Castellum (NYSEAMERICAN:CTM) Trading Up 1.8% - Should You Buy?

Key Points

• Castellum, Inc. shares rose by 1.8% to $1.11, though trading volume decreased by 12% compared to its daily average.
• Insiders, including General Counsel Jay O. Wright, have recently sold significant amounts of stock, with notable sales totaling $803,000 in August and September.
• Castellum has a market capitalization of $103.23 million and operates in sectors such as cybersecurity and information technology.

Shares of Castellum, Inc. (NYSEAMERICAN:CTM - ) were up 1.8% on Wednesday . The stock traded as high as $1.11 and last traded at $1.11. Approximately 1,843,140 shares were traded during trading, a decline of 12% from the average daily volume of 2,087,620 shares. The stock had previously closed at $1.09.

Castellum Price Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.62 and a current ratio of 3.62. The company has a market cap of $103.23 million, a P/E ratio of -13.88 and a beta of -10.01. The firm has a 50 day moving average price of $1.13 and a two-hundred day moving average price of $1.10.

Insider Activity

In other Castellum news, General Counsel Jay O. Wright sold 225,000 shares of the firm's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $1.08, for a total value of $243,000.00. Following the completion of the transaction, the general counsel owned 8,798,673 shares in the company, valued at $9,502,566.84. This trade represents a 2.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark C. Fuller sold 500,000 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $1.12, for a total value of $560,000.00. Following the completion of the transaction, the insider owned 6,113,659 shares of the company's stock, valued at approximately $6,847,298.08. This represents a 7.56% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 897,473 shares of company stock valued at $985,491. 29.79% of the stock is owned by corporate insiders.

Institutional Trading of Castellum

Large investors have recently modified their holdings of the business. XTX Topco Ltd bought a new stake in shares of Castellum during the 1st quarter valued at about $69,000. Cubist Systematic Strategies LLC bought a new stake in shares of Castellum during the 1st quarter valued at about $72,000. Savvy Advisors Inc. bought a new stake in shares of Castellum during the 2nd quarter valued at about $201,000. Jane Street Group LLC bought a new stake in shares of Castellum during the 2nd quarter valued at about $204,000. Finally, Inscription Capital LLC bought a new stake in shares of Castellum during the 1st quarter valued at about $265,000. Institutional investors own 3.39% of the company's stock.

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.

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