Castellum (NYSEAMERICAN:CTM) General Counsel Jay Wright Sells 126,000 Shares

Castellum, Inc. (NYSEAMERICAN:CTM) General Counsel Jay Wright sold 126,000 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $1.05, for a total value of $132,300.00. Following the transaction, the general counsel directly owned 8,672,673 shares in the company, valued at approximately $9,106,306.65. This represents a 1.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Castellum Trading Up 1.0%

Shares of Castellum stock opened at $1.02 on Friday. The firm has a market cap of $94.86 million, a PE ratio of -12.75 and a beta of -10.00. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.13. The business’s fifty day moving average is $1.18 and its two-hundred day moving average is $1.06. Castellum, Inc. has a fifty-two week low of $0.13 and a fifty-two week high of $2.83.

Institutional Trading of Castellum

A number of institutional investors and hedge funds have recently made changes to their positions in CTM. Geode Capital Management LLC increased its holdings in 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. Jane Street Group LLC increased its holdings in Castellum by 2,180.2% in the 4th quarter. Jane Street Group LLC now owns 449,001 shares of the company’s stock valued at $898,000 after purchasing an additional 429,310 shares in the last quarter. Inscription Capital LLC acquired a new stake in Castellum in the 1st quarter valued at $265,000. XTX Topco Ltd acquired a new stake in Castellum in the 1st quarter valued at $69,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in Castellum in the 1st quarter valued at $72,000. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Maxim Group set a $3.00 price objective on Castellum and gave the stock a “buy” rating in a report on Thursday, April 24th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Castellum currently has an average rating of “Buy” and a consensus price target of $3.00.

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.