Castellum, Inc. (NYSEAMERICAN:CTM) Shares Purchased by Jane Street Group LLC

Jane Street Group LLC grew its position in Castellum, Inc. (NYSEAMERICAN:CTM - Free Report) by 2,180.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 449,001 shares of the company's stock after acquiring an additional 429,310 shares during the quarter. Jane Street Group LLC owned about 0.64% of Castellum worth $898,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CTM. Bank of New York Mellon Corp bought a new position in shares of Castellum in the fourth quarter worth about $2,456,000. Geode Capital Management LLC grew its holdings in Castellum by 49.9% in the fourth quarter. Geode Capital Management LLC now owns 299,643 shares of the company's stock worth $599,000 after purchasing an additional 99,714 shares during the last quarter. Finally, PKS Advisory Services LLC purchased a new position in Castellum in the fourth quarter worth $84,000. Hedge funds and other institutional investors own 3.39% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CTM shares. Maxim Group set a $3.00 price objective on shares of Castellum and gave the company a "buy" rating in a research report on Thursday, April 24th. UBS Group raised shares of Castellum from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 23rd.

Castellum Trading Down 0.5%

Castellum stock traded down $0.01 during trading on Wednesday, hitting $1.06. The company had a trading volume of 574,425 shares, compared to its average volume of 3,706,227. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.63. The stock has a market cap of $73.79 million, a price-to-earnings ratio of -6.21 and a beta of -12.75. The company's 50 day simple moving average is $1.00 and its 200-day simple moving average is $0.72. Castellum, Inc. has a 1-year low of $0.12 and a 1-year high of $2.83.

Insider Activity at Castellum

In related news, General Counsel Jay O. Wright sold 259,400 shares of the stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $1.07, for a total transaction of $277,558.00. Following the completion of the transaction, the general counsel now directly owns 9,023,673 shares of the company's stock, valued at $9,655,330.11. This represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Mark C. Fuller sold 275,000 shares of the firm's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $1.49, for a total transaction of $409,750.00. Following the completion of the sale, the director now owns 7,338,659 shares of the company's stock, valued at approximately $10,934,601.91. The trade was a 3.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,034,400 shares of company stock valued at $1,212,308 over the last three months. 45.55% of the stock is owned by corporate insiders.

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.