In a filing, CNO Financial Group Inc revealed its Chief Marketing Officer TARASI ROCCO F III unloaded Company’s shares for reported $0.17 million on Dec 18 ’24. In the deal valued at $37.51 per share,4,500 shares were sold. As a result of this transaction, TARASI ROCCO F III now holds 72,896 shares worth roughly $3.0 million.
Then, TARASI ROCCO F III sold 2,500 shares, generating $94,325 in total proceeds. Upon selling the shares at $37.73, the Chief Marketing Officer now owns 77,396 shares.
Before that, TARASI ROCCO F III sold 1,484 shares. CNO Financial Group Inc shares valued at $56,422 were divested by the Chief Marketing Officer at a price of $38.02 per share. As a result of the transaction, TARASI ROCCO F III now holds 79,896 shares, worth roughly $3.29 million.
BMO Capital Markets initiated its CNO Financial Group Inc [CNO] rating to a Market perform in a research note published on January 23, 2025; the price target was $38. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in mid April from “a Neutral” to “an Overweight”. Evercore ISI also remained covering CNO and has decreased its forecast on January 04, 2024 with a “an Underperform” recommendation from previously “an In-line” rating.
Price Performance Review of CNO
On Monday, CNO Financial Group Inc [NYSE:CNO] saw its stock jump 0.19% to $41.16. Over the last five days, the stock has gained 4.47%. CNO Financial Group Inc shares have risen nearly 10.62% since the year began. Nevertheless, the stocks have risen 49.89% over the past one year. While a 52-week high of $41.54 was reached on 02/07/25, a 52-week low of $24.92 was recorded on 01/10/25. SMA at 50 days reached $38.47, while 200 days put it at $33.58.
Levels Of Support And Resistance For CNO Stock
The 24-hour chart illustrates a support level at 40.76, which if violated will result in even more drops to 40.37. On the upside, there is a resistance level at 41.51. A further resistance level may holdings at 41.87. The Relative Strength Index (RSI) on the 14-day chart is 70.62, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.33%. Stochastics %K at 79.75% indicates the stock is a holding.
How much short interest is there in CNO Financial Group Inc?
A steep rise in short interest was recorded in CNO Financial Group Inc stocks on 2025-01-15, dropping by -0.14 million shares to a total of 1.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.1 million shares. There was a decline of -6.87%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 13, 2022 when RBC Capital Mkts began covering the stock and recommended ‘”an Outperform”‘ rating along with a $25 price target.
