Aflac Inc (AFL) Files Form 4 Insider Selling : Charles D Ii Lake Sells 17,791 Shares

Aflac Inc (AFL): Charles D Ii Lake , President -Aflac International of Aflac Inc sold 17,791 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $68.47 per share for a total value of $1,218,401.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 21, 2016, Kriss Iii Cloninger (President) sold 16,000 shares at $63.62 per share price.On Mar 15, 2016, Charles B Knapp (director) sold 4,000 shares at $61.63 per share price.Also, On Mar 10, 2016, Hiroshi Yamauchi (President; Aflac Japan) sold 19,250 shares at $60.43 per share price.On Mar 3, 2016, Kenneth S Jr Janke (EVP, Treas Head of CorpFin&Dev) sold 8,700 shares at $61.09 per share price.

Shares of AFLAC Incorporated (AFL) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.54 points or -0.78% at $68.43 with 21,47,620 shares getting traded. Post opening the session at $68.62, the shares hit an intraday low of $68.02 and an intraday high of $68.755 and the price vacillated in this range throughout the day. The company has a market cap of $28,741 M and the number of outstanding shares has been calculated to be 42,00,01,380 shares. The 52-week high of AFLAC Incorporated is $69.6 and the 52-week low is $51.41.

AFLAC Incorporated Money Flow Index Chart

Company has been under the radar of several Street Analysts.AFLAC Incorporated is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 67 from a previous price target of $64 .The Rating was issued on Apr 27, 2016.AFLAC Incorporated is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 67 from a previous price target of $62 .The Rating was issued on Apr 27, 2016.AFLAC Incorporated is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 21, 2016.AFLAC Incorporated is Upgraded by Macquarie to Outperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 14, 2016.

Aflac Incorporated (Aflac) is a business holding company. The Company is engaged in supplemental health and life insurance which is marketed and administered through its subsidiary American Family Life Assurance Company of Columbus (Aflac). Aflac offers insurance policies in Japan and the United States that provide a layer of financial protection against income and asset loss. Aflac’s insurance business consists of two segments: Aflac Japan and Aflac U.S. Aflac Japan sells voluntary supplemental insurance products including cancer plans medical indemnity plans medical/sickness riders care plans living benefit life plans ordinary life insurance plans and annuities. Aflac U.S. sells insurance products including products designed to protect individuals from depletion of assets such as accident cancer critical illness/care hospital intensive care hospital indemnity fixed-benefit dental and vision care plans and loss-of-income products.

Leave a Reply

AFLAC Incorporated - Is it time to Sell?

Top Brokerage Firms are advising their investors on AFLAC Incorporated. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.