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

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

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PKS Advisory Services LLC purchased a new stake in shares of Castellum during the 4th quarter valued at about $84,000. Geode Capital Management LLC raised its position in Castellum by 49.9% during the fourth quarter. Geode Capital Management LLC now owns 299,643 shares of the company's stock valued at $599,000 after purchasing an additional 99,714 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in Castellum during the fourth quarter valued at approximately $2,456,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Castellum Trading Down 1.4%

Shares of NYSEAMERICAN CTM traded down $0.02 during trading on Thursday, hitting $1.04. 448,789 shares of the company were exchanged, compared to its average volume of 3,709,073. Castellum, Inc. has a 12-month low of $0.12 and a 12-month high of $2.83. The firm has a market capitalization of $72.39 million, a PE ratio of -6.03 and a beta of -12.75. The company has a fifty day moving average price of $0.99 and a 200-day moving average price of $0.73. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.11 and a current ratio of 1.11.

Insider Buying and Selling at Castellum

In other Castellum news, General Counsel Jay O. Wright sold 259,400 shares of the business's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $1.07, for a total value of $277,558.00. Following the completion of the transaction, the general counsel now owns 9,023,673 shares in the company, valued at $9,655,330.11. The trade was a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Mark C. Fuller sold 500,000 shares of the stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $1.05, for a total value of $525,000.00. Following the completion of the sale, the director now directly owns 6,613,659 shares in the company, valued at $6,944,341.95. This represents a 7.03% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,034,400 shares of company stock worth $1,212,308 over the last three months. Insiders own 45.55% of the company's stock.

Analyst Ratings Changes

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

Castellum 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.