Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells $1,877,597.00 in Stock

Posted by Max Byerly on Jun 8th, 2026

Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 16,300 shares of Aflac stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $115.19, for a total value of $1,877,597.00. Following the completion of the transaction, the insider directly owned 51,248,735 shares of the company’s stock, valued at approximately $5,903,341,784.65. This represents a 0.03% decrease in their position. The transaction was disclosed in a legal 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 more than 10% of a company’s shares 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, June 2nd, Post Holdings Co. Ltd. Japan sold 9,750 shares of Aflac stock. The stock was sold at an average price of $113.39, for a total value of $1,105,552.50.
On Monday, June 1st, Post Holdings Co. Ltd. Japan sold 9,060 shares of Aflac stock. The stock was sold at an average price of $112.53, for a total value of $1,019,521.80.
On Friday, May 29th, Post Holdings Co. Ltd. Japan sold 9,200 shares of Aflac stock. The stock was sold at an average price of $112.75, for a total value of $1,037,300.00.
On Thursday, May 28th, Post Holdings Co. Ltd. Japan sold 9,100 shares of Aflac stock. The stock was sold at an average price of $113.22, for a total value of $1,030,302.00.
On Wednesday, May 27th, Post Holdings Co. Ltd. Japan sold 11,400 shares of Aflac stock. The stock was sold at an average price of $115.50, for a total value of $1,316,700.00.
On Tuesday, May 26th, Post Holdings Co. Ltd. Japan sold 18,000 shares of Aflac stock. The stock was sold at an average price of $117.03, for a total value of $2,106,540.00.
On Friday, May 22nd, Post Holdings Co. Ltd. Japan sold 31,100 shares of Aflac stock. The stock was sold at an average price of $117.78, for a total value of $3,662,958.00.
On Thursday, May 21st, Post Holdings Co. Ltd. Japan sold 30,400 shares of Aflac stock. The stock was sold at an average price of $117.61, for a total value of $3,575,344.00.
On Wednesday, May 20th, Post Holdings Co. Ltd. Japan sold 31,600 shares of Aflac stock. The stock was sold at an average price of $117.66, for a total value of $3,718,056.00.
On Tuesday, May 19th, Post Holdings Co. Ltd. Japan sold 50,000 shares of Aflac stock. The stock was sold at an average price of $118.80, for a total value of $5,940,000.00.

Aflac Price Performance

AFL opened at $118.37 on Monday. The stock has a 50-day moving average price of $113.89 and a 200-day moving average price of $111.80. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.11 and a quick ratio of 0.11. The firm has a market cap of $60.25 billion, a PE ratio of 13.44, a P/E/G ratio of 2.07 and a beta of 0.61. Aflac Incorporated has a 1 year low of $96.95 and a 1 year high of $119.81.

Aflac (NYSE:AFL – Get Free Report) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.05). Aflac had a return on equity of 13.88% and a net margin of 25.60%.The business had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same period last year, the firm posted $1.66 EPS. Aflac’s quarterly revenue was up 27.9% compared to the same quarter last year. Sell-side analysts predict that Aflac Incorporated will post 7.08 earnings per share for the current fiscal year.

Aflac Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Wednesday, May 20th were given a $0.61 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.44 dividend on an annualized basis and a yield of 2.1%. Aflac’s payout ratio is 27.70%.

Analysts Set New Price Targets

AFL has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their target price on Aflac from $116.00 to $111.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 5th. Wall Street Zen raised Aflac from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Morgan Stanley boosted their target price on Aflac from $120.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Piper Sandler reissued an “overweight” rating and issued a $130.00 target price (up from $125.00) on shares of Aflac in a research report on Tuesday, May 26th. Finally, Keefe, Bruyette & Woods boosted their target price on Aflac from $113.00 to $115.00 and gave the stock a “market perform” rating in a research report on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Aflac presently has a consensus rating of “Hold” and an average price target of $112.27.

Get Our Latest Stock Analysis on AFL

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AFL. DNB Asset Management AS increased its holdings in shares of Aflac by 51.3% in the fourth quarter. DNB Asset Management AS now owns 168,003 shares of the financial services provider’s stock valued at $18,526,000 after purchasing an additional 56,975 shares during the period. BIP Wealth LLC increased its holdings in shares of Aflac by 348.3% in the fourth quarter. BIP Wealth LLC now owns 55,723 shares of the financial services provider’s stock valued at $6,145,000 after purchasing an additional 43,293 shares during the period. ProShare Advisors LLC increased its holdings in shares of Aflac by 10.4% in the third quarter. ProShare Advisors LLC now owns 1,731,482 shares of the financial services provider’s stock valued at $193,407,000 after purchasing an additional 163,791 shares during the period. Wedbush Securities Inc. increased its holdings in shares of Aflac by 126.1% in the third quarter. Wedbush Securities Inc. now owns 21,345 shares of the financial services provider’s stock valued at $2,384,000 after purchasing an additional 11,903 shares during the period. Finally, Employees Retirement System of Texas acquired a new position in shares of Aflac in the fourth quarter valued at about $3,743,000. 67.44% of the stock is currently owned by institutional investors.

Aflac Company Profile

(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.