Unum Group (UNM) has been under a strong bear grip, hence the stock is down -7.97% 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 2.32% in the past 1 week. The stock has risen by 3.85% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.94% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 0.6% and the 50-Day Moving Average is 4.52%.
Unum Group (NYSE:UNM): The stock opened at $32.47 on Friday but the bulls could not build on the opening and the stock topped out at $32.80 for the day. The stock traded down to $32.20 during the day, due to lack of any buying support eventually closed down at $32.40 with a loss of -1.07% for the day. The stock had closed at $32.75 on the previous day. The total traded volume was 2,178,994 shares.
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 94.85% of Unum Group shares. During last six month period, the net percent change held by insiders has seen a change of -24.95%. In a related news, Arnold Timothy Gerald, officer (EVP, President & CEO, Colonial) of Unum Group, unloaded 1,600 shares at an average price of $36.99 on May 31, 2016. The total amount of the transaction was worth $59,184, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.