CNO Financial Group Inc (NYSE:CNO), saw a high level insider alter his holdings with the company through a transaction officially filed today, August 22nd. Director Kieth Roger Long disposed of 15,000 shares of common stock at an average price of $17.7195 per share. Also, following the completion of this transaction, Long now holds 95,694 shares directly, while having 360,668 shares indirectly invested in the company. A $3.76 billion market cap company, CNO Financial Group Inc (NYSE:CNO), is a holding company for a group of insurance companies operating throughout the United States, which develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company sells its products through three distribution channels: career agents, independent producers (some of whom sell one or more of its product lines exclusively) and direct marketing.
In addition, the largest hedge fund involvement is from Joe Huber‘s Huber Capital Management, which holds about 14.5 million shares worth approximately $258.9 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.