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Elo Mutual Pension Insurance Co Increases Position in Aflac Incorporated $AFL
Elo Mutual Pension Insurance Co increased its stake in Aflac Incorporated by 38.8% in Q3, now holding 73,985 shares valued at approximately $8.26 million. This increase comes despite Aflac missing quarterly earnings and revenue expectations, and a general “Hold” consensus rating from analysts with a target price of $111.73. Insiders have also been selling shares, with EVP Steven Kent Beaver selling 7,387 shares recently, totaling 16,331 shares sold by insiders over three months, while institutional investors own 67.44% of the stock.