Insider Buying: John Sr Calamos Sr Purchases 12,187 Shares of Calamos Asset Management Inc. Shs -A- Stock (CLMS)
Calamos Asset Management Inc. Shs -A- (NASDAQ:CLMS) CEO John Sr Calamos, Sr. bought 12,187 shares of Calamos Asset Management Inc. Shs -A- stock on the open market in a transaction that occurred on Wednesday, January 8th. The shares were purchased at an average cost of $11.49 per share, with a total value of $140,028.63. Following the purchase, the chief executive officer now directly owns 1,847,193 shares in the company, valued at approximately $21,224,248. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Calamos Asset Management Inc. Shs -A- (NASDAQ:CLMS) traded down 1.62% on Wednesday, hitting $11.51. 159,873 shares of the company’s stock traded hands. Calamos Asset Management Inc. Shs -A- has a 1-year low of $9.46 and a 1-year high of $12.26. The stock’s 50-day moving average is $11. and its 200-day moving average is $10.46. The company has a market cap of $236.3 million and a price-to-earnings ratio of 19.47.
Calamos Asset Management Inc. Shs -A- (NASDAQ:CLMS) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.13 by $0.07. The company had revenue of $65.00 million for the quarter, compared to the consensus estimate of $64.02 million. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was down 20.5% on a year-over-year basis. On average, analysts predict that Calamos Asset Management Inc. Shs -A- will post $0.51 earnings per share for the current fiscal year.
Calamos Asset Management, Inc (NASDAQ:CLMS) is a holding company.
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