New insider activity at Globe Life ( (GL) ) has taken place on March 21, 2025.
Senior Vice President and Chief Accounting Officer Michael Shane Henrie recently sold 2,750 shares of Globe Life stock, amounting to a total transaction value of $347,627.
Recent Updates on GL stock
Recent developments for Globe Life Inc. (GL) include several price target increases by major financial institutions, reflecting a more favorable operating environment for life insurers. Morgan Stanley raised its price target due to the improved capital position, product offerings, and earnings power of life insurers compared to the pre-2008 financial crisis era. Additionally, Globe Life has been facing significant business risks from short selling strategies, which have historically driven down its stock price and led to securities litigation. Despite these challenges, the average stock price target for GL suggests a potential upside, indicating a positive outlook from analysts.
More about Globe Life
YTD Price Performance: 14.49%
Average Trading Volume: 606,446
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.65B
Questions or Comments about the article? Write to editor@tipranks.com