Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. 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 drop of approximately -1.75%. Over the course of the year, Globe Life Inc shares have jumped approximately 7.65%. Shares of the company reached a 52-week high of $133.76 on 04/02/25 and a 52-week low of $109.38 on 04/07/25.
Support And Resistance Levels for Globe Life Inc (GL)
According to the 24-hour chart, there is a support level at 118.98, which, if violated, would cause prices to drop to 117.91. In the upper region, resistance lies at 122.08. The next price resistance is at 124.10. RSI (Relative Strength Index) is 46.64 on the 14-day chart, showing neutral technical sentiment.
