Aflac Inc (AFL): Kenneth S Jr Janke , EVP, Treas Head of CorpFin&Dev of Aflac Inc sold 7,500 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $69.32 per share for a total value of $519,900.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, Teresa L White (President, Aflac U.S.) sold 2,853 shares at $69.80 per share price.On Jun 2, 2016, Douglas Wayne Johnson (director) sold 3,000 shares at $69.33 per share price.Also, On May 5, 2016, Charles D Ii Lake (President -Aflac International) sold 17,791 shares at $68.47 per share price.On Mar 21, 2016, Kriss Iii Cloninger (President) sold 16,000 shares at $63.62 per share price.
Shares of AFLAC Incorporated (AFL) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.07% at $69.41 with 17,92,558 shares getting traded. Post opening the session at $69.01, the shares hit an intraday low of $68.75 and an intraday high of $69.5 and the price vacillated in this range throughout the day. The company has a market cap of $28,735 M and the number of outstanding shares has been calculated to be 41,39,87,030 shares. The 52-week high of AFLAC Incorporated is $70.0874 and the 52-week low is $51.41.
Company has been under the radar of several Street Analysts.AFLAC Incorporated is Downgraded by Sandler O’Neill to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 23, 2016.AFLAC Incorporated is Downgraded by Keefe Bruyette to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 20, 2016.AFLAC Incorporated is Downgraded by FBR Capital to Mkt Perform while Lowering the Price Target of the company shares to $ 68 from a previous price target of $71 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 10, 2016.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 (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.