CNO Financial Group Inc’s recently made public that its Chief Executive Officer Bhojwani Gary C unloaded Company’s shares for reported $1.61 million on Apr 01 ’25. In the deal valued at $41.35 per share,38,912 shares were sold. As a result of this transaction, Bhojwani Gary C now holds 217,666 shares worth roughly $8.01 million.
Then, Bhojwani Gary C sold 15,000 shares, generating $602,476 in total proceeds. Upon selling the shares at $40.17, the Chief Executive Officer now owns 202,666 shares.
Before that, GARY BHOJWANI bought 15,000 shares. CNO Financial Group Inc shares valued at $602,476 were divested by the Officer at a price of $40.17 per share.
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 Friday, CNO Financial Group Inc [NYSE:CNO] saw its stock fall -6.98% to $36.80. Over the last five days, the stock has lost -11.28%. CNO Financial Group Inc shares have fallen nearly -1.10% since the year began. Nevertheless, the stocks have risen 36.65% over the past one year. While a 52-week high of $43.20 was reached on 03/26/25, a 52-week low of $24.92 was recorded on 01/10/25. SMA at 50 days reached $40.55, while 200 days put it at $36.06.
Levels Of Support And Resistance For CNO Stock
The 24-hour chart illustrates a support level at 35.78, which if violated will result in even more drops to 34.76. On the upside, there is a resistance level at 37.95. A further resistance level may holdings at 39.09. The Relative Strength Index (RSI) on the 14-day chart is 30.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.79%. Stochastics %K at 31.68% 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 2025-03-14, growing by 66368.0 shares to a total of 2.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.28 million shares. There was a rise of 2.83%, which implies that there is a positive 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.
