Aflac Incorporated (AFL) : Fridays money flow data in Aflac Incorporated (AFL) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $5.82 million, whereas, $5.2 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.12, in favor of the bulls. The total money flow into the stock was $0.62 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $1.43 million. The total value of block trades done on upticks was $1.43 million. Aflac Incorporated (AFL) fell $0.01 and traded at $73.86, down -0.01% for the day, over previous days close. On a weekly basis, the shares are 1.53% over the previous weeks close.
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 -26.39% . Institutional Investors own 63.02% of Aflac Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -16.1%.
In a related news, White Teresa L, officer (President, Aflac U.S.) of Aflac Inc, unloaded 35,734 shares at an average price of $74.28 on September 1, 2016. The total amount of the transaction was worth $2,654,322, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Aflac Incorporated (NYSE:AFL): The stock opened at $74.08 and touched an intraday high of $74.36 on Friday. During the day, the stock corrected to an intraday low of $73.65, however, the bulls stepped in and pushed the price higher to close in the green at $73.99 with a gain of 0.16% for the day. The total traded volume for the day was 1,186,050. The stock had closed at $73.87 in the previous trading session.
Aflac Incorporated (AFL) : Traders are bullish on Aflac Incorporated (AFL) as it has outperformed the S&P 500 by a wide margin of 1.39% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.19%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.7% in the last 1 week, and is up 1.26% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
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.