AFLAC Sees Unusually Large Options Volume (AFL)
AFLAC Incorporated (NYSE:AFL) was the recipient of some unusual options trading on Friday. Stock traders bought 11,626 put options on the stock. This represents an increase of approximately 2,235% compared to the average daily volume of 498 put options.
AFLAC (AFL) opened at $84.94 on Monday. The stock has a market capitalization of $33,394.13, a P/E ratio of 12.31, a P/E/G ratio of 2.43 and a beta of 1.02. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.24. AFLAC has a 1 year low of $66.50 and a 1 year high of $91.73.
AFLAC (NYSE:AFL) last announced its earnings results on Wednesday, October 25th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.63 by $0.07. The company had revenue of $5.51 billion for the quarter, compared to analysts’ expectations of $5.48 billion. AFLAC had a return on equity of 12.87% and a net margin of 12.49%. AFLAC’s quarterly revenue was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.74 earnings per share. research analysts forecast that AFLAC will post 6.76 EPS for the current year.
In other news, insider Audrey B. Tillman sold 310 shares of the business’s stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $83.57, for a total transaction of $25,906.70. Following the completion of the sale, the insider now owns 41,937 shares in the company, valued at $3,504,675.09. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Masatoshi Koide sold 6,250 shares of the business’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $88.00, for a total value of $550,000.00. Following the sale, the chief operating officer now owns 25,037 shares of the company’s stock, valued at approximately $2,203,256. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,657 shares of company stock valued at $1,988,685. Corporate insiders own 3.00% of the company’s stock.
Large investors have recently made changes to their positions in the stock. San Francisco Sentry Investment Group CA boosted its position in AFLAC by 4,338.7% in the third quarter. San Francisco Sentry Investment Group CA now owns 1,376 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 1,345 shares during the last quarter. Harfst & Associates Inc. boosted its position in AFLAC by 12.0% in the second quarter. Harfst & Associates Inc. now owns 1,994 shares of the financial services provider’s stock worth $154,000 after purchasing an additional 214 shares during the last quarter. Ifrah Financial Services Inc. purchased a new position in AFLAC in the third quarter worth $200,000. Lowe Brockenbrough & Co. Inc. purchased a new position in AFLAC in the third quarter worth $204,000. Finally, Cullen Frost Bankers Inc. purchased a new position in AFLAC in the third quarter worth $206,000. 65.62% of the stock is currently owned by institutional investors.
AFLAC Company Profile
Aflac Incorporated is a business holding company. The Company is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). The Company’s insurance business consists of two segments: Aflac Japan and Aflac U.S.
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