Pres. Aflac Incorporated/CFO of AFLAC Inc. (AFL) Kriss Iii Cloninger sells 34,000 shares of AFL on 09/21/2012 at an average price of $48.36 a share.

Aflac Incorporated has a market cap of $22.56 billion; its shares were traded at around $48.31 with a P/E ratio of 7.4 and P/S ratio of 1. The dividend yield of Aflac Incorporated stocks is 2.7%. Aflac Incorporated had an annual average earning growth of 10.5% over the past 10 years. GuruFocus rated Aflac Incorporated the business predictability rank of 4-star.


This is the insider trade history vs. stock price of AFL. For the complete insider trading history of AFL, click here.

Directors and Officers Recent Trades:

• Sr Vice President Eric M Kirsch bought 1,875 shares of AFL stock on 05/18/2012 at the average price of 39.41. Eric M Kirsch owns at least 1,875 shares after this. The price of the stock has increased by 22.58% since.
• Director E Stephen Purdom sold 10,000 shares of AFL stock on 07/31/2012 at the average price of 43.59. E Stephen Purdom owns at least 236,363 shares after this. The price of the stock has increased by 10.83% since.
• Director Charles B Knapp sold 8,500 shares of AFL stock on 07/25/2012 at the average price of 41.36. Charles B Knapp owns at least 47,305 shares after this. The price of the stock has increased by 16.8% since.
• Director Barbara K Rimer sold 9,670 shares of AFL stock on 07/25/2012 at the average price of 41.39. Barbara K Rimer owns at least 7,540 shares after this. The price of the stock has increased by 16.72% since.
• Director John Shelby Amos Ii sold 10,000 shares of AFL stock on 07/25/2012 at the average price of 41.18. John Shelby Amos Ii owns at least 896,102 shares after this. The price of the stock has increased by 17.31% since.

For the complete insider trading history of AFL, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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