Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Aflac Inc shares valued at $2,558,532 were sold by TILLMAN AUDREY B on Dec 27 ’24. At $103.40 per share, TILLMAN AUDREY B sold 24,744 shares. The insider’s holdings dropped to 222,618 shares worth approximately $23.27 million following the completion of this transaction.
Also, TILLMAN AUDREY B purchased 24,744 shares, netting a total of over 2,558,538 in proceeds.
Before that, Daniels James Todd had added 25,662 shares to its account. In a trade valued at $2,643,443, the EXECUTIVE ADVISOR TO CFO bought Aflac Inc shares for $103.01 each.
As published in their initiating research note from BMO Capital Markets on January 23, 2025, Aflac Inc [AFL] has been a Market perform and the price target has been revised to $111. Analysts at TD Cowen started covering the stock with ‘”a Hold”‘ outlook in a report released in early October. As of September 05, 2024, Barclays has initiated its “an Underweight” rating for AFL. Earlier on January 04, 2024, Evercore ISI downgraded its rating. Their new recommendation was “an Underperform” for AFL stock which previously was a “an In-line”.
Analyzing AFL Stock Performance
During the last five days, there has been a surge of approximately 1.48%. Over the course of the year, Aflac Inc shares have jumped approximately 1.03%. Shares of the company reached a 52-week high of $108.93 on 01/30/25 and a 52-week low of $100.00 on 01/13/25. A 50-day SMA is recorded $104.33, while a 200-day SMA reached $101.68. Nevertheless, trading volume fell to 1.58 million shares from 1.64 million shares the previous day.
Support And Resistance Levels for Aflac Inc (AFL)
According to the 24-hour chart, there is a support level at 103.80, which, if violated, would cause prices to drop to 103.09. In the upper region, resistance lies at 105.00. The next price resistance is at 105.49. RSI (Relative Strength Index) is 49.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.80, which suggests the price will decrease in the coming days. Percent R is at 59.49%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
