The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. CNO Financial Group Inc shares valued at $1,692,898 were sold by Zimpfer Matthew J. on Feb 19 ’25. At $41.49 per share, Zimpfer Matthew J. sold 40,800 shares. The insider’s holdings dropped to 244,943 shares worth approximately $10.11 million following the completion of this transaction.
Also, Zimpfer Matthew J. sold 40,800 shares, netting a total of over 1,636,284 in proceeds. Following the sale of shares at $40.10 each, the insider now holds 204,143 shares.
Before that, MATTHEW ZIMPFER had added 40,800 shares to its account. In a trade valued at $1,636,280, the Officer bought CNO Financial Group Inc shares for $40.10 each.
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 1.63%. Over the course of the year, CNO Financial Group Inc shares have jumped approximately 10.91%. Shares of the company reached a 52-week high of $42.02 on 02/14/25 and a 52-week low of $35.69 on 01/10/25. A 50-day SMA is recorded $38.89, while a 200-day SMA reached $34.41.
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 40.70. In the upper region, resistance lies at 41.63. The next price resistance is at 41.99. RSI (Relative Strength Index) is 60.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.13, which suggests the price will decrease in the coming days. Percent R is at 30.49%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
