Castellum (NYSEAMERICAN:CTM) General Counsel Sells $50,190.84 in Stock

Key Points

• Jay Wright, General Counsel of Castellum, sold 46,473 shares of the company's stock on September 5th, totaling approximately $50,190.84, reducing his position by 0.55%.
• Castellum's stock price increased by $0.02 to reach $1.15, with a market cap of $106.95 million and a 12-month trading range between $0.13 and $2.83.
• Several institutional investors, including Geode Capital Management and Meridian Wealth Management, have recently increased their stakes in Castellum, demonstrating growing interest in the company's stock.

Castellum, Inc. (NYSEAMERICAN:CTM - Get Free Report) General Counsel Jay O. Wright sold 46,473 shares of the stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $1.08, for a total transaction of $50,190.84. Following the completion of the transaction, the general counsel directly owned 8,477,200 shares of the company's stock, valued at approximately $9,155,376. The trade was a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Castellum Stock Performance

CTM remained flat at $1.11 during midday trading on Friday. 1,071,504 shares of the company's stock were exchanged, compared to its average volume of 2,198,215. The company has a market capitalization of $103.23 million, a price-to-earnings ratio of -13.88 and a beta of -10.02. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.62 and a quick ratio of 3.62. Castellum, Inc. has a twelve month low of $0.13 and a twelve month high of $2.83. The company's 50-day simple moving average is $1.17 and its 200-day simple moving average is $1.09.

Institutional Investors Weigh In On Castellum

Hedge funds and other institutional investors have recently bought and sold shares of the business. XTX Topco Ltd purchased a new stake in Castellum in the first quarter worth about $69,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Castellum during the first quarter valued at approximately $72,000. Savvy Advisors Inc. purchased a new stake in shares of Castellum during the second quarter valued at approximately $201,000. Jane Street Group LLC purchased a new stake in shares of Castellum during the second quarter valued at approximately $204,000. Finally, Inscription Capital LLC purchased a new stake in shares of Castellum during the first quarter valued at approximately $265,000. Hedge funds and other institutional investors own 3.39% of the company's stock.

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.