 after purchasing an additional 99,714 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Castellum in the first quarter worth approximately $72,000. Institutional investors and hedge funds own 3.39% of the company’s stock.

Analyst Ratings Changes

CTM has been the subject of a number of research reports. UBS Group raised Castellum from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 23rd. Maxim Group set a $3.00 price objective on Castellum and gave the stock a “buy” rating in a research note on Thursday, April 24th.

Castellum Company Profile

Castellum, Inc provides services in the areas of cybersecurity, information technology, electronic and information warfare, and information operations. Its services include intelligence analysis, software development, software engineering, program management, strategic and mission planning, information assurance, cybersecurity and policy support, data analytics, and model based systems engineering services.