Insiders seem to have made the most of their holdings by selling US$311k worth of CNO Financial Group, Inc. (NYSE:CNO) stock at an average sell price of US$24.68 during the past year. The company's market worth decreased by US$113m over the past week after the stock price dropped 5.0%, although insiders were able to minimize their losses

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for CNO Financial Group

CNO Financial Group Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Independent Director, Frederick Sievert, sold US$311k worth of shares at a price of US$24.68 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$18.91). So it is hard to draw any strong conclusion from it. The only individual insider seller over the last year was Frederick Sievert.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does CNO Financial Group Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. CNO Financial Group insiders own about US$39m worth of shares. That equates to 1.8% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The CNO Financial Group Insider Transactions Indicate?

The fact that there have been no CNO Financial Group insider transactions recently certainly doesn't bother us. We don't take much encouragement from the transactions by CNO Financial Group insiders. But it's good to see that insiders own shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing CNO Financial Group. Every company has risks, and we've spotted 2 warning signs for CNO Financial Group you should know about.

Of course CNO Financial Group may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.