Unum Group’s recent filing unveils that its EVP, VB & President, Colonial Arnold Timothy Gerald unloaded Company’s shares for reported $0.77 million on Nov 27 ’24. In the deal valued at $76.92 per share,10,000 shares were sold. As a result of this transaction, Arnold Timothy Gerald now holds 54,827 shares worth roughly $3.94 million.
Then, Arnold Timothy Gerald bought 10,000 shares, generating $769,199 in total proceeds.
Before that, McKenney Richard P sold 58,865 shares. Unum Group shares valued at $4,438,106 were divested by the President and CEO at a price of $75.39 per share. As a result of the transaction, McKenney Richard P now holds 1,007,003 shares, worth roughly $72.38 million.
JP Morgan downgraded its Unum Group [UNM] rating to a Neutral from a an Overweight in a research note published on January 07, 2025; the price target was increased to $79 from $74. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid November from “an In-line” to “an Outperform”. Barclays began covering UNM with “an Overweight” recommendation on September 05, 2024. Piper Sandler started covering the stock on July 11, 2024. It rated UNM as “an Overweight”.
Price Performance Review of UNM
On Monday, Unum Group [NYSE:UNM] saw its stock jump 0.11% to $71.88. Over the last five days, the stock has lost -1.67%. Unum Group shares have fallen nearly -1.57% since the year began. Nevertheless, the stocks have risen 59.10% over the past one year. While a 52-week high of $77.63 was reached on 01/06/25, a 52-week low of $44.83 was recorded on 01/10/25. SMA at 50 days reached $72.37, while 200 days put it at $58.82.
Levels Of Support And Resistance For UNM Stock
The 24-hour chart illustrates a support level at 71.24, which if violated will result in even more drops to 70.59. On the upside, there is a resistance level at 72.83. A further resistance level may holdings at 73.77. The Relative Strength Index (RSI) on the 14-day chart is 43.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.90%. Stochastics %K at 50.16% indicates the stock is a holding.
How much short interest is there in Unum Group?
A steep rise in short interest was recorded in Unum Group stocks on 2024-12-13, growing by 0.11 million shares to a total of 2.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.46 million shares. There was a rise of 4.32%, which implies that there is a positive sentiment for the stock.
