CNO Financial Group Inc’s filing revealed 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 $1.89 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 $7.96 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 fall -0.22% to $27.11. Over the last five days, the stock has gained 2.69%. CNO Financial Group Inc shares have fallen nearly -2.83% since the year began. Nevertheless, the stocks have risen 26.33% 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 $26.60, while 200 days put it at $25.60. A total of 0.58 million shares were traded, compared to the trading of 0.77 million shares in the previous session.
Levels Of Support And Resistance For CNO Stock
The 24-hour chart illustrates a support level at 26.81, which if violated will result in even more drops to 26.52. On the upside, there is a resistance level at 27.46. A further resistance level may holdings at 27.82. The Relative Strength Index (RSI) on the 14-day chart is 56.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.77%. Stochastics %K at 83.55% indicates the stock is a selling.
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.
