Castellum (NYSEAMERICAN:CTM) COO Andrew Merriman Purchases 50,000 Shares of Stock

Castellum, Inc. (NYSEAMERICAN:CTM) COO Andrew Merriman bought 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was purchased at an average cost of $0.62 per share, for a total transaction of $31,000.00. Following the completion of the transaction, the chief operating officer owned 588,531 shares in the company, valued at $364,889.22. This trade represents a 9.28% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Castellum Stock Performance

Shares of CTM opened at $0.60 on Thursday. The stock has a 50-day moving average of $0.65 and a two-hundred day moving average of $0.71. Castellum, Inc. has a one year low of $0.48 and a one year high of $1.36. The stock has a market cap of $56.86 million, a P/E ratio of -29.99 and a beta of -6.62.

Castellum (NYSEAMERICAN:CTM) last announced its quarterly earnings data on Thursday, August 6th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Castellum had a negative net margin of 4.13% and a negative return on equity of 6.32%. The firm had revenue of $13.86 million during the quarter, compared to analyst estimates of $16.00 million.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CTM. Two Sigma Securities LLC boosted its position in Castellum by 166.3% in the 2nd quarter. Two Sigma Securities LLC now owns 40,530 shares of the company’s stock worth $29,000 after purchasing an additional 25,308 shares in the last quarter. Inspire Advisors LLC purchased a new position in shares of Castellum during the 4th quarter valued at approximately $38,000. Two Sigma Investments LP lifted its stake in shares of Castellum by 135.1% in the 3rd quarter. Two Sigma Investments LP now owns 77,565 shares of the company’s stock valued at $85,000 after purchasing an additional 44,569 shares during the period. Geode Capital Management LLC lifted its stake in shares of Castellum by 6.9% in the 4th quarter. Geode Capital Management LLC now owns 773,724 shares of the company’s stock valued at $699,000 after purchasing an additional 50,197 shares during the period. Finally, Legato Capital Management LLC boosted its holdings in Castellum by 9.6% during the fourth quarter. Legato Capital Management LLC now owns 680,945 shares of the company’s stock worth $615,000 after buying an additional 59,536 shares in the last quarter. 3.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Castellum to a “hold” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Castellum currently has an average rating of “Hold”.

About Castellum

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.