The EVP, General Counsel and CRO of Torchmark is Exercising Options


Today it was reported that the EVP, General Counsel and CRO of Torchmark (TMK), Robert Brian Mitchell, exercised options to sell 12,000 TMK shares at $53.61 a share, for a total transaction value of $979.9K.

In addition to Robert Brian Mitchell, 5 other TMK executives reported Sell trades in the last month.

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Based on Torchmark’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.06 billion and quarterly net profit of $165 million. In comparison, last year the company earned revenue of $1.06 billion and had a net profit of $1.03 billion. TMK’s market cap is $9.09B and the company has a P/E ratio of 13.50. Currently, Torchmark has an average volume of 408.6K.

The insider sentiment on Torchmark has been negative according to 76 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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Torchmark Corp. 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.

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