EVP & COO of Unum Group (UNM) Kevin P Mccarthy sells 17,500 shares of UNM on 02/06/2013 at an average price of $24 a share.

Unum Group has a market cap of $6.62 billion; its shares were traded at around $24.02 with a P/E ratio of 28.3 and P/S ratio of 0.6. The dividend yield of Unum Group stocks is 2.1%.


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 02/06/2013 at the average price of 24. Kevin P Mccarthy owns at least 190,931 shares after this. The price of the stock has increased by 0.08% since.
• 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 11.72% 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 13.04% 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 14.38% 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 17.98% 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool