BidaskClub Upgrades National Western Life Group (NWLI) to “Sell”
BidaskClub upgraded shares of National Western Life Group (NASDAQ:NWLI) from a strong sell rating to a sell rating in a research report released on Wednesday.
National Western Life Group (NASDAQ NWLI) traded up $7.02 during trading hours on Wednesday, hitting $320.58. 7,296 shares of the stock were exchanged, compared to its average volume of 7,350. The company has a market cap of $1,165.63, a P/E ratio of 11.24 and a beta of 1.40. National Western Life Group has a one year low of $276.00 and a one year high of $368.00.
In other news, CEO Ross R. Moody sold 608 shares of the firm’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $312.48, for a total transaction of $189,987.84. Following the completion of the transaction, the chief executive officer now directly owns 5,518 shares of the company’s stock, valued at approximately $1,724,264.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is currently owned by company insiders.
About National Western Life Group
National Western Life Insurance Company (National Western) is a stock life insurance company. The Company operates in two segments: Domestic Insurance Operations and International Insurance Operations. The products marketed under domestic insurance operations are annuities, universal life insurance and traditional life insurance, which include both term and whole life products.
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