Unum Group (NYSE:UNM) has tumbled 2.91% during the past week and has dropped 4.88% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.74%. Unum Group (NYSE:UNM) has underperformed the index by 5.75% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Unum Group (NYSE:UNM): The stock opened at $33.78 on Friday but the bulls could not build on the opening and the stock topped out at $33.93 for the day. The stock traded down to $33.55 during the day, due to lack of any buying support eventually closed down at $33.73 with a loss of -0.06% for the day. The stock had closed at $33.75 on the previous day. The total traded volume was 1,866,452 shares.
The company shares have dropped -7.69% from its 1 Year high price. On Jul 24, 2015, the shares registered one year high at $38.15 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $34.90 and the 200 Day Moving Average price is recorded at $32.02.
On the companys insider trading activities,The officer (EVP, President & CEO, Colonial) of Unum Group, Arnold Timothy Gerald sold 1,600 shares at $36.99 on May 31, 2016. The Insider selling transaction had a total value worth of $59,184. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Currently the company Insiders own 0.62% of Unum Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.54% . Institutional Investors own 95.23% of Unum Group shares. During last six month period, the net percent change held by insiders has seen a change of -24.95%.
Unum Group is a provider of disability insurance products in the United States and the United Kingdom. The Companys 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 Companys 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.