Bank of New York Mellon Corp Purchases New Shares in Castellum, Inc. (NYSEAMERICAN:CTM)

Bank of New York Mellon Corp purchased a new stake in Castellum, Inc. (NYSEAMERICAN:CTM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,227,824 shares of the company’s stock, valued at approximately $2,456,000.

Castellum Trading Down 4.7 %

NYSEAMERICAN:CTM opened at $1.22 on Friday. The firm has a market capitalization of $85.33 million, a price-to-earnings ratio of -7.18 and a beta of -12.75. The firm has a 50-day moving average of $1.05. 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 1-year low of $0.12 and a 1-year high of $2.83.

Insiders Place Their Bets

In related news, Director Mark C. Fuller sold 275,000 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $1.49, for a total value of $409,750.00. Following the sale, the director now directly owns 7,338,659 shares of the company’s stock, valued at approximately $10,934,601.91. The trade was a 3.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 45.55% of the company’s stock.

Castellum 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.