National Western Life Group Inc (NWLI) Insider Russell S. Moody Sells 206 Shares of Stock

National Western Life Group Inc (NASDAQ:NWLI) insider Russell S. Moody sold 206 shares of the company’s stock in a transaction on Friday, June 15th. The stock was sold at an average price of $314.50, for a total value of $64,787.00. Following the sale, the insider now owns 2,850 shares of the company’s stock, valued at $896,325. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of National Western Life Group opened at $317.80 on Tuesday, according to MarketBeat. The firm has a market cap of $1.14 billion, a P/E ratio of 10.56 and a beta of 1.32. National Western Life Group Inc has a 1-year low of $276.00 and a 1-year high of $368.00.

National Western Life Group (NASDAQ:NWLI) last issued its quarterly earnings data on Wednesday, May 9th. The financial services provider reported $7.46 earnings per share for the quarter. The firm had revenue of $109.02 million during the quarter. National Western Life Group had a return on equity of 5.71% and a net margin of 14.56%.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Citigroup Inc. lifted its stake in shares of National Western Life Group by 20.9% during the 1st quarter. Citigroup Inc. now owns 1,006 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 174 shares during the last quarter. Prudential Financial Inc. increased its position in National Western Life Group by 1.0% during the 1st quarter. Prudential Financial Inc. now owns 19,529 shares of the financial services provider’s stock valued at $5,954,000 after buying an additional 200 shares in the last quarter. Wells Fargo & Company MN increased its position in National Western Life Group by 6.3% during the 1st quarter. Wells Fargo & Company MN now owns 3,609 shares of the financial services provider’s stock valued at $1,101,000 after buying an additional 214 shares in the last quarter. Aperio Group LLC increased its position in National Western Life Group by 5.0% during the 4th quarter. Aperio Group LLC now owns 6,587 shares of the financial services provider’s stock valued at $2,180,000 after buying an additional 315 shares in the last quarter. Finally, Glacier Peak Capital LLC increased its position in National Western Life Group by 11.9% during the 1st quarter. Glacier Peak Capital LLC now owns 3,317 shares of the financial services provider’s stock valued at $1,011,000 after buying an additional 354 shares in the last quarter. Hedge funds and other institutional investors own 79.60% of the company’s stock.

A number of brokerages recently weighed in on NWLI. BidaskClub upgraded National Western Life Group from a “sell” rating to a “hold” rating in a research note on Tuesday, May 22nd. ValuEngine cut National Western Life Group from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd.

About National Western Life Group

National Western Life Group, Inc, through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company. It operates through Domestic Life Insurance, International Life Insurance, and Annuities segments. The company provides life insurance products for the savings and protection needs of policyholders; and annuity contracts for the asset accumulation and retirement needs of contract holders.

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