Unum Group (UNM) Files Form 4 Insider Selling : A S Macmillan Sells 327 Shares

Unum Group (UNM): A S Macmillan , director of Unum Group sold 327 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $33.49 per share for a total value of $10,951.23 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 4, 2016, Thomas R Watjen (director) sold 40,000 shares at $34.16 per share price.On Nov 16, 2015, E Michael Caulfield (director) sold 13,890 shares at $36.14 per share price.Also, On Aug 6, 2015, A S Macmillan (director) sold 6,318 shares at $35.53 per share price.On May 29, 2015, Thomas Kinser (director) sold 1,735 shares at $34.86 per share price.

Unum Group: On Friday, May 6, 2016 heightened volatility was witnessed in Unum Group which led to swings in the share price. The shares opened for trading at $33.2 and hit $33.69 on the upside , eventually ending the session at $33.66, with a gain of 0.60% or 0.2 points. The heightened volatility saw the trading volume jump to 16,57,457 shares. The 52-week high of the share price is $38.15 and the company has a market cap of $8,003 M . The 52-week low of the share price is at $23.99.

Unum Group Money Flow Index Chart

Company has been under the radar of several Street Analysts.Unum Group is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 39 from a previous price target of $38 .The Rating was issued on Apr 28, 2016.Unum Group is Reiterated by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 41 from a previous price target of $35 .The Rating was issued on Apr 28, 2016.

Unum Group is a provider of disability insurance products in the United States and the United Kingdom. The Company’s business segments: Unum US Unum UK Colonial Life Closed Block and Corporate. Unum US includes group long-term and short-term disability insurance group life and accidental death and dismemberment products and supplemental and voluntary lines of business. Unum UK includes insurance for group long-term disability group life and lines of business which include individual disability and critical illness products. Colonial Life includes insurance for accident sickness and disability products life products and cancer and critical illness products to employees. The Company’s Closed Block segment consists of individual disability group and individual long-term care and other insurance products no longer actively marketed. Its Corporate segment includes investment income on corporate assets not specifically allocated to a line of business.

Leave a Reply

Unum Group - Is it time to Sell?

Top Brokerage Firms are advising their investors on Unum Group. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.