On November 7, 2024, Rice Walter Lynn JR, Senior Vice President and Chief Accounting Officer of Unum Group (UNM, Financial), sold 1,500 shares of the company. Following this transaction, the insider now owns 8,361 shares of Unum Group. The sale was documented in a recent SEC Filing.
Unum Group is a leading provider of financial protection benefits in the United States and the United Kingdom. The company offers disability, life, accident, critical illness, dental, and vision insurance, which help protect millions of working people and their families in the event of illness or injury.
Over the past year, Rice Walter Lynn JR has sold a total of 1,500 shares and has not purchased any shares. The insider transaction history for Unum Group shows no insider buys in the past year, with 13 insider sells recorded over the same timeframe.
On the day of the sale, shares of Unum Group were trading at $69.56, giving the company a market cap of approximately $12.68 billion. The price-earnings ratio of Unum Group stands at 7.51, which is lower than both the industry median of 11.38 and the company's historical median.
According to the GF Value, the intrinsic value of Unum Group's stock is estimated at $49.65. With the current price of $69.56, the stock is considered Significantly Overvalued, with a price-to-GF-Value ratio of 1.4.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider may be of interest to current and potential investors, providing insight into how insiders are interacting with their holdings in the company amidst its current market valuation.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
