Castellum (NYSEAMERICAN:CTM) Stock Price Up 2.2% – Here’s Why

Castellum, Inc. (NYSEAMERICAN:CTM) shares rose 2.2% on Friday . The stock traded as high as $0.8499 and last traded at $0.8281. Approximately 686,088 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 1,281,553 shares. The stock had previously closed at $0.8106.

Castellum Stock 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 has a 50-day moving average price of $0.99 and a 200 day moving average price of $1.06. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.17 and a quick ratio of 4.17.

Insider Buying and Selling

In other news, General Counsel Jay O. Wright sold 30,000 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were 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 owned 7,134,973 shares of the company’s stock, valued at $7,491,721.65. This represents a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last three months, insiders sold 218,000 shares of company stock valued at $255,930. 29.79% of the stock is owned by insiders.

Institutional Investors Weigh In On Castellum

A number of institutional investors have recently bought and sold shares of the stock. Essex Investment Management Co. LLC raised its stake in Castellum by 3.0% during the third quarter. Essex Investment Management Co. LLC now owns 2,153,617 shares of the company’s stock worth $2,347,000 after purchasing an additional 63,117 shares during the period. Vanguard Group Inc. raised its position 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 worth $1,393,000 after buying an additional 225,937 shares during the period. Geode Capital Management LLC raised its position in shares of Castellum by 6.9% in the 4th quarter. Geode Capital Management LLC now owns 773,724 shares of the company’s stock worth $699,000 after buying an additional 50,197 shares during the period. Meridian Wealth Management LLC boosted its holdings in Castellum by 8.8% in the fourth quarter. Meridian Wealth Management LLC now owns 745,150 shares of the company’s stock valued at $673,000 after acquiring an additional 60,550 shares during the last quarter. Finally, Legato Capital Management LLC grew its position in Castellum by 9.6% during the fourth quarter. Legato Capital Management LLC now owns 680,945 shares of the company’s stock valued at $615,000 after acquiring an additional 59,536 shares during the period. 3.39% of the stock is currently owned by hedge funds and other institutional investors.

About Castellum

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.