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Aflac (NYSE:AFL) Major Shareholder Sells $1,961,840.00 in Stock
A major shareholder in Aflac (NYSE:AFL), Post Holdings Co. Ltd. Japan, sold 17,900 shares of the company’s stock for over $1.9 million on March 12, as part of a series of sales totaling 110,700 shares for roughly $12.2 million between March 5-12. This sale decreased their ownership by 0.03%, bringing their total holdings to over 52 million shares valued at approximately $5.7 billion. The company recently missed quarterly earnings estimates, and analysts currently have a consensus “Hold” rating with a target price of $111.73.