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CSQ CALAMOS STRATEGIC TOTAL RETURN FUND Insider Trading

1 filing analyzed · Latest 2025-01-31
Insider buys
1
Insider sells
0
Unique insiders
1
Direction
Net buying

Historically, medium-priority insider buys have outperformed the S&P 500 by a median ~1% over the 30 days after filing — the edge is concentrated in that first month (n ≈ 7,520, 2022-2026). Past results don't predict the future. How we measure this ↗

January 2025
2025-01-31
medium
VP and CFO
23,190 shares
$424,668
@ $18.31
Significance 4/10

CFO Herman Thomas E buys 23,190 shares of CSQ in 2 transactions for $424,667.97 at $18.31 avg, establishing initial position

Herman Thomas E, VP and CFO, executed 2 separate purchases totaling 23,190 shares for $424,667.97 on January 29–30, 2025, at a blended average price of $18.31, establishing his first recorded holding in CSQ. The timing aligns with the stock's recent positive momentum: the 30-day change is +3.1% and the 90-day change is +5.7%, placing the current price of $18.26 at -1.3% from the 52-week high of $18.50. Across his cross-ticker track record of 4 prior open-market buys, the insider has posted a 100.00% win rate over 90 days, with an average 90-day return of +0.3%, though this cross-ticker average return is modest and reflects mixed near-term outcomes (30-day average return -1.2%). The purchase occurs near the stock's recent highs, and the establishment of this new position by a C-suite executive merits observation but does not yet constitute a material pattern given the single-insider, single-ticker scope and the modest absolute significance relative to the fund's capitalization.

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