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Calamos Asset Management (NASDAQ:CLMS) CEO John P. Sr Calamos, Sr. acquired 4,438 shares of Calamos Asset Management stock in a transaction that occurred on Tuesday, August 26th. The shares were purchased at an average price of $12.94 per share, for a total transaction of $57,427.72. Following the acquisition, the chief executive officer now directly owns 3,600,256 shares of the company’s stock, valued at approximately $46,587,313. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Shares of Calamos Asset Management (NASDAQ:CLMS) traded up 0.08% on Wednesday, hitting $13.03. The stock had a trading volume of 101,957 shares. Calamos Asset Management has a 52 week low of $9.46 and a 52 week high of $13.90. The stock’s 50-day moving average is $12.76 and its 200-day moving average is $12.66. The company has a market cap of $267.5 million and a P/E ratio of 13.35.

Calamos Asset Management (NASDAQ:CLMS) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.09. The company had revenue of $63.00 million for the quarter, compared to the consensus estimate of $64.42 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. The company’s revenue for the quarter was down 5.5% on a year-over-year basis. On average, analysts predict that Calamos Asset Management will post $0.54 earnings per share for the current fiscal year.

CLMS has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Calamos Asset Management from an “outperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $14.50 price target on the stock. Analysts at Keefe, Bruyette & Woods downgraded shares of Calamos Asset Management from a “market perform” rating to an “underperform” rating in a research note on Monday, July 14th. They now have a $11.75 price target on the stock.

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

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