Aflac’s Masatoshi Koide sells $1.56 million in common stock

On September 16, 2026, Masatoshi Koide, President and Representative Director of Aflac Life Insurance Japan, sold 13,201 shares of AFLAC INC common stock for a total value of around $1,557,893. This sale comprised two dispositions: 3,201 shares at $117.93 per share and 10,000 shares at an average price of $118.04 per share, sold in multiple transactions ranging from $118.03 to $118.09.

Prior to these sales, Koide had acquired 3,201 shares at $35.52 per share, equivalent to $113,699. Following the reported transactions, Koide now holds 76,422 shares of AFLAC INC common stock directly. Aflac, currently trading at a P/E ratio of 12.43, is reportedly overvalued according to InvestingPro analysis, with a market capitalization of $58.5 billion and a dividend yield of 2.1%.

The company boasts a 42-year streak of consecutive dividend increases. Investors can refer to Aflac's Pro Research Report for more detailed insights. Meanwhile, Aflac reported second-quarter 2026 earnings indicating earnings per share of $1.75, below the $1.78 expectation, while revenue slightly surpassed estimates at $4.12 billion.

Wolfe Research downgraded Aflac to underperform, targeting a price of $103.00, citing concerns about Japan's operations and a slowdown in its core third-sector engine.