Insider Filings: William Shiebler just Invested in 22 shares of Calamos Asset Management, Inc (NASDAQ:CLMS), be careful if you are short!

November 23, 2016 - By Marguerite Chambers

Insider Filings: William Shiebler just Invested in 22 shares of Calamos Asset Management, Inc (NASDAQ:CLMS), be careful if you are short!

William Shiebler Insider Buy

22 shares of Calamos Asset Management Inc were acquired by William Shiebler, the corporation’s director. The shares are valued at roughly $157 which has been calculated on the basis of the average transactions stock price ($7.1 for a share). William Shiebler now has in hand 18,082 shares which make up about 0.09% of the Illinois-Company’s market capitalization.

Calamos Asset Management, Inc (NASDAQ:CLMS) Ratings Coverage

Out of 4 analysts covering Calamos Asset Management (NASDAQ:CLMS), 0 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 0 are positive. $10 is the highest target while $7 is the lowest. The $8.63 average target is 21.04% above today’s ($7.13) stock price. Calamos Asset Management has been the topic of 8 analyst reports since August 27, 2015 according to StockzIntelligence Inc. As per Monday, June 20, the company rating was upgraded by Keefe Bruyette & Woods. The rating was reinitiated by Credit Suisse with “Underperform” on Friday, July 15. The stock of Calamos Asset Management, Inc (NASDAQ:CLMS) earned “Market Perform” rating by Wood on Monday, June 20. The firm has “Underperform” rating by Wood given on Thursday, September 3. On Thursday, August 27 the stock rating was downgraded by TheStreet to “Buy”.

Insitutional Activity: The institutional sentiment increased to 1.29 in 2016 Q2. Its up 0.34, from 0.95 in 2016Q1. The ratio is positive, as 13 funds sold all Calamos Asset Management, Inc shares owned while 24 reduced positions. 5 funds bought stakes while 30 increased positions. They now own 11.70 million shares or 1.62% less from 11.89 million shares in 2016Q1.

The Illinois-based Guggenheim Limited Liability Company has invested 0% in Calamos Asset Management, Inc (NASDAQ:CLMS). The New York-based Goldman Sachs Grp Inc has invested 0% in Calamos Asset Management, Inc (NASDAQ:CLMS). Ancora Advsr Ltd Com accumulated 0.07% or 84,900 shares. California State Teachers Retirement Sys, a California-based fund reported 35,370 shares. Voya Inv Mngmt Limited accumulated 0% or 11,689 shares. Moreover, Blackrock has 0% invested in Calamos Asset Management, Inc (NASDAQ:CLMS) for 6,580 shares. Blackrock Advsr Llc last reported 0% of its portfolio in the stock. Gemmer Asset Ltd Limited Liability Company has 0% invested in the company for 93 shares. The New York-based Renaissance Ltd Llc has invested 0.01% in Calamos Asset Management, Inc (NASDAQ:CLMS). Bnp Paribas Arbitrage Sa holds 0% of its portfolio in Calamos Asset Management, Inc (NASDAQ:CLMS) for 5,193 shares. Price T Rowe Assocs Md holds 0% or 18,000 shares in its portfolio. Invesco Limited last reported 0% of its portfolio in the stock. The Ohio-based Oak Assoc Oh has invested 0.03% in Calamos Asset Management, Inc (NASDAQ:CLMS). Hightower Advsr Ltd reported 155,065 shares or 0.01% of all its holdings. Blackrock Fund Advsr holds 0% or 1.13M shares in its portfolio.

Insider Transactions: Since May 24, 2016, the stock had 6 insider buys, and 0 sales for $200,735 net activity. Shares for $148 were bought by SCHAPPERT KEITH M on Wednesday, May 25. $148 worth of Calamos Asset Management, Inc (NASDAQ:CLMS) was bought by SHIEBLER WILLIAM N. Gilbert Richard W also bought $2,707 worth of Calamos Asset Management, Inc (NASDAQ:CLMS) shares. On Monday, November 21 the insider CALAMOS JOHN P SR bought $100,883. Shares for $351 were bought by EGGERS THOMAS F on Wednesday, May 25.

About 1,777 shares traded hands. Calamos Asset Management, Inc (NASDAQ:CLMS) has declined 22.29% since April 21, 2016 and is downtrending. It has underperformed by 27.62% the S&P500.

Calamos Asset Management, Inc. is a holding company. The company has a market cap of $149.94 million. The Firm is the manager of Calamos Investments LLC, which owns and manages its operating companies. It has a 144.69 P/E ratio. The Firm provides investment advisory services to individuals and institutional investors through investment products that include open-end and closed-end funds , an exchange traded fund, separate accounts, offshore funds and partnerships.

According to Zacks Investment Research, “Calamos Asset Management, Inc., provides investment advisory services through its subsidiaries to institutions and individuals, principally in the United States. The company applies a proprietary investment process centered on risk management across an expanding range of investment strategies within the equity, balanced, convertible, high yield and alternative investment classes.”

Analysts await Calamos Asset Management, Inc (NASDAQ:CLMS) to report earnings on February, 14.

More news for Calamos Asset Management, Inc (NASDAQ:CLMS) were recently published by: Prnewswire.com, which released: “Calamos Asset Management, Inc. Reports Third Quarter 2016 Results and Declares ..” on October 27, 2016. Prnewswire.com‘s article titled: “Calamos Asset Management, Inc. Announces Third Quarter 2016 Investor ..” and published on October 12, 2016 is yet another important article.

CLMS Company Profile

Calamos Asset Management, Inc., incorporated on July 23, 2004, is a holding company. The Firm is the manager of Calamos Investments LLC, which owns and manages its operating companies. The Firm provides investment advisory services to individuals and institutional investors through investment products that include open-end and closed-end funds (Funds), an exchange traded fund, separate accounts, offshore funds and partnerships. The subsidiaries through which the Company provides these services include Calamos Advisors LLC (CAL), an investment advisor; Calamos Financial Services LLC (CFS), a broker-dealer; Calamos Wealth Management LLC, an investment advisor, and Calamos Investments LLP, a United Kingdom investment advisor, and a distributor of the offshore funds and Company products.

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