Insider Selling: Castellum (NYSEAMERICAN:CTM) General Counsel Sells $58,000.00 in 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 owned 7,193,973 shares in the company, valued at $8,345,008.68. This represents a 0.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Castellum Trading Down 5.2%

Shares of CTM stock opened at $1.10 on Monday. The firm has a fifty day moving average of $1.08 and a 200-day 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 -9.85. Castellum, Inc. has a 52-week low of $0.26 and a 52-week high of $2.83. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.17 and a current ratio of 4.17.

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

Hedge Funds Weigh In On Castellum

A number of hedge funds have recently modified their holdings of the stock. Centiva Capital LP acquired a new stake in Castellum in the 3rd quarter valued at $133,000. Two Sigma Investments LP lifted its holdings in shares of Castellum by 135.1% during the third quarter. Two Sigma Investments LP now owns 77,565 shares of the company’s stock valued at $85,000 after acquiring an additional 44,569 shares during the period. Bridgeway Capital Management LLC acquired a new stake in shares of Castellum in the 3rd quarter valued at $103,000. Vanguard Group Inc. boosted its stake in shares of Castellum by 21.5% in the 3rd quarter. Vanguard Group Inc. now owns 1,277,915 shares of the company’s stock valued at $1,393,000 after purchasing an additional 225,937 shares in the last quarter. Finally, Savvy Advisors Inc. grew its holdings in shares of Castellum by 18.8% in the 3rd quarter. Savvy Advisors Inc. now owns 227,000 shares of the company’s stock worth $247,000 after purchasing an additional 35,900 shares during the last quarter. 3.39% of the stock is owned by institutional investors and hedge funds.

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.