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Top Executive Sells Massive Chunk of AFLAC Stock

Top Executive Sells Massive Chunk of AFLAC Stock

New insider activity at AFLAC ( (AFL) ) has taken place on March 12, 2025.

Charles Lake, the Chairman and Representative Director of ALIJ, has recently sold 29,802 shares of AFLAC stock, amounting to a total transaction value of $3,197,508.

Recent Updates on AFL stock

Recent developments regarding Aflac’s stock include a mix of price target changes by several financial institutions. Morgan Stanley raised its price target for Aflac, citing a better operating environment for life insurers, improved capital positions, favorable product offerings, and stronger earnings power compared to the pre-2008 financial crisis period. Conversely, Wells Fargo lowered its price target following updated estimates post-Q4 reports, favoring more defensive names within the life sector. Keefe Bruyette also reduced its price target, maintaining a Market Perform rating. Additionally, Aflac announced the hiring of Michael Fradkin as SVP for Dental and Vision, focusing on customer experience and business expansion.

More about AFLAC

YTD Price Performance: 3.79%

Average Trading Volume: 1,966,159

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $58.35B

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Questions or Comments about the article? Write to editor@tipranks.com