CNO Financial Group, Inc.
No enriched coverage for $CNO in the last 7 days.
No SEC Form 4 filings for $CNO in the last 30 days.
CNO Financial Group's President of the Consumer Division, Scott L. Goldberg, exercised employee stock options for 22,120 shares at $21.06 per share. He subsequently sold these shares in open-market transactions at an average of $39.97 and $39.54 per share. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan, leaving him with 214,524 shares of CNO common stock.
CNO Financial Group (NYSE:CNO) has received a consensus "Hold" rating from analysts, with an average 12-month price target of $46.25. Insider selling has been observed, with significant share sales by the CEO and CMO in recent months. The company reported strong quarterly earnings, beating EPS estimates, alongside a 4.2% revenue increase year-over-year and declared a quarterly dividend of $0.17.
Principal Financial Group Inc. reduced its stake in CNO Financial Group Inc. by 16.7% during the third quarter, selling 275,962 shares and now owning 1,378,531 shares valued at $54,521,000. Despite this, other institutional investors have increased their positions in CNO Financial Group. Additionally, company insiders have sold a significant number of shares recently, while analyst ratings suggest a "Moderate Buy" consensus for the stock.
