Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells 12,000 Shares of Stock

Posted by Micah Haroldson on Oct 14th, 2026

Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 12,000 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $114.72, for a total value of $1,376,640.00. Following the completion of the transaction, the insider owned 50,357,140 shares in the company, valued at approximately $5,776,971,100.80. This represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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 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 value of $1,487,850.00.
On Wednesday, October 7th, Post Holdings Co. Ltd. Japan sold 12,000 shares of Aflac stock. The stock was 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 value 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 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 transaction of $1,469,160.00.
On Thursday, October 1st, Post Holdings Co. Ltd. Japan sold 11,900 shares of Aflac stock. The shares were sold at an average price of $111.18, for a total value 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 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 transaction of $1,363,560.00.
On Thursday, September 24th, Post Holdings Co. Ltd. Japan sold 12,100 shares of Aflac stock. The stock was sold at an average price of $114.64, for a total value of $1,387,144.00.

Aflac Price Performance

Shares of NYSE:AFL traded up $0.69 on Wednesday, hitting $117.13. The company’s stock had a trading volume of 219,289 shares, compared to its average volume of 2,277,577. Aflac Incorporated has a 1 year low of $105.43 and a 1 year high of $130.22. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.12 and a quick ratio of 0.12. The company has a market capitalization of $58.72 billion, a PE ratio of 12.55, a PEG ratio of 1.87 and a beta of 0.56. The company has a 50-day simple moving average of $116.77 and a 200 day simple moving average of $117.03.

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

Aflac Dividend Announcement

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

Wall Street Analyst Weigh In

AFL has been the topic of several recent analyst reports. Weiss Ratings raised Aflac from a “buy (b)” rating to a “buy (a-)” rating in a research note on Tuesday, September 22nd. UBS Group reissued a “neutral” rating and issued a $125.00 target price (up from $124.00) on shares of Aflac in a research report on Tuesday, October 6th. TD Cowen restated a “hold” rating and set a $110.00 price target (up from $101.00) on shares of Aflac in a research report on Wednesday, July 22nd. Wolfe Research initiated coverage on shares of Aflac in a research note on Wednesday, August 19th. They set an “underperform” rating and a $103.00 price objective on the stock. Finally, Bank of America reduced their price target on Aflac from $137.00 to $133.00 and set a “buy” rating for the company in a report on Monday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $117.00.

Check Out Our Latest Stock Analysis on AFL

More Aflac News

Here are the key news stories impacting Aflac this week:

Positive Sentiment: Bank of America maintained its “buy” rating while lowering its price target from $137 to $133. The revised target still implies meaningful upside from recent levels and provides a constructive signal for Aflac (AFL). Bank of America Aflac Price Target
Positive Sentiment: Aflac’s annual WorkForces Report found that employee financial vulnerability and concerns about unexpected health costs remain widespread. Those trends could support long-term demand for Aflac’s supplemental insurance products, while increased use of artificial intelligence to research benefits may improve consumer engagement. Aflac WorkForces Report
Neutral Sentiment: KBW reaffirmed its “hold” rating. The broader analyst view remains mixed, with a consensus rating near “hold” and an average price target close to Aflac’s recent trading level. KBW Aflac Hold Rating
Negative Sentiment: Wells Fargo reduced its price target from $122 to $116 and kept an “equal weight” rating, suggesting limited near-term upside and weighing on sentiment. Wells Fargo Aflac Price Target
Negative Sentiment: Japan Post Holdings, a major Aflac shareholder, sold 13,000 shares for approximately $1.5 million. However, the transaction represented only 0.03% of its holdings and was executed under a pre-arranged Rule 10b5-1 plan, making the signal relatively minor. Japan Post Aflac Share Sale

Institutional Trading of Aflac

Several institutional investors and hedge funds have recently modified their holdings of the company. Compound Planning Inc. boosted its position in shares of Aflac by 0.7% in the first quarter. Compound Planning Inc. now owns 13,743 shares of the financial services provider’s stock worth $1,508,000 after purchasing an additional 91 shares during the period. Studio Investment Management LLC increased its stake in Aflac by 1.3% in the 2nd quarter. Studio Investment Management LLC now owns 7,650 shares of the financial services provider’s stock worth $897,000 after buying an additional 96 shares in the last quarter. Lewis Asset Management LLC lifted its position in shares of Aflac by 2.8% in the first quarter. Lewis Asset Management LLC now owns 3,935 shares of the financial services provider’s stock valued at $432,000 after acquiring an additional 107 shares in the last quarter. Apella Capital LLC grew its position in shares of Aflac by 2.7% during the second quarter. Apella Capital LLC now owns 4,154 shares of the financial services provider’s stock worth $505,000 after purchasing an additional 110 shares in the last quarter. Finally, Secure Asset Management LLC boosted its stake in Aflac by 1.7% in the 2nd quarter. Secure Asset Management LLC now owns 6,697 shares of the financial services provider’s stock worth $785,000 after purchasing an additional 111 shares during the period. 67.44% of the stock is currently owned by institutional investors.

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.