Castellum, Inc. (NYSEAMERICAN:CTM) Position Boosted by Jane Street Group LLC

Jane Street Group LLC increased its holdings in Castellum, Inc. (NYSEAMERICAN:CTM - Free Report) by 2,180.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 449,001 shares of the company's stock after purchasing an additional 429,310 shares during the period. Jane Street Group LLC owned 0.64% of Castellum worth $898,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of CTM. Bank of New York Mellon Corp purchased a new stake in Castellum during the 4th quarter worth $2,456,000. PKS Advisory Services LLC acquired a new stake in Castellum in the fourth quarter valued at $84,000. Finally, Geode Capital Management LLC grew its stake 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 in the last quarter. Institutional investors and hedge funds own 3.39% of the company's stock.

Insider Buying and Selling

In related news, General Counsel Jay O. Wright sold 259,400 shares of Castellum stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $1.07, for a total transaction of $277,558.00. Following the transaction, the general counsel now directly owns 9,023,673 shares of the company's stock, 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 Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark C. Fuller sold 275,000 shares of the business's stock in a transaction dated Wednesday, March 5th. The stock was 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 in the company, valued at approximately $10,934,601.91. This trade represents a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,034,400 shares of company stock valued at $1,212,308 in the last three months. 45.55% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

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

Castellum Stock Performance

Shares of NYSEAMERICAN:CTM traded up $0.03 during trading hours on Tuesday, hitting $1.06. The stock had a trading volume of 1,225,356 shares, compared to its average volume of 3,718,401. The stock's fifty day simple moving average is $1.00 and its 200 day simple moving average is $0.72. The firm has a market capitalization of $74.14 million, a price-to-earnings ratio of -6.24 and a beta of -12.75. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.11 and a current ratio of 1.11. Castellum, Inc. has a 1-year low of $0.12 and a 1-year high of $2.83.

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.