Aflac (NYSE:AFL) Major Shareholder Sells 42,000 Shares of Company Stock

October 16, 2026 by InsiderTrades.com

Key Points

Japan Post Holdings sold 42,000 Aflac shares at an average price of $116.38, generating approximately $4.89 million. The Rule 10b5-1 transaction reduced its stake by 0.08%, leaving it with more than 50.3 million shares.
Aflac’s shares opened at $118.07, with a market capitalization of about $59.2 billion. The company reported $1.75 in quarterly EPS, narrowly missing estimates, while revenue of $4.22 billion exceeded expectations; it also maintains a quarterly dividend of $0.61.
Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $117.20. Institutional investors own approximately 67.44% of Aflac’s outstanding stock.

Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 42,000 shares of the firm's stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $116.38, for a total transaction of $4,887,960.00. Following the completion of the transaction, the insider directly owned 50,302,940 shares in the company, valued at $5,854,256,157.20. This trade represents a 0.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.

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

On Monday, October 12th, Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock. The stock was sold at an average price of $115.85, for a total transaction of $1,413,370.00.
On Friday, October 9th, Post Holdings Co. Ltd. Japan sold 12,000 shares of Aflac stock. The stock was sold at an average price of $114.72, for a total transaction of $1,376,640.00.
On Thursday, October 8th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The shares were sold at an average price of $114.45, for a total transaction of $1,487,850.00.
On Wednesday, October 7th, Post Holdings Co. Ltd. Japan sold 12,000 shares of Aflac stock. The shares were sold at an average price of $112.80, for a total transaction of $1,353,600.00.
On Tuesday, October 6th, Post Holdings Co. Ltd. Japan sold 13,050 shares of Aflac stock. The shares were sold at an average price of $113.49, for a total transaction of $1,481,044.50.
On Monday, October 5th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The shares were sold at an average price of $112.25, for a total transaction of $1,459,250.00.
On Friday, October 2nd, Post Holdings Co. Ltd. Japan sold 13,200 shares of Aflac stock. The stock was sold at an average price of $111.30, for a total transaction of $1,469,160.00.
On Thursday, October 1st, Post Holdings Co. Ltd. Japan sold 11,900 shares of Aflac stock. The stock was sold at an average price of $111.18, for a total transaction of $1,323,042.00.
On Tuesday, September 29th, Post Holdings Co. Ltd. Japan sold 12,100 shares of Aflac stock. The shares were sold at an average price of $113.36, for a total transaction of $1,371,656.00.
On Monday, September 28th, Post Holdings Co. Ltd. Japan sold 12,000 shares of Aflac stock. The shares were sold at an average price of $113.63, for a total value of $1,363,560.00.

Aflac Stock Performance

AFL stock opened at $118.07 on Friday. Aflac Incorporated has a twelve month low of $105.43 and a twelve month high of $130.22. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.29. The company has a market cap of $59.19 billion, a P/E ratio of 12.65, a price-to-earnings-growth ratio of 1.87 and a beta of 0.56. The business's fifty day moving average is $116.46 and its 200-day moving average is $117.18.

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Aflac (NYSE:AFL - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The financial services provider reported $1.75 EPS for the quarter, missing analysts' consensus estimates of $1.76 by ($0.01). Aflac had a return on equity of 13.27% and a net margin of 26.91%. The company had revenue of $4.22 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same period last year, the firm earned $1.78 earnings per share. The firm's revenue for the quarter was down 1.0% on a year-over-year basis. Equities research analysts forecast that Aflac Incorporated will post 7.04 EPS for the current year.

Aflac Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 19th were paid a $0.61 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.44 annualized dividend and a yield of 2.1%. Aflac's dividend payout ratio is presently 26.15%.

Institutional Trading of Aflac

MarketBeat Week in Review – 06/08 - 06/12

Several hedge funds have recently added to or reduced their stakes in AFL. NFSG Corp lifted its holdings in shares of Aflac by 43.0% during the 3rd quarter. NFSG Corp now owns 589 shares of the financial services provider's stock valued at $66,000 after purchasing an additional 177 shares in the last quarter. Turtle Creek Wealth Advisors LLC grew its position in shares of Aflac by 3.4% in the 3rd quarter. Turtle Creek Wealth Advisors LLC now owns 93,501 shares of the financial services provider's stock valued at $10,452,000 after purchasing an additional 3,050 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in shares of Aflac by 1.3% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 7,013 shares of the financial services provider's stock valued at $784,000 after purchasing an additional 91 shares during the period. ZWJ Investment Counsel Inc. increased its stake in Aflac by 28.8% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 19,156 shares of the financial services provider's stock worth $2,141,000 after purchasing an additional 4,287 shares in the last quarter. Finally, Fortitude Family Office LLC increased its stake in Aflac by 347.8% during the 3rd quarter. Fortitude Family Office LLC now owns 824 shares of the financial services provider's stock worth $92,000 after purchasing an additional 640 shares in the last quarter. Institutional investors and hedge funds own 67.44% of the company's stock.

Aflac News Roundup

Here are the key news stories impacting Aflac this week:

Positive Sentiment: JPMorgan raised its price target on Aflac to $119 from $116 while maintaining a “neutral” rating. The increase reflects somewhat improved valuation support, although the target implies only limited upside from recent trading levels. JPMorgan Aflac Price Target Update
Positive Sentiment: AM Best affirmed the credit ratings of Aflac and its subsidiaries, reinforcing confidence in the insurer’s financial strength and ability to meet policyholder obligations. This is supportive for a defensive insurer whose earnings depend partly on balance-sheet stability. AM Best Affirms Aflac Credit Ratings
Neutral Sentiment: Bank of America lowered its Aflac price target to $133 but retained a “buy” rating. The higher target remains well above recent trading levels, but the reduction indicates some reassessment of near-term valuation or sector conditions. Bank of America Cuts Aflac Price Target
Negative Sentiment: Japan Post Holdings continued selling Aflac shares, including transactions totaling 42,000 shares on October 13 and additional sales on October 9 and 12. Each sale represented only about 0.02%–0.08% of its large position and was conducted under a pre-arranged Rule 10b5-1 plan, limiting the immediate fundamental impact. However, the repeated disposals may weigh on sentiment and raise concerns about ongoing insider supply. Aflac Shareholder SEC Filing

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AFL. Evercore boosted their target price on Aflac from $109.00 to $115.00 and gave the stock an "underperform" rating in a research report on Monday, July 13th. Wall Street Zen downgraded shares of Aflac from a "hold" rating to a "sell" rating in a research report on Saturday, August 15th. Wells Fargo & Company cut their price target on shares of Aflac from $122.00 to $116.00 and set an "equal weight" rating on the stock in a research report on Monday. UBS Group reissued a "neutral" rating and set a $125.00 price objective (up from $124.00) on shares of Aflac in a research note on Tuesday, October 6th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Aflac from $125.00 to $120.00 and set a "market perform" rating on the stock in a research note on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $117.20.

Read Our Latest Analysis on AFL

Aflac Company Profile

(Get Free Report)

Aflac Incorporated (NYSE: AFL) is an insurance company that provides supplemental health and life insurance products to individuals, employers and groups. Its coverage is designed to help policyholders manage expenses that may not be fully covered by major medical insurance, including costs associated with illness, injury and other qualifying events.

The company's products include accident, cancer, critical illness, hospital indemnity, disability, dental, vision and life insurance. Aflac distributes its policies through workplace benefits programs, independent agents, brokers and other distribution channels.

Founded in 1955 as American Family Life Assurance Company of Columbus, Aflac has its headquarters in Columbus, Georgia.