Insider Buying: Castellum, Inc. (NYSEAMERICAN:CTM) General Counsel Purchases $14,509.80 in Stock

Castellum, Inc. (NYSEAMERICAN:CTM) General Counsel Jay O. Wright bought 80,610 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The stock was purchased at an average cost of $0.18 per share, with a total value of $14,509.80. Following the completion of the transaction, the general counsel now directly owns 9,491,322 shares in the company, valued at $1,708,437.96. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

Castellum Trading Down 4.1 %

Shares of Castellum stock opened at $0.18 on Thursday. Castellum, Inc. has a one year low of $0.17 and a one year high of $0.60. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.19 and a quick ratio of 1.19.

Castellum (NYSEAMERICAN:CTM) last issued its earnings results on Wednesday, May 15th. The company reported ($0.08) EPS for the quarter. Castellum had a negative net margin of 37.71% and a negative return on equity of 69.28%. The firm had revenue of $11.34 million during the quarter.

Hedge Funds Weigh In On Castellum

A number of hedge funds have recently added to or reduced their stakes in CTM. Meridian Wealth Management LLC boosted its stake in Castellum by 123.8% during the 4th quarter. Meridian Wealth Management LLC now owns 503,500 shares of the company’s stock valued at $150,000 after purchasing an additional 278,500 shares during the last quarter. Inscription Capital LLC acquired a new position in Castellum during the 4th quarter valued at about $74,000. Finally, Virtu Financial LLC boosted its stake in Castellum by 82.2% during the 1st quarter. Virtu Financial LLC now owns 103,288 shares of the company’s stock valued at $27,000 after purchasing an additional 46,606 shares during the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

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.