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D.A. Davidson & CO. Purchases 27,751 Shares of Aflac Incorporated $AFL
D.A. Davidson & CO. significantly increased its stake in Aflac Incorporated by 77.3% in the fourth quarter, purchasing an additional 27,751 shares to hold a total of 63,646 shares valued at $7.02 million. This increase in institutional ownership comes amidst major insider selling, with Post Holdings Co. Ltd. Japan selling over 86,000 shares, and Aflac missing its Q4 EPS estimates. The stock currently holds an average “Hold” rating from analysts with an average target price of $111.82.