Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CNO Financial Group Inc shares valued at $168,794 were sold by TARASI ROCCO F III on Dec 18 ’24. At $37.51 per share, TARASI ROCCO F III sold 4,500 shares. The insider’s holdings dropped to 72,896 shares worth approximately $3.03 million following the completion of this transaction.
Also, TARASI ROCCO F III sold 2,500 shares, netting a total of over 94,325 in proceeds. Following the sale of shares at $37.73 each, the insider now holds 77,396 shares.
Before that, TARASI ROCCO F III had sold 1,484 shares from its account. In a trade valued at $56,422, the Chief Marketing Officer traded CNO Financial Group Inc shares for $38.02 each. Upon closing the transaction, the insider’s holdings decreased to 1,484 shares, worth approximately $3.32 million.
As published in their initiating research note from BMO Capital Markets on January 23, 2025, CNO Financial Group Inc [CNO] has been a Market perform and the price target has been revised to $38. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid April. As of January 04, 2024, Evercore ISI has decreased its “an In-line” rating to a “an Underperform” for CNO.
Analyzing CNO Stock Performance
During the last five days, there has been a surge of approximately 3.70%. Over the course of the year, CNO Financial Group Inc shares have jumped approximately 11.53%. Shares of the company reached a 52-week high of $41.60 on 02/13/25 and a 52-week low of $35.69 on 01/10/25. A 50-day SMA is recorded $38.52, while a 200-day SMA reached $33.80. Nevertheless, trading volume fell to 0.71 million shares from 0.56 million shares the previous day.
Support And Resistance Levels for CNO Financial Group Inc (CNO)
According to the 24-hour chart, there is a support level at 40.99, which, if violated, would cause prices to drop to 40.47. In the upper region, resistance lies at 41.81. The next price resistance is at 42.11. RSI (Relative Strength Index) is 68.86 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.79, which suggests the price will decrease in the coming days. Percent R is at 3.76%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
