The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Globe Life Inc shares valued at $347,641 were sold by HENRIE MICHAEL SHANE on Mar 19 ’25. At $126.41 per share, HENRIE MICHAEL SHANE sold 2,750 shares. The insider’s holdings dropped to 3,040 shares worth approximately $0.4 million following the completion of this transaction.
Also, Hensley Robert Edward sold 1,610 shares, netting a total of over 200,952 in proceeds. Following the sale of shares at $124.81 each, the insider now holds 10,193 shares.
Before that, Robert E. Hensley had added 1,610 shares to its account. In a trade valued at $202,200, the Officer bought Globe Life Inc shares for $125.59 each.
As published in their initiating research note from BMO Capital Markets on January 23, 2025, Globe Life Inc [GL] has been a Market perform and the price target has been revised to $114. Analysts at Evercore ISI upgraded the stock from ‘”an In-line”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of October 09, 2024, TD Cowen has initiated its “Buy” rating for GL. Earlier on April 24, 2024, Keefe Bruyette upgraded its rating. Their new recommendation was “an Outperform” for GL stock which previously was a “a Mkt perform”.
Analyzing GL Stock Performance
During the last five days, there has been a surge of approximately 1.96%. Over the course of the year, Globe Life Inc shares have jumped approximately 19.34%. Shares of the company reached a 52-week high of $133.76 on 04/02/25 and a 52-week low of $110.43 on 01/07/25. A 50-day SMA is recorded $124.70, while a 200-day SMA reached $107.34.
Support And Resistance Levels for Globe Life Inc (GL)
According to the 24-hour chart, there is a support level at 131.35, which, if violated, would cause prices to drop to 129.60. In the upper region, resistance lies at 134.30. The next price resistance is at 135.50. RSI (Relative Strength Index) is 65.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.94, which suggests the price will increase in the coming days. Percent R is at 5.85%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
