Castellum (NYSEAMERICAN:CTM) Shares Up 2.2% – What’s Next?

Castellum, Inc. (NYSEAMERICAN:CTMGet Free Report) traded up 2.2% during trading on Friday . The stock traded as high as $0.8499 and last traded at $0.8281. 686,088 shares changed hands during trading, a decline of 46% from the average session volume of 1,281,553 shares. The stock had previously closed at $0.8106.

Castellum Price Performance

The firm has a market cap of $78.35 million, a PE ratio of -13.80 and a beta of -9.68. The stock’s fifty day moving average price is $0.99 and its 200-day moving average price is $1.06. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.17 and a current ratio of 4.17.

Insider Activity at Castellum

In related news, General Counsel Jay O. Wright sold 30,000 shares of Castellum stock in a transaction on Friday, December 19th. The stock was sold at an average price of $1.05, for a total transaction of $31,500.00. Following the completion of the transaction, the general counsel directly owned 7,134,973 shares of the company’s stock, valued at approximately $7,491,721.65. The trade was a 0.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 218,000 shares of company stock worth $255,930. 29.79% of the stock is owned by insiders.

Institutional Investors Weigh In On Castellum

Several institutional investors and hedge funds have recently made changes to their positions in the business. Essex Investment Management Co. LLC increased its holdings in Castellum by 3.0% during 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 in the last quarter. Vanguard Group Inc. increased its stake in shares of Castellum by 21.5% during the 3rd 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 in the last quarter. Geode Capital Management LLC increased its stake in shares of Castellum by 6.9% during the 4th quarter. Geode Capital Management LLC now owns 773,724 shares of the company’s stock worth $699,000 after purchasing an additional 50,197 shares in the last quarter. Meridian Wealth Management LLC lifted its stake in Castellum by 8.8% in the 4th quarter. Meridian Wealth Management LLC now owns 745,150 shares of the company’s stock valued at $673,000 after buying an additional 60,550 shares in the last quarter. Finally, Legato Capital Management LLC lifted its stake in Castellum by 9.6% in the 4th quarter. Legato Capital Management LLC now owns 680,945 shares of the company’s stock valued at $615,000 after buying an additional 59,536 shares in the last quarter. 3.39% of the stock is currently owned by hedge funds and other institutional investors.

Castellum Company Profile

(Get Free Report)

Castellum AB is a Sweden‐based real estate company specializing in the ownership, management and development of commercial properties. The company’s primary focus is on office premises and logistics facilities situated in attractive growth regions across Sweden and the broader Öresund area. With a strategic emphasis on long‐term leases and strong tenant relationships, Castellum aims to deliver stable rental income and capital appreciation over time.

Founded in 1940 and headquartered in Gothenburg, Castellum has grown through a combination of land acquisitions, property development and selective portfolio divestments.

Read More

Receive News & Ratings for Castellum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Castellum and related companies with MarketBeat.com's FREE daily email newsletter.