Insider Selling: Aflac (NYSE:AFL) Director Sells 600 Shares

Key Points

• Aflac director Joseph Moskowitz sold 600 shares at an average price of $124.10, totaling $74,460. The transaction, conducted under a Rule 10b5-1 plan, reduced his holdings by 1.8% to 32,710 shares.
• Aflac’s latest quarterly earnings slightly missed expectations, with EPS of $1.75 versus the $1.76 consensus, while revenue of $4.22 billion exceeded estimates but declined 1% year over year. The stock recently traded at $120.49, near its $121.06 50-day average.
• The company declared a quarterly dividend of $0.61 per share, equivalent to $2.44 annually and a 2.0% yield. Analysts maintain a generally cautious outlook, with an average “Hold” rating and a consensus price target of $117.58.

Aflac Incorporated (NYSE:AFL - Get Free Report) Director Joseph Moskowitz sold 600 shares of the company's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $124.10, for a total transaction of $74,460.00. Following the transaction, the director owned 32,710 shares in the company, valued at approximately $4,059,311. This trade represents a 1.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aflac Stock Performance

NYSE:AFL traded down $0.58 during trading hours on Wednesday, hitting $120.49. 176,801 shares of the company were exchanged, compared to its average volume of 2,352,761. The stock has a market capitalization of $61.33 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 1.96 and a beta of 0.60. Aflac Incorporated has a 52-week low of $103.80 and a 52-week 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 0.11. The company's 50 day moving average price is $121.06 and its 200-day moving average price is $115.59.

Aflac (NYSE:AFL - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The financial services provider reported $1.75 earnings per share (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 analyst estimates of $4.11 billion. During the same quarter in the previous year, the company posted $1.78 EPS. The company's revenue for the quarter was down 1.0% compared to the same quarter last year. As a group, research analysts forecast that Aflac Incorporated will post 7.05 earnings per share for the current year.

Aflac Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $2.44 dividend on an annualized basis and a yield of 2.0%. Aflac's payout ratio is currently 26.15%.

Institutional Trading of Aflac

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in Aflac by 64.4% in the 4th quarter. Brighton Jones LLC now owns 14,570 shares of the financial services provider's stock worth $1,507,000 after purchasing an additional 5,708 shares during the period. Bison Wealth LLC increased its position in shares of Aflac by 4.3% in the fourth quarter. Bison Wealth LLC now owns 4,402 shares of the financial services provider's stock valued at $455,000 after buying an additional 183 shares in the last quarter. WINTON GROUP Ltd acquired a new position in shares of Aflac during the 2nd quarter worth approximately $280,000. Sei Investments Co. lifted its position in shares of Aflac by 11.2% during the 2nd quarter. Sei Investments Co. now owns 150,334 shares of the financial services provider's stock valued at $15,854,000 after buying an additional 15,105 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in Aflac by 1.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 11,953 shares of the financial services provider's stock valued at $1,261,000 after acquiring an additional 192 shares during the period. Institutional investors and hedge funds own 67.44% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on AFL shares. Piper Sandler reaffirmed an "overweight" rating and set a $138.00 target price (up from $130.00) on shares of Aflac in a report on Monday. Weiss Ratings downgraded shares of Aflac from a "buy (a-)" rating to a "buy (b+)" rating in a report on Friday. UBS Group reissued a "neutral" rating and set a $124.00 price target (up from $114.00) on shares of Aflac in a research report on Wednesday, July 8th. Jefferies Financial Group restated a "hold" rating and set a $108.00 price objective (up from $100.00) on shares of Aflac in a research note on Friday, July 10th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Aflac from $117.00 to $116.00 and set a "neutral" rating for the company in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $117.58.

Aflac News Summary

Here are the key news stories impacting Aflac this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target for Aflac from $120 to $125 while maintaining a “market perform” rating, suggesting some analysts see limited upside from current levels. Benzinga analyst update
• Positive Sentiment: Zacks identified Aflac as one of several accident and health insurers positioned to benefit from rising underwriting exposure and increased digitalization. These industry trends could support future premium growth, although medical-cost inflation remains a risk. Zacks accident and health insurers outlook
• Neutral Sentiment: Wells Fargo maintained a “hold” rating and a $120 price target, citing Aflac’s solid competitive positioning but also modest growth prospects and concerns about mergers-and-acquisitions-related capital allocation. TipRanks Wells Fargo rating
• Neutral Sentiment: Aflac launched a social-emotional learning initiative with educator Ron Clark and DonorsChoose, expanding its community and brand-building efforts for children affected by cancer and blood disorders. The announcement is unlikely to materially affect near-term earnings. Aflac social-emotional learning initiative
• Negative Sentiment: JPMorgan lowered its price target from $117 to $116 and kept a “neutral” rating, reinforcing the view that upside may be limited.
• Negative Sentiment: Dowling & Partners reduced its 2026 earnings-per-share estimate to $7.00 from $7.05. The cut, combined with Aflac’s recent quarterly EPS miss and year-over-year revenue decline, adds pressure to the near-term outlook.
• Negative Sentiment: Broader commentary remains cautious because Aflac has lagged the S&P 500 and analysts see only modest growth. A separate announcement about “AFL Integria” concerns a different fiber-optics company, not Aflac Incorporated.

Aflac Company Profile

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.

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