New insider activity at Unum Group ( (UNM) ) has taken place on March 5, 2025.
In recent transactions involving Unum Group stock, Executive VP and Secretary Lisa Iglesias sold 11,255 shares valued at $929,393. Director Susan Devore parted with 10,000 shares, amounting to $808,709. Meanwhile, Director Richard Mckenney executed a significant sale of 94,950 shares, totaling $7,798,221.
Recent Updates on UNM stock
In the last 24 hours, Unum Group has seen several price target increases from financial institutions, largely driven by its strategic moves and financial strength. BMO Capital raised its price target due to Unum’s excess capital following a transaction with Fortitude Re, which positions the company favorably for potential risk transfer opportunities. Keefe Bruyette increased their target based on the high-quality employee benefits business of Unum. Morgan Stanley cited a better operating environment for life insurers and Unum’s improved capital position as reasons for their target raise. BofA’s adjustment was influenced by Unum’s $3.4 billion reinsurance deal with Fortitude Re, which is seen as a positive step in de-risking the business. Overall, these developments reflect confidence in Unum’s strategic initiatives and its strong financial position.
More about Unum Group
YTD Price Performance: 13.32%
Average Trading Volume: 1,250,219
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $14.55B