Castellum (CTM) to Release Earnings on Tuesday

Castellum (NYSEAMERICAN:CTM) is expected to be announcing its results before the market opens on Tuesday, March 10th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $14.0710 million for the quarter.

Castellum Stock Down 3.1%

CTM opened at $0.90 on Friday. The stock’s 50 day moving average price is $0.95 and its 200 day moving average price is $1.03. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.17 and a quick ratio of 4.17. The stock has a market cap of $85.15 million, a P/E ratio of -15.00 and a beta of -9.49. Castellum has a 12 month low of $0.79 and a 12 month high of $1.56.

Insider Activity

In other news, General Counsel Jay O. Wright sold 127,000 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $1.21, for a total value of $153,670.00. Following the completion of the transaction, the general counsel owned 7,243,973 shares of the company’s stock, valued at approximately $8,765,207.33. This represents a 1.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders sold a total of 218,000 shares of company stock valued at $255,930 over the last ninety days. Corporate insiders own 29.79% of the company’s stock.

Institutional Investors Weigh In On Castellum

Several institutional investors have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC bought a new position in Castellum in the 1st quarter valued at about $72,000. Geode Capital Management LLC raised its position in shares of Castellum by 43.2% during the 2nd quarter. Geode Capital Management LLC now owns 599,198 shares of the company’s stock worth $629,000 after buying an additional 180,673 shares in the last quarter. XTX Topco Ltd lifted its stake in shares of Castellum by 107.6% in 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 period. Jane Street Group LLC acquired a new stake in shares of Castellum in the 2nd quarter worth approximately $204,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Castellum by 21.5% in the third quarter. Vanguard Group Inc. now owns 1,277,915 shares of the company’s stock valued at $1,393,000 after acquiring an additional 225,937 shares in the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

Castellum Company Profile

Castellum AB is a Sweden‐based real estate company specializing in the ownership, management and development of commercial properties. The company’s primary focus is on office premises and logistics facilities situated in attractive growth regions across Sweden and the broader Öresund area. With a strategic emphasis on long‐term leases and strong tenant relationships, Castellum aims to deliver stable rental income and capital appreciation over time.

Founded in 1940 and headquartered in Gothenburg, Castellum has grown through a combination of land acquisitions, property development and selective portfolio divestments.