Insider Selling: Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) CFO Sells 13,392 Shares of Stock

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) CFO Thomas E. Herman sold 13,392 shares of the company’s stock in a transaction on Wednesday, January 29th. The shares were sold at an average price of $15.58, for a total transaction of $208,647.36. Following the completion of the sale, the chief financial officer now directly owns 13,391 shares in the company, valued at approximately $208,631.78. This represents a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

CPZ stock opened at $15.66 on Friday. The company’s fifty day simple moving average is $15.35 and its 200 day simple moving average is $15.48. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12-month low of $14.67 and a 12-month high of $16.03.

Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend

The firm also recently announced a — dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were paid a dividend of $0.3359 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a yield of 26.5%.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

A number of hedge funds have recently added to or reduced their stakes in CPZ. Walleye Capital LLC bought a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the third quarter worth approximately $290,000. Shaker Financial Services LLC lifted its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 38.7% in the third quarter. Shaker Financial Services LLC now owns 21,188 shares of the company’s stock valued at $332,000 after buying an additional 5,916 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 9.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 35,356 shares of the company’s stock valued at $524,000 after buying an additional 3,160 shares during the last quarter. Atria Wealth Solutions Inc. increased its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 41,097 shares of the company’s stock worth $610,000 after acquiring an additional 3,019 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 2nd quarter worth about $765,000.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

Calamos Investments is a global investment firm committed to excellence in investment management and client services. A global investment platform with focused, experienced teams, specialized by investment discipline. Serving the needs of institutional and individual investors since 1977. Offering a range of global investment solutions to work with a client’s asset allocation framework.