Aflac (AFL) Insider Co. Sells $5.7M of Stock
Japan Post Holdings continued its string of share disposals in Aflac Incorporated, selling 48,500 shares on June 11, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Ltd. Japan Post Holdings Co. sold 48,500 shares of Aflac Incorporated ($AFL) at an average price of $117.20, worth about $5.68 million, on June 11, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $AFL is down 0.8% after 1 week, up 5.9% after 1 month and up 3.5% to date (from the $115.87 close on Jun 11, 2026).
AFL
Aflac Incorporated
Key Points
- Japan Post Holdings sold 48,500 shares of Aflac Incorporated at an average price of $117.20 on June 11, 2026, for a total value of $5.68 million.
- Aflac stock trades near $117.70, positioned between its 52-week low of $105.43 and high of $130.22 as investors await the next earnings report on November 4, 2026.
- Wall Street firms hold a consensus target of $118.53 across 15 analysts, following recent rating updates from JP Morgan, Wells Fargo, and Mizuho.
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Japan Post Holdings Sells Aflac Shares in June Transaction
Ltd. Japan Post Holdings Co. executed a planned sale of 48,500 shares of Aflac Incorporated AFL on June 11, 2026. The stock changed hands at an average price of $117.20, bringing the total value of the transaction to roughly $5.68 million. This move forms part of a broader pattern of planned divestments by the 10% owner throughout the year.
Aflac Stock Position Ahead of Earnings
Trading near $117.70, Aflac shares sit comfortably between their 52-week low of $105.43 and high of $130.22. Market participants are tracking the share price as it moves toward the company's upcoming financial results scheduled for November 4, 2026. The insurer carries a market valuation of $57.74 billion alongside a price-to-earnings ratio of 12.43.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
2 target raises vs 2 cuts.
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EPS & revenue
EPS missed estimates by 4.4%. Revenue beat estimates by 1.1%.
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Profit surprise
Operating income beat by 13 percent.
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Pre-earnings setup
Bar was low, analysts cautious going in.
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Analyst signal
2 target raises, 2 target cuts.
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Earnings quality
Gross margin up 43.4 points. Operating margin up 24.2 points.
Earnings Call Summary
Aflac Japan delivered strong sales growth of 25.5 percent in the quarter, driven by new medical and cancer insurance products, though underlying earned premiums still declined 1.3 percent due to lapses of paid-up policies. In the United States, net earned premiums grew 3.5 percent with solid persistency of 79.3 percent. Management noted that Japan would need about 80 billion yen in annual sales to reach flat earned premium growth, versus 74 billion achieved in 2025.
Guidance Aflac expects Japan benefit ratio between 60 percent and 63 percent for the full year, roughly in line with first quarter results. For the United States, they forecast a benefit ratio of 42 percent to 52 percent. The company plans to continue share buybacks and dividend increases, returning $1.3 billion to shareholders in the first quarter alone.
Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.
Recent Insider Transactions at Aflac
Japan Post Holdings has recorded multiple planned stock sales over the past several months. On October 14, 2026, the institutional owner sold 55,000 shares at $117.79 each for a value of $6.48 million. Days earlier on October 13, 2026, it disposed of 42,000 shares at $116.38 to total $4.89 million. Earlier in June, the same entity completed smaller sales, including 26,300 shares on June 17, 2026, at $116.62 and 3,300 shares on June 18, 2026, at $116.92. Insider Joseph Moskowitz also transacted in June, acquiring 20,303 shares on June 22, 2026, at $44.59 while selling 12,370 shares on the same date at $116.54.
Analysts Set New Price Targets
Wall Street firms have kept their views active with recent updates to price targets and ratings. On October 15, 2026, JP Morgan maintained a Neutral rating while lifting its target to $119.00 from $116.00. Wells Fargo kept an Equal-Weight rating on October 12, 2026, adjusting its target to $116.00 from $122.00. Keefe, Bruyette & Woods maintained a Market Perform rating at $120.00 on October 9, 2026, while Mizuho maintained an Underperform rating with a $107.00 target on October 7, 2026. Barclays maintained an Underweight rating at $101.00 on the same day. Overall, the company draws coverage from 15 analysts.
Inside Aflac Insurance Operations
Aflac Incorporated provides supplemental health and life insurance through its Aflac Japan and Aflac U.S. segments. The Japanese division markets cancer, medical, and whole life policies, while the domestic unit offers accident, disability, and critical illness coverage. Founded in 1955, the firm operates out of Columbus, Georgia, serving individuals and corporate clients via independent agencies and brokers.
What to Watch at Aflac Incorporated
Investors will look toward the company's next earnings report on November 4, 2026, for fresh details on revenue and profitability. Future Form 4 filings will also show whether Japan Post Holdings continues to adjust its major stake in the insurer. Insiders trades reflect individual financial choices and do not point to a specific direction for the broader stock.
Related Filing Alerts
Source: Ltd. Japan Post Holdings Co.'s Form 4 filing on $AFL (Jun 11, 2026). Find the original filing: AFL Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts