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A peek at Globe Life Inc (GL): Who has invested in It?

Globe Life Inc (NYSE: GL) is -31.70% lower on its value in year-to-date trading and has touched a low of $38.95 and a high of $132.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GL stock was last observed hovering at around $81.91 in the last trading session, with the day’s gains setting it 1.22%.

Currently trading at $83.13, the stock is 1.72% and 0.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.7 million and changing 1.49% at the moment leaves the stock -22.13% off its SMA200. GL registered -25.62% loss for a year compared to 6-month loss of -31.41%.

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The stock witnessed a 2.21% gain in the last 1 month and extending the period to 3 months gives it a -22.75%, and is 0.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.38% over the week and 2.33% over the month.

Globe Life Inc (GL) has around 3636 employees, a market worth around $7.67B and $5.54B in sales. Current P/E ratio is 7.94 and Fwd P/E is 6.45. Profit margin for the company is 18.07%. Distance from 52-week low is 113.43% and -37.02% from its 52-week high. The company has generated returns on investments over the last 12 months (15.01%).

The EPS is expected to grow by 10.36% this year

The shares outstanding are 93.79M, and float is at 90.13M with Short Float at 2.81%.

Globe Life Inc (GL) Insider Activity

The most recent transaction is an insider purchase by Hensley Robert Edward, the company’s EVP & Chief Investment Officer. SEC filings show that Hensley Robert Edward bought 2,500 shares of the company’s common stock on May 28 ’24 at a price of $82.17 per share for a total of $0.21 million. Following the purchase, the insider now owns 7290.0 shares.

Globe Life Inc disclosed in a document filed with the SEC on May 21 ’24 that SVOBODA FRANK M (Co-Chairman & CEO) bought a total of 2,500 shares of the company’s common stock. The trade occurred on May 21 ’24 and was made at $82.27 per share for $0.21 million. Following the transaction, the insider now directly holds 0.14 million shares of the GL stock.

Still, SEC filings show that on May 21 ’24, Darden James Matthew (Co-Chairman & CEO) acquired 1,000 shares at an average price of $82.78 for $82775.0. The insider now directly holds 38,973 shares of Globe Life Inc (GL).

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