Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells $1,323,042.00 in Stock

Posted by Michael Walen on Oct 8th, 2026

Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 11,900 shares of the business’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $111.18, for a total transaction of $1,323,042.00. Following the completion of the sale, the insider directly owned 50,433,390 shares of the company’s stock, valued at $5,607,184,300.20. This represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own at least 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, 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 value 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 value of $1,469,160.00.
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 value 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.
On Thursday, September 24th, Post Holdings Co. Ltd. Japan sold 12,100 shares of Aflac stock. The shares were sold at an average price of $114.64, for a total value of $1,387,144.00.
On Wednesday, September 23rd, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The stock was sold at an average price of $115.20, for a total value of $1,555,200.00.
On Monday, September 21st, Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock. The stock was sold at an average price of $115.49, for a total value of $1,408,978.00.
On Friday, September 18th, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The shares were sold at an average price of $116.22, for a total value of $1,487,616.00.
On Thursday, September 17th, Post Holdings Co. Ltd. Japan sold 12,900 shares of Aflac stock. The shares were sold at an average price of $116.58, for a total value of $1,503,882.00.
On Wednesday, September 16th, Post Holdings Co. Ltd. Japan sold 13,800 shares of Aflac stock. The stock was sold at an average price of $117.49, for a total transaction of $1,621,362.00.

Aflac Stock Down 0.9%

Shares of NYSE AFL opened at $112.59 on Thursday. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.29. Aflac Incorporated has a 52 week low of $105.43 and a 52 week high of $130.22. The firm’s fifty day moving average is $117.68 and its 200 day moving average is $116.78. The company has a market cap of $56.45 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 1.83 and a beta of 0.56.

Aflac (NYSE:AFL – Get Free Report) last posted its quarterly earnings results 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). The firm had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $4.11 billion. Aflac had a net margin of 26.91% and a return on equity of 13.27%. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.78 earnings per share. On average, equities research analysts expect that Aflac Incorporated will post 7.04 earnings per share for the current year.

Aflac Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 19th were paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, August 19th. Aflac’s dividend payout ratio is 26.15%.

Hedge Funds Weigh In On Aflac

Institutional investors have recently added to or reduced their stakes in the company. Venture Visionary Partners LLC purchased a new position in Aflac during the third quarter valued at $218,000. Kwmg LLC grew its position in shares of Aflac by 1.8% in the 3rd quarter. Kwmg LLC now owns 77,839 shares of the financial services provider’s stock worth $8,701,000 after buying an additional 1,340 shares during the period. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of Aflac in the 3rd quarter worth about $205,000. CX Institutional increased its stake in shares of Aflac by 7.6% in the 3rd quarter. CX Institutional now owns 4,772 shares of the financial services provider’s stock worth $533,000 after acquiring an additional 335 shares in the last quarter. Finally, Stonebridge Financial Group LLC increased its stake in shares of Aflac by 1.7% in the 3rd quarter. Stonebridge Financial Group LLC now owns 59,400 shares of the financial services provider’s stock worth $6,640,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors own 67.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AFL shares. Mizuho reduced their price target on Aflac from $116.00 to $107.00 and set an “underperform” rating on the stock in a report on Wednesday. UBS Group reiterated a “neutral” rating and issued a $125.00 price objective (up from $124.00) on shares of Aflac in a report on Tuesday. TD Cowen reiterated a “hold” rating and issued a $110.00 price objective (up from $101.00) on shares of Aflac in a research report on Wednesday, July 22nd. Wolfe Research began coverage on Aflac in a research note on Wednesday, August 19th. They set an “underperform” rating and a $103.00 target price on the stock. Finally, Weiss Ratings upgraded Aflac from a “buy (b)” rating to a “buy (a-)” rating in a report on Tuesday, September 22nd. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Aflac presently has an average rating of “Hold” and a consensus price target of $116.15.

View Our Latest Research Report on Aflac

Aflac News Summary

Here are the key news stories impacting Aflac this week:

Positive Sentiment: bswift launched AI-powered carrier configuration tools starting with Aflac. The technology is intended to simplify workplace-benefit plan setup and improve access to Aflac’s voluntary insurance products. The initiative could support distribution efficiency and long-term growth, although no immediate financial impact was provided. bswift launches AI-powered carrier configuration tools
Positive Sentiment: UBS raised its Aflac price target to $125 from $124 while maintaining a Neutral rating. The modest increase suggests somewhat better valuation expectations, though UBS still does not recommend an outright bullish position. UBS raises target for Aflac
Neutral Sentiment: Analyst opinions remain divided. Barclays raised its target to $101 from $99 but retained an Underweight rating, while the broader consensus remains around Hold. This limits the positive effect of UBS’s target increase. Barclays adjusts Aflac price target
Negative Sentiment: Mizuho cut its price target to $107 from $116 and downgraded Aflac to Underperform. The new target implies downside from recent trading levels and is the clearest near-term catalyst for weakness, particularly as Aflac’s latest quarterly earnings slightly missed consensus and revenue declined year over year.
Negative Sentiment: Japan Post Holdings continued selling small portions of its large Aflac stake. Recent Rule 10b5-1 sales totaled roughly 13,200 shares on October 2 and 11,900 shares on October 1, with additional sales in prior weeks. The transactions reduce its position only marginally, so the fundamental impact is limited, but the repeated selling creates a modest supply overhang. Japan Post Holdings sells Aflac shares

About Aflac

(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.