Wedbush Securities Inc. significantly increased its stake in Aflac Incorporated by 126.1% in the third quarter, acquiring an additional 11,903 shares and bringing its total holdings to 21,345 shares valued at approximately $2.384 million. This move comes as Aflac reported mixed quarterly results, missing EPS estimates but exceeding revenue expectations despite a 9.6% year-over-year revenue decline. The article also notes recent insider selling and a consensus “Hold” rating from analysts for the stock.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Wedbush Securities Inc. Acquires 11,903 Shares of Aflac Incorporated $AFL
Wedbush Securities Inc. significantly increased its stake in Aflac Incorporated by 126.1% in the third quarter, acquiring an additional 11,903 shares and bringing its total holdings to 21,345 shares valued at approximately $2.384 million. This move comes as Aflac reported mixed quarterly results, missing EPS estimates but exceeding revenue expectations despite a 9.6% year-over-year revenue decline. The article also notes recent insider selling and a consensus “Hold” rating from analysts for the stock.