National Western Life Group, Inc. (NASDAQ:NWLI) CEO Ross R. Moody sold 212 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $321.99, for a total value of $68,261.88. Following the completion of the transaction, the chief executive officer now directly owns 5,000 shares in the company, valued at $1,609,950. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of National Western Life Group, Inc. (NASDAQ NWLI) traded down $5.00 during midday trading on Wednesday, hitting $314.00. The stock had a trading volume of 1,696 shares, compared to its average volume of 6,860. National Western Life Group, Inc. has a 1-year low of $276.00 and a 1-year high of $368.00. The company has a market cap of $1,170.76, a P/E ratio of 10.22 and a beta of 1.40.
Several hedge funds and other institutional investors have recently modified their holdings of the company. MetLife Investment Advisors LLC bought a new stake in shares of National Western Life Group in the 4th quarter valued at approximately $349,000. Metropolitan Life Insurance Co. NY bought a new stake in shares of National Western Life Group in the 4th quarter valued at approximately $240,000. Glacier Peak Capital LLC bought a new stake in shares of National Western Life Group in the 4th quarter valued at approximately $1,034,000. Millennium Management LLC bought a new stake in shares of National Western Life Group in the 4th quarter valued at approximately $1,029,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of National Western Life Group in the 4th quarter valued at approximately $617,000. Institutional investors and hedge funds own 80.32% of the company’s stock.
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National Western Life Group Company Profile
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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