Aflac Incorporated (NYSE:AFL) is now up 33.04% compared to a 12-month low of $41.45. We have seen the price to move 0.4% higher and get settled at $55.14 on 6/19/2019. At recent session, it appeared stuck in a range of $55.015 to $55.45. This company shares are -8.67% up from its target price of $50.36 and the current market capitalization stands at $40.68B. The recent change has given its price a 7.56% lead over SMA 50 and -0.3% deficit over its 52-week high. The stock witnessed 5.71% gains, 11.48% gains and 24.41% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AFL’s volatility during a week at 1.12% and during a month it has been found around 1.26%.

What Does Aflac Incorporated (AFL) Do?

The company describes itself in regulatory filings as, “Aflac, Inc. is a holding company, which engages in the provision financial protection services. It operates through the Aflac Japan and Aflac United States (U.S.) segments. The Aflac Japan segment offers life insurance, death benefits, and cash surrender values. The Aflac U.S. segment sells voluntary supplemental insurance products for people who already have major medical or primary insurance coverage. The company was founded by John Amos, Daniel Paul Amos, and William Amos on November 17, 1955 and is headquartered in Columbus, GA.” [Text can be found here: https://www.marketwatch.com/investing/stock/AFL/profile under company description.]

Aflac Incorporated (AFL) Top Holders

Institutional investors currently hold around $27.63 billion or 69.5% in AFL stock. Look at its top three institutional owners: Vanguard Group Inc owns $3.71 billion in Aflac Incorporated, which represents roughly 9.12% of the company’s market cap and approximately 13.43% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 53,029,685 shares of the stock are valued at $2.91 billion. The third largest holder is State Street Corp, which currently holds $2.18 billion worth of this stock and that ownership represents nearly 5.36% of its market capitalization.

Aflac Incorporated 13F Filings

At the end of March reporting period, 398 institutional holders increased their position in Aflac Incorporated (NYSE:AFL) by some 25,259,128 shares, 518 decreased positions by 38,137,372 and 199 held positions by 439,729,773. That puts total institutional holdings at 503,126,273 shares, according to SEC filings. The stock grabbed 78 new institutional investments totaling 3,795,232 shares while 73 institutional investors sold out their entire positions totaling 4,957,340 shares.

Aflac Incorporated (NYSE:AFL) Insider Trades

Multiple company employees have indulged in significant insider trading. Aflac Incorporated disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SVP, Corporate Actuary RIGGIERI ALBERT has sold 5,247 shares of Aflac Incorporated (AFL) in the trading session dated Jun. 03, 2019. These shares are worth $274,890 and were traded at $52.39 each. The SEC filing shows that ARIYOSHI KOJI performed a sale of 63,703 shares. The Exec.VP – Aflac Japan disposed these shares by way of transaction on May. 29, 2019. The company’s shares were given away at $52.2 per share worth to an income of some $3,325,297 to the account of ARIYOSHI KOJI.

Director, MOSKOWITZ JOSEPH L, sold 2,750 common shares of Aflac Incorporated (AFL) in the open market. In a transaction dated May. 24, 2019, the shares were put up for sale at an average price of $52.02, raking in a sum of $143,055. After this sale, 15,290 common shares of AFL are directly owned by the insider, with total stake valued at $843,091.

In the transaction dated May. 16, 2019, a great number of shares sold came courtesy the President -Aflac International; LAKE CHARLES D II disposed a total of 18,000 shares at an average price of $52.09, amounting to approximately $937,620. The insider now directly owns 105,206 shares worth $5,801,059.

Aflac Incorporated (AFL) Analyst Guide

Several analysts have released their opinion on Aflac Incorporated (NYSE:AFL), with 2 analysts believing it is a strong buy. Whereas 10 of them predict the stock is a hold. Also, there are 1 buy, 1 sell and 1 strong sell ratings, collectively assigning a 2.87 average brokerage recommendation [T1].