CNO Financial Group Inc’s recent filing unveils that its Officer YVONNE K FRANZESE acquired Company’s shares for reported $0.34 million on Mar 24 ’25. In the deal valued at $42.00 per share,8,109 shares were bought.
Then, Bhojwani Gary C sold 32,204 shares, generating $1,320,928 in total proceeds. Upon selling the shares at $41.02, the Chief Executive Officer now owns 332,737 shares.
Before that, Bhojwani Gary C sold 27,918 shares. CNO Financial Group Inc shares valued at $1,144,110 were divested by the Chief Executive Officer at a price of $40.98 per share. As a result of the transaction, Bhojwani Gary C now holds 304,819 shares, worth roughly $12.87 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 2.98% to $42.21. Over the last five days, the stock has gained 2.03%. CNO Financial Group Inc shares have risen nearly 13.44% since the year began. Nevertheless, the stocks have risen 55.87% over the past one year. While a 52-week high of $42.41 was reached on 03/03/25, a 52-week low of $24.92 was recorded on 01/10/25. SMA at 50 days reached $39.99, while 200 days put it at $35.43.
Levels Of Support And Resistance For CNO Stock
The 24-hour chart illustrates a support level at 41.72, which if violated will result in even more drops to 41.22. On the upside, there is a resistance level at 42.51. A further resistance level may holdings at 42.80. The Relative Strength Index (RSI) on the 14-day chart is 61.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.24, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.43%. Stochastics %K at 83.01% indicates the stock is a selling.
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 2025-02-28, dropping by -0.4 million shares to a total of 1.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.24 million shares. There was a decline of -22.03%, 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.
