Aflac (AFL) 10% Owner Ltd. Sells $4.9M of Stock
Japan Post Holdings sold a significant block of Aflac shares in a planned transaction.
Reviewed by automated data checks against the source filing. How we make and check alerts
Japan Post Holdings Co., Ltd., 10% Owner at Aflac Incorporated ($AFL), sold 42,000 shares at an average price of $116.38, worth about $4.89 million, on October 13, 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 3.0% to date (from the $116.44 close on Oct 13, 2026).
AFL
Aflac Incorporated
Key Points
- Japan Post Holdings sold 42,000 shares of Aflac for about $4.89 million on October 13, 2026.
- Aflac shares recently traded around $118.83, above both its 50-day and 200-day moving averages.
- The company has a market cap of about $60.1 billion and a P/E ratio of 12.9.
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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 42,000 shares of Aflac Incorporated (NYSE: AFL) on October 13, 2026, for approximately $4.89 million. This sale was part of a planned transaction, with shares sold at an average price of $116.38.
Inside Japan Post Holdings' Trade
Japan Post Holdings, a 10% owner of Aflac, executed this planned sale, reflecting a significant move in its holdings.
Other Institutional Activity in Aflac
Several other institutional investors have also adjusted their stakes in Aflac. Vanguard Portfolio Management LLC increased its holdings by 6,113,274 shares, totaling 24,356,406 shares worth about $2.92 billion. Meanwhile, Japan Post Holdings Co., Ltd. reduced its position by 1,075,869 shares, ending with 50,898,490 shares valued at approximately $6.11 billion. BlackRock Inc. decreased its stake by 1,288,859 shares, bringing its total to 34,915,032 shares worth about $4.19 billion. Vanguard Capital Management LLC cut its holdings by 350,945 shares for a total of 29,902,916 shares valued at around $3.59 billion. Lastly, State Street Corporation trimmed its position by 87,324 shares, resulting in 23,513,644 shares worth about $2.82 billion.
Aflac Incorporated Stock Up 0.7%
Aflac shares recently traded around $118.83, which is above both its 50-day moving average of $116.68 and its 200-day average of $115.26. The stock is currently about 8.7% below its 52-week high of $130.22 but is 12.7% above its 52-week low of $105.43.
Recent Earnings
Aflac reported trailing twelve-month revenue of approximately $18.07 billion and an EPS of $9.30. The company's next earnings report is scheduled for November 4, 2026.
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.
Insider Buying and Selling at Aflac Incorporated
On the same day as Japan Post Holdings' sale, the company also reported that it had sold 42,000 shares at an average price of $116.38, valued at about $4.89 million. Earlier, Joseph Moskowitz purchased 20,303 shares at $44.59 each and later sold 12,370 shares at $116.54 each on June 22, 2026.
Analysts Set New Price Targets
On October 12, 2026, Wells Fargo maintained its rating on Aflac with an Equal-Weight rating and a price target of $116.00. UBS also kept a Neutral rating with a target of $125.00 on October 6, 2026. The consensus among analysts is a hold recommendation with a mean price target of $117.33 based on 15 opinions.
About Aflac
Aflac Incorporated provides supplemental health and life insurance products through its subsidiaries, primarily operating in the U.S. and Japan. The company is known for its cancer and medical insurance products, as well as other life insurance offerings. This sale by Japan Post Holdings highlights the ongoing adjustments by major stakeholders in the company.
Bottom Line
Investors should monitor Aflac's upcoming earnings report on November 4, 2026, for insights into the company's performance. Additionally, further insider transactions and institutional activities may provide context for future stock movements.
Related Filing Alerts
Source: Japan Post Holdings Co., Ltd.'s Form 4 filing on $AFL (Oct 13, 2026). Find the original filing: AFL Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts