On a relative basis, the stock has outperformed the S&P 500 by 2.18% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.2% in the last 1 week, and is up 6.64% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.24% and the 50-Day Moving Average is 5.14%.
Aflac Incorporated (NYSE:AFL): The stock opened at $73.93 on Friday but the bulls could not build on the opening and the stock topped out at $74.14 for the day. The stock traded down to $73.21 during the day, due to lack of any buying support eventually closed down at $73.36 with a loss of -0.46% for the day. The stock had closed at $73.70 on the previous day. The total traded volume was 2,564,606 shares.
The company Insiders own 3.9% of Aflac Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.45% . Institutional Investors own 62.15% of Aflac Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -6.84%. In a related news,The Officer (Sr. Vice President) of AFLAC INC, Wilkey Robin Y sold 3,065 shares at $70.23 on June 24, 2016. The Insider selling transaction had a total value worth of $215,255. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Aflac Incorporated (Aflac) is a business holding company. The Company is engaged in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). Aflac offers insurance policies in Japan and the United States that provide a layer of financial protection against income and asset loss. Aflacs insurance business consists of two segments: Aflac Japan and Aflac U.S. Aflac Japan sells voluntary supplemental insurance products, including cancer plans, medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. Aflac U.S. sells insurance products, including products designed to protect individuals from depletion of assets, such as accident, cancer, critical illness/care, hospital intensive care, hospital indemnity, fixed-benefit dental and vision care plans, and loss-of-income products.