Castellum (NYSEAMERICAN:CTM) General Counsel Jay Wright Sells 60,000 Shares

Castellum, Inc. (NYSEAMERICAN:CTM) General Counsel Jay Wright sold 60,000 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $1.18, for a total value of $70,800.00. Following the completion of the transaction, the general counsel directly owned 7,683,973 shares in the company, valued at approximately $9,067,088.14. The trade was a 0.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Castellum Stock Performance

NYSEAMERICAN:CTM traded down $0.04 during trading hours on Friday, reaching $1.15. The company had a trading volume of 1,855,240 shares, compared to its average volume of 3,877,194. The firm has a market cap of $108.33 million, a PE ratio of -19.08 and a beta of -10.02. Castellum, Inc. has a 1-year low of $0.15 and a 1-year high of $2.83. The business’s 50 day moving average price is $1.10 and its 200-day moving average price is $1.11. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.17 and a quick ratio of 3.62.

Castellum (NYSEAMERICAN:CTM) last released its earnings results on Friday, November 7th. The company reported $0.00 earnings per share for the quarter. Castellum had a negative return on equity of 13.31% and a negative net margin of 7.55%.The business had revenue of $14.62 million for the quarter.

Institutional Investors Weigh In On Castellum

Institutional investors and hedge funds have recently bought and sold shares of the stock. Essex Investment Management Co. LLC increased its position in Castellum by 3.0% in the 3rd quarter. Essex Investment Management Co. LLC now owns 2,153,617 shares of the company’s stock valued at $2,347,000 after acquiring an additional 63,117 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Castellum by 21.5% during the third quarter. Vanguard Group Inc. now owns 1,277,915 shares of the company’s stock worth $1,393,000 after purchasing an additional 225,937 shares during the period. Meridian Wealth Management LLC grew its position in Castellum by 11.0% in the 3rd quarter. Meridian Wealth Management LLC now owns 684,600 shares of the company’s stock valued at $746,000 after buying an additional 67,800 shares during the last quarter. Geode Capital Management LLC increased its stake in Castellum by 43.2% in the 2nd quarter. Geode Capital Management LLC now owns 599,198 shares of the company’s stock valued at $629,000 after buying an additional 180,673 shares during the period. Finally, Savvy Advisors Inc. raised its position in Castellum by 18.8% during the 3rd quarter. Savvy Advisors Inc. now owns 227,000 shares of the company’s stock worth $247,000 after buying an additional 35,900 shares during the last quarter. 3.39% of the stock is owned by hedge funds and other institutional investors.

About Castellum

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.