Monitoring Globe Life Inc (GL) after recent insider movements

In a filing, Globe Life Inc revealed its Co-Chairman & CEO SVOBODA FRANK M unloaded Company’s shares for reported $0.74 million on May 20 ’25. In the deal valued at $122.51 per share,6,019 shares were sold. As a result of this transaction, SVOBODA FRANK M now holds 31,298 shares worth roughly $3.81 million.

Then, Frank M. Svoboda bought 15,000 shares, generating $1,831,500 in total proceeds.

Before that, Zorn Rebecca E sold 10,000 shares. Globe Life Inc shares valued at $1,210,857 were divested by the EVP & Chief Talent Officer at a price of $121.09 per share. As a result of the transaction, Zorn Rebecca E now holds 13,649 shares, worth roughly $1.66 million.

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 0.74% to $121.87. Over the last five days, the stock has gained 1.93%. Globe Life Inc shares have risen nearly 9.28% since the year began. Nevertheless, the stocks have risen 45.15% over the past one year. While a 52-week high of $133.76 was reached on 04/02/25, a 52-week low of $76.55 was recorded on 04/07/25. SMA at 50 days reached $122.79, while 200 days put it at $114.23.

Levels Of Support And Resistance For GL Stock

The 24-hour chart illustrates a support level at 120.97, which if violated will result in even more drops to 120.06. On the upside, there is a resistance level at 122.50. A further resistance level may holdings at 123.13. The Relative Strength Index (RSI) on the 14-day chart is 51.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.50%. Stochastics %K at 50.81% indicates the stock is a holding.

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