Insider Selling: Castellum (NYSEAMERICAN:CTM) General Counsel Sells 50,000 Shares of Stock

Castellum, Inc. (NYSEAMERICAN:CTM) General Counsel Jay Wright sold 50,000 shares of Castellum stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $1.16, for a total transaction of $58,000.00. Following the sale, the general counsel directly owned 7,193,973 shares of the company’s stock, valued at $8,345,008.68. This represents a 0.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Castellum Trading Down 5.2%

Shares of NYSEAMERICAN:CTM traded down $0.06 during midday trading on Friday, hitting $1.10. The company had a trading volume of 1,653,385 shares, compared to its average volume of 3,702,121. The company has a current ratio of 4.17, a quick ratio of 4.17 and a debt-to-equity ratio of 0.06. Castellum, Inc. has a 12 month low of $0.26 and a 12 month high of $2.83. The firm has a fifty day simple moving average of $1.08 and a 200 day simple moving average of $1.12. The stock has a market cap of $104.07 million, a price-to-earnings ratio of -18.33 and a beta of -9.87.

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 firm had revenue of $14.62 million for the quarter.

Hedge Funds Weigh In On Castellum

Hedge funds and other institutional investors have recently made changes to their positions in the company. 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 during the last quarter. Jane Street Group LLC acquired a new position in Castellum during the second quarter worth approximately $204,000. Savvy Advisors Inc. bought a new stake in Castellum in the second quarter valued at approximately $201,000. Geode Capital Management LLC lifted its position in shares of Castellum by 43.2% in the second 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 last quarter. Finally, Centiva Capital LP acquired a new stake in shares of Castellum in the third quarter valued at approximately $133,000. 3.39% of the stock is owned by 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.