Large Inflow of Money Witnessed in Unum Group

Unum Group (NYSE:UNM) : Wednesdays money flow data in Unum Group (NYSE:UNM) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $3.53 million, whereas, $2.13 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.65, in favor of the bulls. The total money flow into the stock was $1.39 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $1.63 million. The total value of block trades done on upticks was $1.63 million. Unum Group (NYSE:UNM) fell $0.09 and traded at $30.6, down -0.28% for the day, over previous days close. On a weekly basis, the shares are -4.57% over the previous weeks close.


In an insider trading activity, The officer (EVP, President & CEO, Colonial), of Unum Group, Arnold Timothy Gerald had unloaded 1,600 shares at $36.99 per share in a transaction on May 31, 2016. The total value of transaction was $59,184. The Insider information was revealed by 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 94.89% of Unum Group shares. During last six month period, the net percent change held by insiders has seen a change of -24.95%.

The company shares have dropped -14.99% 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 $34.78 and the 200 Day Moving Average price is recorded at $31.78. Unum Group (NYSE:UNM): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.75 and $30.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.16, notching a gain of 1.56% for the day. The total traded volume was 3,394,984 . The stock had closed at $30.68 on the previous day.

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.

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