Castellum (NYSEAMERICAN:CTM) General Counsel Jay Wright Sells 46,473 Shares

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 - ) General Counsel Jay Wright sold 46,473 shares of Castellum stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $1.08, for a total value of $50,190.84. Following the completion of the transaction, the general counsel owned 8,477,200 shares of the company's stock, valued at approximately $9,155,376. This represents a 0.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Castellum Price Performance

CTM stock traded up $0.02 during mid-day trading on Tuesday, reaching $1.15. 1,457,846 shares of the company's stock were exchanged, compared to its average volume of 3,622,058. 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 12-month low of $0.13 and a 12-month high of $2.83. The stock's 50 day moving average is $1.17 and its 200 day moving average is $1.08. The company has a market cap of $106.95 million, a price-to-earnings ratio of -14.38 and a beta of -10.01.

Institutional Investors Weigh In On Castellum

A number of institutional investors have recently added to or reduced their stakes in the stock. Meridian Wealth Management LLC raised its position in Castellum by 6.2% during the second quarter. Meridian Wealth Management LLC now owns 616,800 shares of the company's stock worth $648,000 after acquiring an additional 36,000 shares during the period. XTX Topco Ltd acquired a new position in shares of Castellum during the 1st quarter worth about $69,000. Cubist Systematic Strategies LLC purchased a new position in Castellum in the 1st quarter valued at about $72,000. Geode Capital Management LLC boosted its holdings in Castellum by 43.2% in the 2nd quarter. Geode Capital Management LLC now owns 599,198 shares of the company's stock worth $629,000 after buying an additional 180,673 shares during the last quarter. Finally, Savvy Advisors Inc. purchased a new stake in Castellum during the 2nd quarter worth approximately $201,000. Institutional investors and hedge funds 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.

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