Key Points
- Globe Life CMO Jennifer Allison Haworth sold 10,000 shares on Feb. 12 at an average price of $143.14 for a total of $1,431,400, cutting her stake by 36.39% to 17,479 shares; the sale was disclosed in an SEC Form 4 filing.
- Globe Life missed Q results with $3.39 EPS vs. $3.44 expected and $1.52B revenue vs. $1.53B expected, and set FY2026 guidance of 14.95–15.65 EPS compared with analysts' average estimate of 13.87.
- Analysts hold a consensus rating of "Moderate Buy" with a $171 average target; the stock trades at a P/E of 10.26, market cap of $11.5B, and a 52‑week range of $109.38–$152.71.
Globe Life Inc. (NYSE:GL - Get Free Report) CMO Jennifer Allison Haworth sold 10,000 shares of the business's stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $143.14, for a total transaction of $1,431,400.00. Following the transaction, the chief marketing officer owned 17,479 shares in the company, valued at approximately $2,501,944.06. This trade represents a 36.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Globe Life Trading Up 0.2%
NYSE:GL opened at $144.46 on Friday. Globe Life Inc. has a 52 week low of $109.38 and a 52 week high of $152.71. The firm has a 50-day moving average price of $140.57 and a two-hundred day moving average price of $138.44. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.07 and a current ratio of 0.07. The firm has a market cap of $11.50 billion, a price-to-earnings ratio of 10.26 and a beta of 0.47.
Globe Life (NYSE:GL - Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $3.39 earnings per share for the quarter, missing analysts' consensus estimates of $3.44 by ($0.05). The business had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.53 billion. Globe Life had a return on equity of 21.75% and a net margin of 19.37%.Globe Life's quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.14 EPS. Globe Life has set its FY 2026 guidance at 14.950-15.650 EPS. On average, equities analysts expect that Globe Life Inc. will post 13.87 earnings per share for the current fiscal year.
Analyst Ratings Changes
GL has been the topic of a number of recent analyst reports. Morgan Stanley reiterated an "overweight" rating and set a $176.00 target price on shares of Globe Life in a research note on Monday, December 15th. Evercore downgraded shares of Globe Life from an "outperform" rating to an "in-line" rating and set a $155.00 price objective for the company. in a report on Tuesday, January 6th. Piper Sandler reaffirmed an "overweight" rating and issued a $167.00 price objective on shares of Globe Life in a research report on Friday, November 21st. Keefe, Bruyette & Woods increased their target price on shares of Globe Life from $160.00 to $162.00 and gave the company an "outperform" rating in a research report on Tuesday, October 28th. Finally, Wells Fargo & Company lowered their price target on shares of Globe Life from $172.00 to $170.00 and set an "overweight" rating on the stock in a report on Friday, October 24th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $171.00.
View Our Latest Stock Report on Globe Life
Hedge Funds Weigh In On Globe Life
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mather Group LLC. purchased a new stake in shares of Globe Life during the 3rd quarter valued at approximately $28,000. CYBER HORNET ETFs LLC bought a new stake in Globe Life during the 2nd quarter valued at $28,000. Assetmark Inc. raised its holdings in Globe Life by 777.8% during the 2nd quarter. Assetmark Inc. now owns 237 shares of the company's stock valued at $29,000 after acquiring an additional 210 shares during the period. Hilton Head Capital Partners LLC purchased a new stake in shares of Globe Life during the fourth quarter worth $30,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Globe Life in the second quarter valued at $31,000. Institutional investors own 81.61% of the company's stock.
About Globe Life
(
Get Free Report)
Globe Life, traded on the NYSE under the symbol GL, is a U.S.-based insurance holding company that underwrites and distributes a range of life and supplemental health insurance products. Through its subsidiary brands—Globe Life, American Income Life, Liberty National Life, United American Insurance Company and Family Heritage Life—it offers term life, whole life, fixed annuities and supplemental health coverage designed to meet the needs of individuals and families across various socioeconomic segments.
The company's product suite includes low-cost, easy-to-understand life insurance policies, accidental death and dismemberment coverage, hospital indemnity plans and specified disease insurance.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
