CNO Financial Group Inc’s recent filing unveils that its President, Worksite Division DeToro Karen unloaded Company’s shares for reported $75284.0 on Apr 09 ’24. In the deal valued at $27.10 per share,2,778 shares were sold. As a result of this transaction, DeToro Karen now holds 69,605 shares worth roughly $1.82 million.
Then, DeToro Karen sold 2,666 shares, generating $72,302 in total proceeds. Upon selling the shares at $27.12, the President, Worksite Division now owns 72,383 shares.
Before that, Bhojwani Gary C sold 20,200 shares. CNO Financial Group Inc shares valued at $551,743 were divested by the Chief Executive Officer at a price of $27.31 per share. As a result of the transaction, Bhojwani Gary C now holds 293,802 shares, worth roughly $7.69 million.
Piper Sandler upgraded its CNO Financial Group Inc [CNO] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in early January from “an In-line” to “an Underperform”. RBC Capital Mkts started covering the stock on September 13, 2022. It rated CNO as “an Outperform”.
Price Performance Review of CNO
On Friday, CNO Financial Group Inc [NYSE:CNO] saw its stock jump 1.95% to $26.19. Over the last five days, the stock has gained 3.03%. CNO Financial Group Inc shares have fallen nearly -6.13% since the year began. Nevertheless, the stocks have risen 16.92% over the past one year. While a 52-week high of $28.39 was reached on 02/07/24, a 52-week low of $19.95 was recorded on 04/11/24. SMA at 50 days reached $26.65, while 200 days put it at $25.47. A total of 0.83 million shares were traded, compared to the trading of 1.22 million shares in the previous session.
Levels Of Support And Resistance For CNO Stock
The 24-hour chart illustrates a support level at 25.88, which if violated will result in even more drops to 25.57. On the upside, there is a resistance level at 26.35. A further resistance level may holdings at 26.51. The Relative Strength Index (RSI) on the 14-day chart is 48.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.37%. Stochastics %K at 29.75% indicates the stock is a holding.
The most recent change occurred on January 26, 2022 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $25 price target.
