CNO Financial Group chief actuary sells $487,321 in shares

CNO Financial Group's chief actuary, Jeremy D. Williams, sold 8,782 shares of the company's stock in September 2026, netting around $487,321. The shares were sold under a pre-approved trading plan, and the price per share varied between $55.2696 and $55.7192. This purchase came after CNO's stock traded near its 52-week high of $57.59, following a year-long increase of 46%. However, InvestingPro analysts suggest that CNO might be slightly overvalued based on their Fair Value assessment.

Prior to these sales, Williams had increased his stake in the company by purchasing 7,660 shares at prices between $21.06 and $23.33, totaling approximately $168,674. These options were exercised on the same dates as the sales. As of now, Williams owns 61,041 shares of CNO Financial Group common stock.

CNO Financial Group has been performing well recently, reporting operating earnings of $1.26 per share in the second quarter of 2026, beating analysts' expectations of $0.99 per share. Revenue also exceeded forecasts, reaching $1.28 billion, driven by strong sales across its insurance businesses. This positive performance led CNO to raise its full-year profit outlook.

Additionally, Texas Capital Securities recently initiated coverage on the company with a Buy rating and a price target of $70.00, citing the company's potential for a 13.0% return on equity by 2027, suggesting a target price-to-book value of 1.77x, compared to the current 1.36x. These developments signal optimism about CNO Financial Group's future prospects.