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Calamos Asset Management Inc. Shs -A- (NASDAQ:CLMS) CEO John P. Sr Calamos, Sr. bought 5,860 shares of Calamos Asset Management Inc. Shs -A- stock on the open market in a transaction that occurred on Monday, January 27th. The shares were purchased at an average cost of $11.49 per share, with a total value of $67,331.40. Following the completion of the purchase, the chief executive officer now directly owns 1,877,611 shares of the company’s stock, valued at approximately $21,573,750. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Calamos Asset Management Inc. Shs -A- (NASDAQ:CLMS) traded down 0.70% during mid-day trading on Monday, hitting $11.41. 134,213 shares of the company’s stock traded hands. Calamos Asset Management Inc. Shs -A- has a 52-week low of $9.46 and a 52-week high of $12.26. The stock has a 50-day moving average of $11.47 and a 200-day moving average of $10.5. The company has a market cap of $234.2 million and a P/E ratio of 19.12.

A number of research firms have recently commented on CLMS. Analysts at Zacks upgraded shares of Calamos Asset Management Inc. Shs -A- from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, January 15th. They now have a $12.40 price target on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Calamos Asset Management Inc. Shs -A- from $9.75 to $11.00 in a research note to investors on Friday, January 10th. They now have a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $10.80.

Calamos Asset Management, Inc (NASDAQ:CLMS) is a holding company.

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