Horace Mann director Reece sells $70,018 of HMN stock

Raleigh, N.C. – Director of Horace Mann Educators Corp., Henry Wade Reece, divested 1,359 shares of the company's stock on August 12, 2026, according to a recent SEC filing. The total value of the transaction was $70,018, with the shares sold at prices between $51.49 and $51.55, averaging $51.522 per share. Despite a 25% increase in stock value over the past six months, TradingAnalysis.ai indicates the shares are overvalued relative to their Fair Value.

Horace Mann maintains a P/E ratio of 12.28 and a market capitalization of $2.1 billion. The company has raised its dividend for 16 consecutive years. Following the sale, Reece now holds 41,795 shares, comprising 8,870 deferred cash restricted stock units and 32,925 vested share-based restricted stock units. Horace Mann Educators reported strong Q2 2026 earnings, exceeding estimates with core earnings of $1.17 per share.

Revenue also surpassed projections at $443.5 million. The company expects to maintain earnings between $4.60 and $4.90 per share for the year. Following impressive performance in property and casualty and life segments, Horace Mann increased its full-year core earnings outlook and highlighted growth in individual supplemental and group benefits.