Mark C. Fuller Sells 500,000 Shares of Castellum, Inc. (NYSEAMERICAN:CTM) Stock

Castellum, Inc. (NYSEAMERICAN:CTM) Director Mark C. Fuller sold 500,000 shares of the firm’s stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $1.05, for a total transaction of $525,000.00. Following the transaction, the director now directly owns 6,613,659 shares in the company, valued at approximately $6,944,341.95. This trade represents a 7.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Castellum Stock Performance

Shares of CTM stock opened at $0.95 on Thursday. The firm has a market cap of $66.09 million, a price-to-earnings ratio of -5.56 and a beta of -12.75. The company’s 50 day moving average is $1.01 and its 200 day moving average is $0.71. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.63. Castellum, Inc. has a 52-week low of $0.12 and a 52-week high of $2.83.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. 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 target price on shares of Castellum and gave the stock a “buy” rating in a research report on Thursday, April 24th.

Hedge Funds Weigh In On Castellum

Several institutional investors have recently bought and sold shares of CTM. XTX Topco Ltd purchased a new position in Castellum during the first quarter valued at approximately $69,000. Cubist Systematic Strategies LLC acquired a new stake in Castellum in the first quarter valued at approximately $72,000. PKS Advisory Services LLC acquired a new stake in Castellum in the fourth quarter valued at approximately $84,000. Inscription Capital LLC acquired a new stake in Castellum in the first quarter valued at approximately $265,000. Finally, Geode Capital Management LLC boosted 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 valued at $599,000 after acquiring an additional 99,714 shares in the last quarter. 3.39% of the stock is owned by hedge funds and other institutional investors.

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.