KD Logo

Analyzing Aflac Inc. (AFL) After Recent Trading Activity

Aflac Inc.’s filing revealed that its Director Crawford Frederick John acquired Company’s shares for reported $6.06 million on Sep 27 ’24. In the deal valued at $110.25 per share,55,000 shares were bought.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, RIGGIERI ALBERT bought 5,496 shares, generating $577,630 in total proceeds.

Before that, MOSKOWITZ JOSEPH L sold 600 shares. Aflac Inc. shares valued at $59,730 were divested by the Director at a price of $99.55 per share. As a result of the transaction, MOSKOWITZ JOSEPH L now holds 26,962 shares, worth roughly $3.07 million.

TD Cowen initiated its Aflac Inc. [AFL] rating to a Hold in a research note published on October 09, 2024; the price target was $102. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Underweight”‘ rating. Evercore ISI also remained covering AFL and has decreased its forecast on January 04, 2024 with a “an Underperform” recommendation from previously “an In-line” rating. Morgan Stanley revised its rating on August 18, 2023. It rated AFL as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of AFL

On Tuesday, Aflac Inc. [NYSE:AFL] saw its stock fall -0.07% to $113.99. Over the last five days, the stock has gained 1.35%. Aflac Inc. shares have risen nearly 38.17% since the year began. Nevertheless, the stocks have risen 42.04% over the past one year. While a 52-week high of $115.50 was reached on 10/04/24, a 52-week low of $75.07 was recorded on 02/01/24. SMA at 50 days reached $108.31, while 200 days put it at $91.24.

Levels Of Support And Resistance For AFL Stock

The 24-hour chart illustrates a support level at 113.50, which if violated will result in even more drops to 113.02. On the upside, there is a resistance level at 114.80. A further resistance level may holdings at 115.62. The Relative Strength Index (RSI) on the 14-day chart is 61.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.93%. Stochastics %K at 73.73% indicates the stock is a holding.

How much short interest is there in Aflac Inc.?

A steep rise in short interest was recorded in Aflac Inc. stocks on 2024-09-30, dropping by -2.43 million shares to a total of 11.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 14.03 million shares. There was a decline of -20.98%, which implies that there is a negative sentiment for the stock.

Most Popular