On September 19, 2024, John Koudounis, Vice President of Calamos L/S Equity & Dynamic Inc Trust (CPZ, Financial), executed a significant transaction by selling 24,739 shares of the company. According to the SEC Filing, this sale was conducted at a stock price of $15.41, totaling approximately $381,213. The insider now owns 0 shares of the company.
Calamos L/S Equity & Dynamic Inc Trust (CPZ, Financial) is a financial entity that focuses on long/short equity and dynamic income strategies, aiming to provide investors with a balanced approach to income and capital appreciation.
Over the past year, the insider transaction history for Calamos L/S Equity & Dynamic Inc Trust (CPZ, Financial) reveals a pattern of more insider buying than selling. There have been 5 insider buys and only 2 insider sells, including the recent transaction by the insider.
The shares of Calamos L/S Equity & Dynamic Inc Trust (CPZ, Financial) were trading at $15.41 on the day of the transaction. This pricing places the company's market cap at approximately $304.3 million. The price-earnings ratio of the stock stands at 8.43, which is below the industry median of 12.09, indicating a potentially undervalued status in comparison to its peers.
The insider's recent sale follows a year where John Koudounis has sold a total of 30,139 shares and made no purchases. This could be indicative of the insider's view on the stock's valuation or personal financial planning needs.
For more detailed valuation metrics such as price-sales ratio, price-book ratio, and price-to-free cash flow, investors and analysts can refer to the comprehensive data provided on the GuruFocus website.
This insider sale might be of interest to current and potential investors trying to understand market sentiments and the financial health of Calamos L/S Equity & Dynamic Inc Trust (CPZ, Financial).
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
