Aflac Shares Are 13.8% Overvalued, Insiders Sell $67.6 Million Amid Analyst Caution

Aflac is trading 13.8% above its estimated intrinsic value of $97.79, according to GuruFocus’s GF Value™ model, even as insiders have sold $67.6 million in shares over the past three months. At a current price of $111.28, the stock offers little margin of safety for new investors. On April 13, 2026, Mizuho analyst Yaron Kinar maintained an Underperform rating on Aflac (AFL) and lowered the price target from $107 to $102, a 4.67% reduction. The P/E (TTM) ratio of 16.17x sits well above the company’s 5-year median of 9.94x, reinforcing concerns about overvaluation. While Aflac’s GF Score™ of 74/100 indicates solid performance relative to peers—driven by profitability and valuation—its financial strength and growth scores remain below average. With analysts cautious, valuation stretched, and insiders actively selling, retail investors face elevated risk at current levels.