Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells 14,200 Shares of Stock

Aflac Incorporated (NYSE:AFLGet Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 14,200 shares of the company’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $107.03, for a total transaction of $1,519,826.00. Following the transaction, the insider owned 52,018,600 shares of the company’s stock, valued at approximately $5,567,550,758. The trade was a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Post Holdings Co. Ltd. Japan also recently made the following trade(s):

  • On Monday, March 23rd, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The stock was sold at an average price of $106.78, for a total transaction of $1,601,700.00.
  • On Friday, March 20th, Post Holdings Co. Ltd. Japan sold 16,800 shares of Aflac stock. The stock was sold at an average price of $106.47, for a total transaction of $1,788,696.00.
  • On Thursday, March 19th, Post Holdings Co. Ltd. Japan sold 10,100 shares of Aflac stock. The stock was sold at an average price of $107.41, for a total transaction of $1,084,841.00.
  • On Wednesday, March 18th, Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock. The shares were sold at an average price of $108.43, for a total transaction of $1,322,846.00.
  • On Tuesday, March 17th, Post Holdings Co. Ltd. Japan sold 15,700 shares of Aflac stock. The shares were sold at an average price of $109.77, for a total transaction of $1,723,389.00.
  • On Friday, March 13th, Post Holdings Co. Ltd. Japan sold 17,400 shares of Aflac stock. The stock was sold at an average price of $109.14, for a total value of $1,899,036.00.
  • On Thursday, March 12th, Post Holdings Co. Ltd. Japan sold 17,900 shares of Aflac stock. The shares were sold at an average price of $109.60, for a total value of $1,961,840.00.
  • On Wednesday, March 11th, Post Holdings Co. Ltd. Japan sold 18,100 shares of Aflac stock. The shares were sold at an average price of $109.53, for a total value of $1,982,493.00.
  • On Tuesday, March 10th, Post Holdings Co. Ltd. Japan sold 19,000 shares of Aflac stock. The stock was sold at an average price of $110.47, for a total value of $2,098,930.00.
  • On Monday, March 9th, Post Holdings Co. Ltd. Japan sold 17,300 shares of Aflac stock. The stock was sold at an average price of $109.62, for a total value of $1,896,426.00.

Aflac Price Performance

Shares of NYSE:AFL opened at $106.50 on Friday. The firm has a market capitalization of $54.87 billion, a PE ratio of 15.48, a PEG ratio of 3.55 and a beta of 0.66. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.29. Aflac Incorporated has a 1-year low of $96.95 and a 1-year high of $119.32. The business’s 50 day moving average is $111.13 and its 200-day moving average is $110.33.

Aflac (NYSE:AFLGet Free Report) last issued its earnings results on Wednesday, February 4th. The financial services provider reported $1.57 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.12). The firm had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.45 billion. Aflac had a net margin of 21.24% and a return on equity of 14.35%. The business’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.57 earnings per share. Sell-side analysts predict that Aflac Incorporated will post 6.88 earnings per share for the current year.

Key Stories Impacting Aflac

Here are the key news stories impacting Aflac this week:

Institutional Investors Weigh In On Aflac

A number of hedge funds have recently made changes to their positions in AFL. True Wealth Design LLC raised its stake in shares of Aflac by 188.5% in the third quarter. True Wealth Design LLC now owns 225 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 147 shares during the last quarter. Quarry LP bought a new stake in Aflac during the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC bought a new stake in Aflac during the 4th quarter worth approximately $29,000. Navalign LLC acquired a new stake in Aflac during the 4th quarter valued at $32,000. Finally, Darwin Wealth Management LLC acquired a new stake in Aflac during the 2nd quarter valued at $33,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on AFL shares. JPMorgan Chase & Co. raised their price objective on shares of Aflac from $101.00 to $105.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Morgan Stanley set a $120.00 target price on shares of Aflac in a research note on Monday, December 15th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $113.00 price target on shares of Aflac in a research report on Thursday. Mizuho set a $107.00 price target on shares of Aflac in a research note on Monday, February 9th. Finally, TD Cowen reaffirmed a “hold” rating on shares of Aflac in a report on Monday, December 22nd. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $112.00.

View Our Latest Analysis on AFL

About Aflac

(Get Free Report)

Aflac Incorporated (American Family Life Assurance Company of Columbus) is a provider of supplemental insurance products designed to help policyholders manage out-of-pocket health care and living expenses. The company underwrites a range of individual and group policies that typically pay cash benefits directly to insureds when covered events occur, enabling greater financial flexibility for medical treatment, hospital stays, critical illness, and related costs. Aflac’s product mix includes supplemental health insurance, life insurance and other specialty coverages intended to complement primary medical plans.

Founded in the mid-20th century and headquartered in Columbus, Georgia, Aflac distributes its products through a combination of employer-sponsored programs, independent brokers and agents, and direct marketing.

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Insider Buying and Selling by Quarter for Aflac (NYSE:AFL)

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