Insider Selling: Castellum (NYSEAMERICAN:CTM) Insider Sells 500,000 Shares of Stock

Key Points

• Mark Fuller, an insider at Castellum, Inc. (NYSEAMERICAN:CTM), sold 500,000 shares at an average price of $1.12, totaling $560,000, resulting in a 7.56% decrease in his ownership.
• Castellum's stock remains relatively stable, trading at $1.14, with a market capitalization of $106.02 million, and a range over the past year between $0.13 and $2.83.
• Significant activity from institutional investors has been noted, including a 2,180.2% increase in stake by Jane Street Group LLC during the fourth quarter, demonstrating growing interest in Castellum.

Castellum, Inc. (NYSEAMERICAN:CTM - ) insider Mark Fuller sold 500,000 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $1.12, for a total transaction of $560,000.00. Following the completion of the transaction, the insider directly owned 6,113,659 shares in the company, valued at $6,847,298.08. The trade was a 7.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Castellum Stock Performance

NYSEAMERICAN:CTM remained flat at $1.14 during mid-day trading on Wednesday. 2,554,008 shares of the company were exchanged, compared to its average volume of 3,669,493. Castellum, Inc. has a 1-year low of $0.13 and a 1-year high of $2.83. The stock has a market capitalization of $106.02 million, a price-to-earnings ratio of -14.25 and a beta of -10.02. The business's 50 day moving average is $1.17 and its two-hundred day moving average is $1.07. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.13.

Hedge Funds Weigh In On Castellum

Hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC grew its stake in shares of Castellum by 2,180.2% during the fourth quarter. Jane Street Group LLC now owns 449,001 shares of the company's stock worth $898,000 after buying an additional 429,310 shares during the last quarter. Inscription Capital LLC bought a new stake in Castellum during the 1st quarter worth $265,000. Savvy Advisors Inc. bought a new stake in Castellum during the 2nd quarter worth $201,000. Geode Capital Management LLC grew its holdings in shares of Castellum by 43.2% during the second quarter. Geode Capital Management LLC now owns 599,198 shares of the company's stock worth $629,000 after purchasing an additional 180,673 shares during the last quarter. Finally, XTX Topco Ltd grew its holdings in Castellum by 107.6% during the 2nd quarter. XTX Topco Ltd now owns 135,796 shares of the company's stock worth $143,000 after acquiring an additional 70,377 shares during the last quarter. 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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