Aflac (AFL) 10% Owner Ltd. Sells $1.4M of Stock
Japan Post Holdings sold 12,000 shares of Aflac, valued at about $1.4 million, on October 9, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Japan Post Holdings Co., Ltd., 10% Owner at Aflac Incorporated ($AFL), sold 12,000 shares at an average price of $114.72, worth about $1.38 million, on October 9, 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 up 4.7% after 1 week and up 4.7% to date (from the $114.54 close on Oct 9, 2026).
AFL
Aflac Incorporated
Key Points
- Japan Post Holdings sold 12,000 shares of Aflac for about $1.4 million on October 9, 2026.
- The stock is currently trading around $118.83, above its 50-day and 200-day moving averages by 1.8% and 3.1%, respectively.
- Analysts have mixed views on Aflac, maintaining a consensus recommendation of 'hold' with a mean price target of $117.33.
Get $AFL trade alerts by text
We text you when insiders, Congress or big funds trade $AFL. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Aflac Incorporated alert may contain errors. Disclosures
Japan Post Holdings Co., Ltd. sold 12,000 shares of Aflac Incorporated (NYSE: AFL) on October 9, 2026, for approximately $1.4 million. The sale was part of a planned transaction, with shares priced at $114.72 each.
What Changed in Japan Post Holdings's Aflac Position
Japan Post Holdings's stake in Aflac decreased with this sale, bringing its total holdings to 50,898,490 shares valued at about $6.1 billion. This transaction follows previous sales by Japan Post Holdings, which sold a total of 42,000 shares earlier this month.
Other Institutional Activity in Aflac
In the latest reporting period, several other funds adjusted their positions in Aflac. BlackRock Inc. reduced its holdings by 1,288,859 shares, ending with 34,915,032 shares valued at approximately $4.2 billion. Vanguard Capital Management LLC trimmed its stake by 350,945 shares, holding 29,902,916 shares worth about $3.6 billion. Meanwhile, Vanguard Portfolio Management LLC grew its holdings by 6,113,274 shares, totaling 24,356,406 shares valued at around $2.9 billion.
Aflac Incorporated Stock Up 0.7%
As of October 16, 2026, Aflac shares are trading around $118.83, which is above both the 50-day and 200-day moving averages. However, the stock is below its 52-week high of $130.22 by about 8.7%. This positioning may influence investor sentiment ahead of the next earnings report.
Recent Earnings
Aflac's trailing twelve-month revenue stands at approximately $18.07 billion, with an EPS of $9.30. The company's next earnings report is scheduled for November 4, 2026. Analysts are closely watching the company's performance, especially given the recent revenue growth decline of 1% year-over-year.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
2 target raises vs 2 cuts.
-
EPS & revenue
EPS missed estimates by 4.4%. Revenue beat estimates by 1.1%.
-
Profit surprise
Operating income beat by 13 percent.
-
Pre-earnings setup
Bar was low, analysts cautious going in.
-
Analyst signal
2 target raises, 2 target cuts.
-
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.
Insider Buying and Selling at Aflac Incorporated
Japan Post Holdings has been active in the market, selling shares before this recent transaction. Earlier, it sold 26,300 shares on June 17, 2026, at an average price of $116.62, totaling about $3.07 million. It also sold 3,300 shares the following day for approximately $385,833. Additionally, Joseph Moskowitz made a notable purchase of 20,303 shares at $44.59 each on June 22, 2026.
Analysts Set New Price Targets
On October 9, 2026, Keefe, Bruyette & Woods maintained a 'Market Perform' rating for Aflac, with a target price of $120. Earlier, Wolfe Research initiated coverage with an 'Underperform' rating and a target of $103 on August 19, 2026. The consensus among analysts is to hold Aflac shares, with a mean price target of $117.33 from 15 opinions.
About Aflac Incorporated
Aflac Incorporated, headquartered in Columbus, GA, offers supplemental health and life insurance products through its subsidiaries. It operates primarily in two segments: Aflac Japan and Aflac U.S., providing various insurance products including cancer and medical insurance. This recent insider selling and the stock's current position may impact investor decisions as earnings approach.
Bottom Line
Investors should pay attention to Aflac's upcoming earnings report on November 4, 2026, and watch for further insider activity or analyst updates that may influence stock performance. Japan Post Holdings's recent sales reflect a strategic adjustment in its investment approach.
Related Filing Alerts
Source: Japan Post Holdings Co., Ltd.'s Form 4 filing on $AFL (Oct 9, 2026). Find the original filing: AFL Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts