XTX Topco Ltd Invests $69,000 in Castellum, Inc. (NYSEAMERICAN:CTM)

XTX Topco Ltd bought a new stake in Castellum, Inc. (NYSEAMERICAN:CTM) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 65,419 shares of the company’s stock, valued at approximately $69,000. XTX Topco Ltd owned approximately 0.09% of Castellum as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CTM. Jane Street Group LLC lifted its position in Castellum by 2,180.2% in the fourth quarter. Jane Street Group LLC now owns 449,001 shares of the company’s stock valued at $898,000 after purchasing an additional 429,310 shares during the period. Geode Capital Management LLC increased its holdings in shares of Castellum by 49.9% in the 4th 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 in the last quarter. Finally, Inscription Capital LLC purchased a new position in shares of Castellum in the 1st quarter valued at about $265,000. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Castellum Trading Down 5.0%

Shares of CTM stock opened at $1.15 on Friday. The stock has a market cap of $106.95 million, a price-to-earnings ratio of -14.38 and a beta of -10.00. The company has a quick ratio of 2.92, a current ratio of 3.62 and a debt-to-equity ratio of 0.13. Castellum, Inc. has a fifty-two week low of $0.13 and a fifty-two week high of $2.83. The firm’s 50 day moving average price is $1.20 and its two-hundred day moving average price is $1.07.

Analysts Set New Price Targets

CTM has been the subject of a number of research analyst reports. Maxim Group set a $3.00 price target on shares of Castellum and gave the company a “buy” rating in a report on Thursday, April 24th. UBS Group upgraded shares of Castellum from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 23rd.

Insider Buying and Selling

In other news, General Counsel Jay O. Wright sold 259,400 shares of Castellum stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $1.07, for a total transaction of $277,558.00. Following the sale, the general counsel owned 9,023,673 shares in the company, valued at $9,655,330.11. This trade represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark C. Fuller sold 500,000 shares of Castellum stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $1.05, for a total transaction of $525,000.00. Following the sale, the director owned 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. Company insiders own 29.79% 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.