Audrey B. Tillman, Executive Vice President of Aflac Inc . (NYSE:), a $57.4 billion market cap insurer with a “GOOD” InvestingPro Financial Health rating, recently reported significant stock transactions involving the company’s common stock. According to the SEC filing, Tillman exercised options to acquire 24,744 shares at a price of $30.725 per share. Subsequently, she sold a total of 24,744 shares in two separate transactions.
The sales were executed at a weighted average price range of $103.394 to $103.401 per share, resulting in a total sale value of approximately $2.56 million. Following these transactions, Tillman holds 222,618 shares directly. Additionally, she retains indirect ownership of 17,383 shares through a 401(k) plan and shares held by her children.
In other recent news, AFLAC Incorporated has had several significant developments. The company reported a 17.4% increase in adjusted earnings per diluted share to $2.16, showing financial resilience by repurchasing $500 million in shares and raising its dividend by 16% for the first quarter of 2025. Raymond (NS:) James increased AFLAC’s stock price target to $115.00, maintaining an Outperform rating, while Truist Securities raised the stock’s price target to $105. Keefe, Bruyette & Woods maintained a Market Perform rating, projecting a neutral to slightly positive outlook.
AFLAC plans to introduce a new cancer insurance product in early 2025, anticipated to be an evolutionary step. The company also provided details on expected reserve financings related to its Bermuda subsidiary through 2026 and outlined operational challenges in the U.S. market. These recent developments provide insights into AFLAC’s financial health and growth prospects.
Analysts from Evercore ISI and Morgan Stanley (NYSE:) commented on AFLAC’s outlook, observing that the company significantly exceeded its 2024 margin guide, particularly in Japan, and made a strong case for taking advantage of long-term secular trends in both Japan and the US. These insights from analysts highlight the company’s potential future profitability and strategic financial management.
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