tiprankstipranks
Insider Trading

Top Executive Sells Globe Life Stock in a Major Move

Top Executive Sells Globe Life Stock in a Major Move

New insider activity at Globe Life ( (GL) ) has taken place on March 6, 2025.

EVP & CIO Robert Edward Hensley recently sold 1,610 shares of Globe Life stock, amounting to a total transaction value of $200,944.

Recent Updates on GL stock

In the last 24 hours, Globe Life has seen several analysts raise their price targets for its stock, driven by various factors. Morgan Stanley increased its target, citing a better operating environment for life insurers, improved capital positions, and stronger earnings power compared to pre-2008 levels. Wells Fargo also raised its target following Q4 earnings reports, favoring more defensive names in the life insurance sector. Keefe Bruyette and Truist raised their targets as well, with Truist highlighting Globe Life’s Q4 earnings beat and 2025 guidance raise, although they believe the stock is fairly valued. Additionally, Globe Life faces business risks from short selling, which has impacted its stock value and led to legal challenges.

More about Globe Life

YTD Price Performance: 11.57%

Average Trading Volume: 680,502

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $10.41B

Questions or Comments about the article? Write to editor@tipranks.com