Aflac Incorporated (NYSE:AFL) has tumbled 0.23% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.09% in the last four weeks. The company has outperformed the S&P 500 by 0.97% in the past week but underperformed the index by 0.83% in the last 4 weeks.
Aflac Incorporated (NYSE:AFL): The stock opened at $68.78 on Friday but the bulls could not build on the opening and the stock topped out at $69.09 for the day. The stock traded down to $68.54 during the day, due to lack of any buying support eventually closed down at $68.79 with a loss of -0.03% for the day. The stock had closed at $68.81 on the previous day. The total traded volume was 2,248,342 shares.
The company shares have rallied 9.96% from its 1 Year high price. On May 25, 2016, the shares registered one year high at $70.09 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $69.01 and the 200 Day Moving Average price is recorded at $63.13.
On the companys insider trading activities,The officer (President, Aflac U.S.) of Aflac Inc, White Teresa L sold 8,976 shares at $69.8 on June 8, 2016. The Insider selling transaction had a total value worth of $626,525. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Brokerage firm Keefe Bruyette & Woods downgrades its rating on Aflac Incorporated (NYSE:AFL). In a research note issued to the investors, the brokerage major maintains price-target of $73 per share.The shares have been rated Market Perform. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on May 20, 2016. Currently the company Insiders own 3.9% of Aflac Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.45% . Institutional Investors own 62.1% of Aflac Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -6.84%.
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. Aflacs 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.