Key Points
- Post Holdings Co. Ltd. Japan, a major Aflac shareholder, sold 21,500 shares on April 6 at an average price of $110.34 (≈$2.37M) under a pre-arranged Rule 10b5-1 plan, leaving it with 51,913,300 shares (a 0.04% ownership decrease valued at ≈$5.73B).
- The firm has carried out a string of disposals in March–April totaling 180,500 shares (roughly $19–20M at recent prices), indicating sustained selling activity by this large holder.
- Despite the insider sales, Aflac shares were trading near $113 (up ~2.2%), and the Street consensus is a Hold with an average price target of $112.
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 21,500 shares of the business's stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $110.34, for a total value of $2,372,310.00. Following the completion of the sale, the insider owned 51,913,300 shares in the company, valued at $5,728,113,522. This represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Post Holdings Co. Ltd. Japan also recently made the following trade(s):
- On Thursday, April 2nd, Post Holdings Co. Ltd. Japan sold 20,100 shares of Aflac stock. The shares were sold at an average price of $110.20, for a total value of $2,215,020.00.
- On Wednesday, April 1st, Post Holdings Co. Ltd. Japan sold 19,600 shares of Aflac stock. The shares were sold at an average price of $109.85, for a total value of $2,153,060.00.
- On Wednesday, March 25th, Post Holdings Co. Ltd. Japan sold 14,200 shares of Aflac stock. The shares were sold at an average price of $107.03, for a total value of $1,519,826.00.
- On Monday, March 23rd, Post Holdings Co. Ltd. Japan sold 15,000 shares of Aflac stock. The shares were sold at an average price of $106.78, for a total value of $1,601,700.00.
- On Friday, March 20th, Post Holdings Co. Ltd. Japan sold 16,800 shares of Aflac stock. The shares were sold at an average price of $106.47, for a total value of $1,788,696.00.
- On Thursday, March 19th, Post Holdings Co. Ltd. Japan sold 10,100 shares of Aflac stock. The shares were sold at an average price of $107.41, for a total value 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 value 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 value of $1,723,389.00.
- On Friday, March 13th, Post Holdings Co. Ltd. Japan sold 17,400 shares of Aflac stock. The shares were 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.
Aflac Trading Up 2.2%
Shares of AFL opened at $112.94 on Thursday. The business's 50-day moving average price is $111.39 and its 200-day moving average price is $110.47. Aflac Incorporated has a twelve month low of $96.95 and a twelve month high of $119.32. The stock has a market cap of $58.19 billion, a PE ratio of 16.42, a P/E/G ratio of 3.62 and a beta of 0.66. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.29.
Aflac (NYSE:AFL - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The financial services provider reported $1.57 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.12). Aflac had a net margin of 21.24% and a return on equity of 14.35%. The company had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.45 billion. During the same quarter in the prior year, the company earned $1.57 earnings per share. The company's quarterly revenue was down 9.6% on a year-over-year basis. On average, equities analysts forecast that Aflac Incorporated will post 6.88 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. True Wealth Design LLC grew its holdings in shares of Aflac by 188.5% during the third quarter. True Wealth Design LLC now owns 225 shares of the financial services provider's stock worth $25,000 after purchasing an additional 147 shares in the last quarter. Quarry LP bought a new position in Aflac during the fourth quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new position in Aflac during the fourth quarter valued at approximately $29,000. Navalign LLC bought a new position in Aflac during the fourth quarter valued at approximately $32,000. Finally, Darwin Wealth Management LLC bought a new position in Aflac during the second quarter valued at approximately $33,000. Hedge funds and other institutional investors own 67.44% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have recently commented on AFL. Keefe, Bruyette & Woods reissued a "hold" rating and set a $113.00 price objective on shares of Aflac in a report on Thursday, March 26th. Piper Sandler raised Aflac to a "strong-buy" rating in a report on Thursday, April 2nd. Weiss Ratings reissued a "buy (b+)" rating on shares of Aflac in a report on Monday, December 22nd. TD Cowen reissued a "hold" rating on shares of Aflac in a report on Monday, December 22nd. Finally, Morgan Stanley set a $120.00 price objective on Aflac in a report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $112.00.
Get Our Latest Research Report on AFL
Aflac Company Profile
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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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