EVP & COO of Unum Group (UNM) Kevin P Mccarthy sells 17,500 shares of UNM on 01/03/2013 at an average price of $21.5 a share.

Unum Group has a market cap of $6.02 billion; its shares were traded at around $21.77 with a P/E ratio of 6.7 and P/S ratio of 0.6. The dividend yield of Unum Group stocks is 2.5%. Unum Group had an annual average earning growth of 19.4% over the past 5 years.


This is the insider trade history vs. stock price of UNM. For the complete insider trading history of UNM, click here.

Directors and Officers Recent Trades:

• EVP & COO Kevin P Mccarthy sold 17,500 shares of UNM stock on 01/03/2013 at the average price of 21.5. Kevin P Mccarthy owns at least 208,431 shares after this. The price of the stock has increased by 1.26% since.
• Director Ronald E Goldsberry sold 4,983 shares of UNM stock on 12/19/2012 at the average price of 21.25. Ronald E Goldsberry owns at least 27,863 shares after this. The price of the stock has increased by 2.45% since.
• Director Ronald E Goldsberry sold 4,983 shares of UNM stock on 11/06/2012 at the average price of 21. Ronald E Goldsberry owns at least 32,696 shares after this. The price of the stock has increased by 3.67% since.
• EVP & COO Kevin P Mccarthy sold 40,000 shares of UNM stock on 11/02/2012 at the average price of 20.36. Kevin P Mccarthy owns at least 224,177 shares after this. The price of the stock has increased by 6.93% since.
• Director A S Macmillan sold 4,549 shares of UNM stock on 08/23/2012 at the average price of 19.36. A S Macmillan owns at least 16,739 shares after this. The price of the stock has increased by 12.45% since.

For the complete insider trading history of UNM, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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