Thomas E. Herman Buys 16,308 Shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Stock

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) CFO Thomas E. Herman bought 16,308 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were purchased at an average cost of 15.55 per share, for a total transaction of 253,589.40. Following the transaction, the chief financial officer now owns 26,783 shares in the company, valued at 416,475.65. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 0.2 %

Shares of NASDAQ:CPZ traded down 0.03 during mid-day trading on Thursday, reaching 15.53. The company had a trading volume of 80,700 shares, compared to its average volume of 58,281. The company’s 50-day moving average price is 15.17 and its 200-day moving average price is 14.80. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of 13.17 and a one year high of 16.11.

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

The business also recently declared a monthly dividend, which was paid on Friday, April 19th. Investors of record on Friday, April 12th were issued a $0.14 dividend. The ex-dividend date was Thursday, April 11th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.82%.

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

A number of hedge funds have recently modified their holdings of CPZ. UBS Group AG grew its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 18.2% in the 3rd quarter. UBS Group AG now owns 484,691 shares of the company’s stock valued at $7,169,000 after buying an additional 74,567 shares in the last quarter. Saba Capital Management L.P. grew its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 70.4% during the 3rd quarter. Saba Capital Management L.P. now owns 400,819 shares of the company’s stock valued at $5,928,000 after purchasing an additional 165,626 shares in the last quarter. Cornerstone Advisors LLC grew its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 31.9% during the 4th quarter. Cornerstone Advisors LLC now owns 225,640 shares of the company’s stock valued at $3,260,000 after purchasing an additional 54,623 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 173,544 shares of the company’s stock valued at $2,508,000 after purchasing an additional 12,678 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 3.6% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 143,440 shares of the company’s stock valued at $2,213,000 after purchasing an additional 5,033 shares in the last quarter.

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.