Japan Post Holdings sells $1.61m Aflac (NYSE:AFL) shares By Investing.com

, a 10% owner of AFLAC INC (), reported the sale of 14,000 shares of common stock on September 11, 2026, totaling approximately $1.61 million. The shares were sold at weighted average prices ranging from $115.12 to $115.41, below the current stock price of $116.68. The insurance giant, with a market cap of $58.7 billion, has raised its dividend for 42 consecutive years, according to InvestingPro data.

The sales included two distinct blocks of shares. One block consisted of 13,173 shares sold at a weighted average price of $115.12 per share, with individual transaction prices ranging from $114.36 to $115.36. A second block involved 827 shares, sold at a weighted average price of $115.41 per share, with individual transaction prices ranging from $115.365 to $115.45.

Following these transactions, Japan Post Holdings Co., Ltd. indirectly holds 50,598,190 shares of AFLAC INC common stock. The reported securities are held indirectly through J&A Alliance Holdings Corporation, acting as trustee for the J&A Alliance Trust. Japan Post Holdings Co., Ltd. is the sole settlor and beneficiary of this Trust, and disclaims beneficial ownership except to the extent of its pecuniary interest.

In other recent news, Aflac reported mixed results for the second quarter of 2026. The company’s adjusted earnings per share were $1.75, falling short of the expected $1.78, but revenue slightly exceeded expectations, reaching $4.12 billion compared to the forecasted $4.11 billion. Investors appeared to focus more on the earnings miss and a cautious outlook for U.S. premium growth, despite the modest revenue beat.

In addition, Wolfe Research initiated coverage on Aflac with an underperform rating, setting a price target of $103.00. The research firm expressed concerns about Aflac’s operations in Japan, particularly noting a slowdown in the company’s core third-sector engine. These recent developments highlight a mix of financial performance and analyst perspectives on Aflac’s future.

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