Insider Selling: Aflac (NYSE:AFL) Director Sells 13,201 Shares of Stock
π Director Masatoshi Koide sold 13,201 shares of AFL stock on September 16th for a total value of $1.56 million.
π° The sale reduced Director Koide's personal position by 14.73%, leaving him with approximately 76,422 shares remaining.
π Aflac reported Q2 earnings of $1.75 EPS, missing analyst consensus estimates by $0.01 per share.
π΅ Quarterly revenue reached $4.22 billion, surpassing the $4.11 billion consensus estimate despite a 1% year-over-year decline.
π The company declared a quarterly dividend of $0.61 per share with an annualized yield of 2.1%.
π¦ Institutional ownership stands at 67.44%, led by BlackRock and UBS Asset Management.
π Barclays reaffirmed an 'underweight' rating with a price target of $99.00 for the stock.
π Wall Street Zen downgraded AFL from 'hold' to 'sell' in a recent research report.
π Wells Fargo maintains an 'equal weight' rating with a price target set at $122.00.
- Aflac reported quarterly revenue of $4.22 billion, which beat analyst consensus estimates of $4.11 billion.
- The company maintains a strong net margin of 26.91% and a return on equity of 13.27%.
- Aflac's quarterly earnings per share of $1.75 missed analyst consensus estimates by one cent.
- Quarterly revenue declined 1.0% compared to the same quarter in the previous year.
- Barclays reaffirmed an 'underweight' rating with a price target of $99.00.