Fiserv earnings missed by $0.61, revenue fell short of estimates
Globe Life (NYSE:GL), a $10.9 billion market cap insurance company trading near its 52-week high of $147.83, saw its Executive Vice President, General Counsel, and CRO Robert Brian Mitchell sell 91,000 shares of common stock for approximately $12.2 million. The sales occurred on October 24, 2025, with prices ranging from $133.8686 to $134.5964 per share.
On the same day, Mitchell also exercised options to acquire 91,000 shares of Globe Life common stock. These transactions involved the exercise of stock options at prices of $100.74, $98.32 and $103.23, totaling $9,112,730. According to InvestingPro analysis, Globe Life shows strong financial health with a "GOOD" overall score, trading at an attractive P/E ratio of 9.7x.
Following these transactions, Mitchell directly owns 8,074 shares of Globe Life stock. He also indirectly owns 41,133.3294 shares through the Mitchell Family Trust, 1,580.7839 shares through his Son’s Trust, and 12,274.832 shares in a 401(k) plan. The company has demonstrated strong shareholder focus, maintaining dividend payments for 55 consecutive years while actively pursuing share buybacks.
In other recent news, Globe Life Inc. reported its third-quarter earnings for 2025, showcasing a notable performance in earnings per share (EPS) but falling slightly short on revenue expectations. The company achieved an EPS of $4.73, exceeding the analyst forecast of $4.60. However, Globe Life’s revenue was $1.51 billion, just under the anticipated $1.52 billion. These results highlight the company’s ability to surpass earnings expectations, despite a minor shortfall in revenue projections. Such developments are crucial for investors as they provide insight into the company’s financial health and operational efficiency. The earnings announcement is a significant event, drawing attention from investors and analysts alike. These recent developments reflect the ongoing dynamics within Globe Life Inc.
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