Shares of CNO Financial Group (CNO) Rally 3.33%

CNO Financial Group (CNO) has been under a strong bear grip, hence the stock is down -7.18% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.8% in the past 1 week. The stock has risen by 3.33% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.12% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 1.66% and the 50-Day Moving Average is 3.62%.

CNO Financial Group (NYSE:CNO): The stock opened at $18.27 on Friday but the bulls could not build on the opening and the stock topped out at $18.27 for the day. The stock traded down to $17.98 during the day, due to lack of any buying support eventually closed down at $18.02 with a loss of -0.66% for the day. The stock had closed at $18.14 on the previous day. The total traded volume was 1,258,813 shares.


The company Insiders own 2.2% of CNO Financial Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.3% . During last six month period, the net percent change held by insiders has seen a change of -12.3%. In a related news, The Securities and Exchange Commission has divulged that Nickele Christopher J, Officer (Evp And Chief Actuary) of CNO Financial Group, Inc., had unloaded 24,996 shares at an average price of $19.25 in a transaction dated on June 23, 2016. The total value of the transaction was worth $481,173.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.