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 $737,385 were sold by SVOBODA FRANK M on May 20 ’25. At $122.51 per share, SVOBODA FRANK M sold 6,019 shares. The insider’s holdings dropped to 31,298 shares worth approximately $3.76 million following the completion of this transaction.
Also, Frank M. Svoboda purchased 15,000 shares, netting a total of over 1,831,500 in proceeds.
Before that, Zorn Rebecca E had sold 10,000 shares from its account. In a trade valued at $1,210,857, the EVP & Chief Talent Officer traded Globe Life Inc shares for $121.09 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $1.64 million.
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 0.77%. Over the course of the year, Globe Life Inc shares have jumped approximately 7.78%. A 50-day SMA is recorded $123.35, while a 200-day SMA reached $113.32.
Support And Resistance Levels for Globe Life Inc (GL)
RSI (Relative Strength Index) is 46.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.45, which suggests the price will decrease in the coming days. Percent R is at 55.45%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
