The SVP & CAO of Globe Life is Exercising Options

Yesterday it was reported that the SVP & CAO of Globe Life (GLResearch Report), Michael Shane Henrie, exercised options to sell 3,250 GL shares at $77.26 a share, for a total transaction value of $357.5K.

In addition to Michael Shane Henrie, 7 other GL executives reported Sell trades in the last month.

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Based on Globe Life’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.14 billion and quarterly net profit of $187 million. In comparison, last year the company earned revenue of $1.06 billion and had a net profit of $165 million. The company has a one-year high of $111.43 and a one-year low of $80.14. Currently, Globe Life has an average volume of 414.67K.

Four different firms, including Barclays and Goldman Sachs, currently also have a Sell rating on the stock.

The insider sentiment on Globe Life has been negative according to 102 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Globe Life, Inc. is a holding company, which engages in the provision of individual life and supplemental health insurance products and services. It operates through the following segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments.