Globe Life Inc’s filing revealed that its SVP & Chief Accounting Officer HENRIE MICHAEL SHANE unloaded Company’s shares for reported $0.35 million on Mar 19 ’25. In the deal valued at $126.41 per share,2,750 shares were sold. As a result of this transaction, HENRIE MICHAEL SHANE now holds 3,040 shares worth roughly $0.36 million.
Then, Hensley Robert Edward sold 1,610 shares, generating $200,952 in total proceeds. Upon selling the shares at $124.81, the EVP & Chief Investment Officer now owns 10,193 shares.
Before that, Robert E. Hensley bought 1,610 shares. Globe Life Inc shares valued at $202,200 were divested by the Officer at a price of $125.59 per share.
BMO Capital Markets initiated its Globe Life Inc [GL] rating to a Market perform in a research note published on January 23, 2025; the price target was $114. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in early January from “an In-line” to “an Outperform”. TD Cowen began covering GL with “Buy” recommendation on October 09, 2024. Keefe Bruyette revised its rating on April 24, 2024. It rated GL as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of GL
On Friday, Globe Life Inc [NYSE:GL] saw its stock jump 0.76% to $119.50. Over the last five days, the stock has gained 1.95%. Globe Life Inc shares have risen nearly 7.16% since the year began. Nevertheless, the stocks have risen 13.89% over the past one year. While a 52-week high of $133.76 was reached on 04/02/25, a 52-week low of $38.95 was recorded on 04/07/25. SMA at 50 days reached $124.46, while 200 days put it at $108.65.
Levels Of Support And Resistance For GL Stock
The 24-hour chart illustrates a support level at 116.83, which if violated will result in even more drops to 114.16. On the upside, there is a resistance level at 121.21. A further resistance level may holdings at 122.91. The Relative Strength Index (RSI) on the 14-day chart is 43.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.49%. Stochastics %K at 44.56% indicates the stock is a holding.
How much short interest is there in Globe Life Inc?
A steep rise in short interest was recorded in Globe Life Inc stocks on 2025-03-31, dropping by -0.43 million shares to a total of 1.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.65 million shares. There was a decline of -35.02%, which implies that there is a negative sentiment for the stock.
