Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells 50,000 Shares of Stock

Posted by Max Byerly on May 21st, 2026

Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 50,000 shares of Aflac stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $118.80, for a total transaction of $5,940,000.00. Following the sale, the insider owned 51,424,645 shares in the company, valued at approximately $6,109,247,826. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own 10% or more 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 Monday, May 18th, Post Holdings Co. Ltd. Japan sold 41,700 shares of Aflac stock. The stock was sold at an average price of $118.45, for a total value of $4,939,365.00.
On Friday, May 15th, Post Holdings Co. Ltd. Japan sold 23,500 shares of Aflac stock. The stock was sold at an average price of $116.85, for a total value of $2,745,975.00.
On Thursday, May 14th, Post Holdings Co. Ltd. Japan sold 24,500 shares of Aflac stock. The stock was sold at an average price of $116.42, for a total value of $2,852,290.00.
On Wednesday, May 13th, Post Holdings Co. Ltd. Japan sold 24,200 shares of Aflac stock. The shares were sold at an average price of $115.36, for a total value of $2,791,712.00.
On Tuesday, May 12th, Post Holdings Co. Ltd. Japan sold 24,300 shares of Aflac stock. The shares were sold at an average price of $115.97, for a total value of $2,818,071.00.
On Monday, May 11th, Post Holdings Co. Ltd. Japan sold 24,100 shares of Aflac stock. The shares were sold at an average price of $114.85, for a total value of $2,767,885.00.
On Thursday, April 9th, Post Holdings Co. Ltd. Japan sold 86,155 shares of Aflac stock. The shares were sold at an average price of $113.24, for a total value of $9,756,192.20.
On Wednesday, April 8th, Post Holdings Co. Ltd. Japan sold 166,000 shares of Aflac stock. The shares were sold at an average price of $112.38, for a total value of $18,655,080.00.
On Tuesday, April 7th, Post Holdings Co. Ltd. Japan sold 24,200 shares of Aflac stock. The stock was sold at an average price of $110.45, for a total value of $2,672,890.00.
On Monday, April 6th, Post Holdings Co. Ltd. Japan sold 21,500 shares of Aflac stock. The stock was sold at an average price of $110.34, for a total value of $2,372,310.00.

Aflac Stock Up 0.6%

AFL stock traded up $0.75 during mid-day trading on Thursday, reaching $117.97. The company had a trading volume of 850,091 shares, compared to its average volume of 2,284,120. 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 stock has a 50 day simple moving average of $112.17 and a two-hundred day simple moving average of $111.53. The company has a market capitalization of $60.04 billion, a price-to-earnings ratio of 13.39, a PEG ratio of 2.06 and a beta of 0.62. Aflac Incorporated has a 52 week low of $96.95 and a 52 week high of $119.81.

Aflac (NYSE:AFL – Get Free Report) last posted its quarterly 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 net margin of 25.60% and a return on equity of 13.88%. The company had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the business earned $1.66 earnings per share. The firm’s revenue for the quarter was up 27.9% compared to the same quarter last year. As a group, equities analysts predict that Aflac Incorporated will post 7.12 earnings per share for the current fiscal year.

Aflac Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 20th will be paid a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Wednesday, May 20th. Aflac’s dividend payout ratio (DPR) is 27.70%.

Analyst Upgrades and Downgrades

AFL has been the topic of several analyst reports. Barclays set a $99.00 target price on Aflac and gave the company an “underweight” rating in a report on Thursday, April 30th. Morgan Stanley increased their price objective on Aflac from $120.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Thursday. Wells Fargo & Company reduced their target price on Aflac from $116.00 to $111.00 and set an “equal weight” rating for the company in a report on Tuesday, May 5th. Wall Street Zen raised Aflac from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Piper Sandler reduced their price objective on Aflac from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $111.82.

Get Our Latest Report on AFL

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Quarry LP bought a new stake in shares of Aflac in the 4th quarter worth approximately $25,000. Groupe la Francaise purchased a new position in Aflac in the 1st quarter worth approximately $25,000. Whipplewood Advisors LLC purchased a new stake in Aflac during the 1st quarter valued at $25,000. Nalls Sherbakoff Group LLC purchased a new stake in Aflac during the 4th quarter valued at $29,000. Finally, Evergreen Advisors LLC purchased a new stake in Aflac during the 1st quarter valued at $29,000. Hedge funds and other 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.