Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells 13,500 Shares

Posted by Sarita Garza on Sep 4th, 2026

Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $117.19, for a total transaction of $1,582,065.00. Following the completion of the transaction, the insider directly owned 50,687,690 shares in the company, valued at approximately $5,940,090,391.10. This trade represents a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 Tuesday, September 1st, Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock. The shares were sold at an average price of $115.77, for a total transaction of $1,481,856.00.
On Monday, August 31st, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The stock was sold at an average price of $116.00, for a total transaction of $1,473,200.00.
On Friday, August 28th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The stock was sold at an average price of $116.52, for a total transaction of $1,514,760.00.
On Thursday, August 27th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The stock was sold at an average price of $116.67, for a total transaction of $1,481,709.00.
On Wednesday, August 26th, Post Holdings Co. Ltd. Japan sold 13,200 shares of Aflac stock. The shares were sold at an average price of $117.35, for a total transaction of $1,549,020.00.
On Tuesday, August 25th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The stock was sold at an average price of $116.49, for a total value of $1,479,423.00.
On Monday, August 24th, Post Holdings Co. Ltd. Japan sold 13,500 shares of Aflac stock. The shares were sold at an average price of $118.02, for a total value of $1,593,270.00.
On Friday, August 21st, Post Holdings Co. Ltd. Japan sold 12,900 shares of Aflac stock. The stock was sold at an average price of $116.28, for a total value of $1,500,012.00.
On Thursday, August 20th, Post Holdings Co. Ltd. Japan sold 13,100 shares of Aflac stock. The stock was sold at an average price of $116.60, for a total value of $1,527,460.00.
On Wednesday, August 19th, Post Holdings Co. Ltd. Japan sold 12,700 shares of Aflac stock. The shares were sold at an average price of $117.05, for a total value of $1,486,535.00.

Aflac Stock Down 0.5%

Shares of NYSE AFL traded down $0.63 during mid-day trading on Friday, reaching $117.73. The company had a trading volume of 250,549 shares, compared to its average volume of 2,327,860. The stock has a fifty day moving average of $121.55 and a two-hundred day moving average of $116.27. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.12 and a current ratio of 0.12. The company has a market capitalization of $59.02 billion, a price-to-earnings ratio of 12.61, a PEG ratio of 1.89 and a beta of 0.59. Aflac Incorporated has a 12-month low of $104.66 and a 12-month high of $130.22.

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 net margin of 26.91% and a return on equity of 13.27%. The company had revenue of $4.22 billion for the quarter, compared to analysts’ expectations of $4.11 billion. During the same period in the previous year, the firm posted $1.78 earnings per share. The business’s revenue for the quarter was down 1.0% on a year-over-year basis. As a group, equities research analysts expect that Aflac Incorporated will post 7.04 EPS for the current year.

Aflac Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AFL. UBS Group restated a “neutral” rating and set a $124.00 price target (up from $114.00) on shares of Aflac in a report on Wednesday, July 8th. Jefferies Financial Group reissued a “hold” rating and set a $108.00 target price (up from $100.00) on shares of Aflac in a research report on Friday, July 10th. Mizuho set a $116.00 target price on Aflac in a report on Monday, August 10th. Keefe, Bruyette & Woods upped their price target on Aflac from $120.00 to $125.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 11th. Finally, Barclays reissued an “underweight” rating and set a $99.00 price objective (up from $98.00) on shares of Aflac in a report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $116.62.

View Our Latest Report on AFL

Key Aflac News

Here are the key news stories impacting Aflac this week:

Positive Sentiment: Aflac’s partnership with actor Ben Affleck and the Aflac Duck is generating substantial media attention through a creative billboard and graffiti-themed campaign. Although the financial impact is difficult to quantify, the campaign could strengthen consumer awareness and support the company’s marketing efforts. Ben Affleck Aflac Advertising Campaign
Positive Sentiment: Aflac remains attractive to income-oriented investors, with a quarterly dividend of $0.61 per share, a roughly 2.1% annualized yield and a payout ratio near 26%. The company has also been highlighted among dividend stocks with more than 25 years of consecutive increases, reinforcing its defensive appeal. High-Yield Dividend Stocks Article
Neutral Sentiment: Aflac’s CFO is scheduled to present at the 2026 KBW Insurance Conference. The event could provide updates on insurance demand, operating trends and capital allocation, but the announcement contained no new guidance or financial details. Aflac KBW Insurance Conference Presentation
Negative Sentiment: Japan Post Holdings, Aflac’s major shareholder, sold 12,800 shares for approximately $1.48 million on September 1, following a series of similarly sized sales in August. The latest transaction reduced its stake by only 0.03% and occurred under a pre-arranged Rule 10b5-1 plan, limiting its significance, but the continuing selling pattern may create a modest supply overhang. Japan Post Holdings Aflac Stock Sale

Institutional Investors Weigh In On Aflac

Several large investors have recently made changes to their positions in the company. Whipplewood Advisors LLC acquired a new stake in shares of Aflac during the 1st quarter worth about $25,000. Groupe la Francaise bought a new stake in Aflac during the first quarter worth about $25,000. Quarry LP bought a new stake in Aflac during the fourth quarter worth about $25,000. Archer Investment Corp acquired a new stake in shares of Aflac during the second quarter worth approximately $26,000. Finally, Edmond DE Rothschild Holding S.A. bought a new position in shares of Aflac in the second quarter valued at approximately $27,000. Institutional investors own 67.44% of the company’s stock.

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.