Significant Insider Sales in Shares of AFLAC (AFL) Extends the Selling Trend of Last Quarter

Tuesday, February 20, 2018 10:15 PM ET

Significant Insider Sales in Shares of AFLAC (AFL) Extends the Selling Trend of Last Quarter

In SEC filings today AFLAC revealed two insiders — Daniel P Amos, Director and Officer, and Joseph L Moskowitz, Director — disposed of 24,433 shares in the company having a market value of approximately $2,291,713. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 9,847 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 34,280 shares and have averaged 7,076 shares per transaction over this time period.

The number of insider buy/sell trades at AFLAC is higher than that of the 21 peer company average over the last 90-day period. The Life & Health Insurance peer group saw 7 buy/sell trades during this period for an average of 0.3 transactions per company. However, the number of shares traded per transaction by AFLAC insiders is lower than its peers. Within the peer group there were 0 shares purchased and 126,673 shares sold with company insiders disposing of 18,096 shares on average over this time period.

Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data used in composing and writing this story.

Today’s Insider Activity
* Daniel P Amos, Director and Officer, sold 24,983 shares
* Joseph L Moskowitz, Director, bought 550 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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