Aflac Inc.’s filing revealed that its Director KENNY THOMAS J unloaded Company’s shares for reported $0.42 million on Mar 20 ’24. In the deal valued at $84.62 per share,5,000 shares were sold. As a result of this transaction, KENNY THOMAS J now holds 17,920 shares worth roughly $1.44 million.
Then, RIGGIERI ALBERT sold 8,000 shares, generating $666,760 in total proceeds. Upon selling the shares at $83.34, the SVP, Global CRO now owns 32,825 shares.
Before that, Collins Arthur Reginald sold 3,000 shares. Aflac Inc. shares valued at $239,199 were divested by the Director at a price of $79.73 per share. As a result of the transaction, Collins Arthur Reginald now holds 5,592 shares, worth roughly $0.45 million.
Evercore ISI downgraded its Aflac Inc. [AFL] rating to an Underperform from a an In-line in a research note published on January 04, 2024; the price target was increased to $78 from $76. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid August from “an Overweight” to “an Equal-weight”. Wells Fargo started covering the stock on April 25, 2023. It rated AFL as “an Equal weight”.
Price Performance Review of AFL
On Monday, Aflac Inc. [NYSE:AFL] saw its stock fall -0.01% to $80.27. Over the last five days, the stock has lost -5.72%. Aflac Inc. shares have fallen nearly -2.70% since the year began. Nevertheless, the stocks have risen 21.07% over the past one year. While a 52-week high of $86.26 was reached on 03/28/24, a 52-week low of $64.10 was recorded on 02/01/24. SMA at 50 days reached $81.71, while 200 days put it at $79.05. A total of 2.44 million shares were traded, compared to the trading of 2.88 million shares in the previous session.
Levels Of Support And Resistance For AFL Stock
The 24-hour chart illustrates a support level at 79.68, which if violated will result in even more drops to 79.09. On the upside, there is a resistance level at 81.19. A further resistance level may holdings at 82.11. The Relative Strength Index (RSI) on the 14-day chart is 35.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.19%. Stochastics %K at 10.12% indicates the stock is a buying.
The most recent change occurred on May 24, 2022 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $60 price target.
