Cno Financial Group, Inc. (CNO): Christopher J Nickele , EVP and Chief Actuary of Cno Financial Group, Inc. sold 24,996 shares on Jun 23, 2016. The Insider selling transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were sold at $19.25 per share for a total value of $481,173.00 , 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 27, 2016, John R Kline (SVP & Chief Acctg Officer) sold 25,000 shares at $20.15 per share price.On May 23, 2016, Bruce K. Baude (EVP, Chief Ops & Tech Officer) sold 62,890 shares at $19.33 per share price.Also, On May 12, 2016, Matthew J. Zimpfer (EVP and General Counsel) sold 43,500 shares at $19.28 per share price.On May 10, 2016, Edward J Bonach (CEO) sold 35,000 shares at $18.85 per share price.
Shares of CNO Financial Group Inc (CNO) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -1.66 points or -8.62% at $17.6 with 23,72,880 shares getting traded. Post opening the session at $17.88, the shares hit an intraday low of $17.57 and an intraday high of $18.28 and the price vacillated in this range throughout the day. The company has a market cap of $3,152 M and the number of outstanding shares has been calculated to be 17,90,98,450 shares. The 52-week high of CNO Financial Group Inc is $20.88 and the 52-week low is $14.66.
Company has been under the radar of several Street Analysts.CNO Financial Group Inc is Reiterated by Deutsche Bank to Hold and the brokerage firm has raised the Price Target to $ 20 from a previous price target of $19 .The Rating was issued on May 2, 2016.
CNO Financial Group Inc. is a holding company for a group of insurance companies operating throughout the United States that develop market and administer health insurance annuity individual life insurance and other insurance products. The Company manages its business through three operating segments: Bankers Life Washington National and Colonial Penn. Bankers Life markets and distributes Medicare supplement insurance interest-sensitive life insurance traditional life insurance fixed annuities and long-term care insurance products. Washington National markets and distributes supplemental health including specified disease accident and hospital indemnity insurance products and life insurance. Colonial Penn markets primarily graded benefit and simplified issue life insurance.