Corebridge Financial (NYSE:CRBG) Stock: Insider Life Insurance Co Nippon Acquires 347,195 Shares

Posted by Grant Hamersma on Oct 22nd, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon bought 347,195 shares of the firm’s stock in a transaction dated Friday, October 16th. The stock was purchased at an average cost of $34.71 per share, with a total value of $12,051,138.45. Following the transaction, the insider directly owned 129,848,103 shares in the company, valued at approximately $4,507,027,655.13. This represents a 0.27% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Life Insurance Co Nippon also recently made the following trade(s):

On Monday, October 19th, Life Insurance Co Nippon bought 162,024 shares of Corebridge Financial stock. The stock was purchased at an average price of $34.51 per share, with a total value of $5,591,448.24.
On Thursday, October 15th, Life Insurance Co Nippon acquired 510,873 shares of Corebridge Financial stock. The shares were purchased at an average cost of $33.43 per share, with a total value of $17,078,484.39.
On Wednesday, October 14th, Life Insurance Co Nippon bought 602,103 shares of Corebridge Financial stock. The stock was acquired at an average cost of $34.03 per share, for a total transaction of $20,489,565.09.
On Tuesday, October 13th, Life Insurance Co Nippon purchased 253,776 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.68 per share, with a total value of $8,800,951.68.
On Monday, October 12th, Life Insurance Co Nippon purchased 143,190 shares of Corebridge Financial stock. The shares were acquired at an average cost of $34.49 per share, with a total value of $4,938,623.10.
On Friday, October 9th, Life Insurance Co Nippon purchased 336,750 shares of Corebridge Financial stock. The shares were acquired at an average cost of $34.07 per share, with a total value of $11,473,072.50.
On Thursday, October 8th, Life Insurance Co Nippon acquired 261,198 shares of Corebridge Financial stock. The shares were acquired at an average cost of $34.30 per share, for a total transaction of $8,959,091.40.
On Wednesday, October 7th, Life Insurance Co Nippon acquired 606,912 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.40 per share, for a total transaction of $20,877,772.80.
On Tuesday, October 6th, Life Insurance Co Nippon acquired 116,345 shares of Corebridge Financial stock. The stock was acquired at an average price of $35.23 per share, for a total transaction of $4,098,834.35.
On Monday, October 5th, Life Insurance Co Nippon bought 65,711 shares of Corebridge Financial stock. The shares were acquired at an average cost of $34.75 per share, with a total value of $2,283,457.25.

Corebridge Financial Price Performance

Shares of NYSE CRBG opened at $35.30 on Thursday. The company has a 50 day simple moving average of $33.90 and a two-hundred day simple moving average of $30.48. Corebridge Financial, Inc. has a fifty-two week low of $22.19 and a fifty-two week high of $35.64. The company has a market capitalization of $15.74 billion, a price-to-earnings ratio of 8.03, a P/E/G ratio of 0.50 and a beta of 1.07. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.12 and a current ratio of 0.12.

Corebridge Financial (NYSE:CRBG – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.04. The firm had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.66 billion. Corebridge Financial had a return on equity of 17.37% and a net margin of 4.37%. During the same period in the previous year, the firm posted $1.36 EPS. Analysts expect that Corebridge Financial, Inc. will post 4.59 EPS for the current fiscal year.

Corebridge Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Wednesday, September 16th. Corebridge Financial’s payout ratio is currently 58.48%.

Hedge Funds Weigh In On Corebridge Financial

Several institutional investors have recently made changes to their positions in CRBG. Wellington Management Group LLP bought a new position in shares of Corebridge Financial in the second quarter worth approximately $99,469,000. WINTON GROUP Ltd purchased a new stake in shares of Corebridge Financial in the second quarter worth $1,729,000. Nykredit A S bought a new stake in shares of Corebridge Financial during the 2nd quarter valued at $1,347,000. Man Group plc bought a new stake in shares of Corebridge Financial during the 2nd quarter valued at $1,089,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Corebridge Financial during the 2nd quarter valued at $2,744,000. Institutional investors own 98.25% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. UBS Group lifted their target price on Corebridge Financial from $32.00 to $36.00 and gave the stock a “neutral” rating in a report on Tuesday, October 6th. Piper Sandler upped their target price on shares of Corebridge Financial from $38.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday, October 12th. Wells Fargo & Company upped their target price on shares of Corebridge Financial from $39.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday, October 12th. Mizuho raised their price target on shares of Corebridge Financial from $38.00 to $40.00 and gave the company an “outperform” rating in a report on Wednesday, October 7th. Finally, TD Cowen lifted their price objective on Corebridge Financial from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $39.00.

View Our Latest Research Report on CRBG

Key Headlines Impacting Corebridge Financial

Here are the key news stories impacting Corebridge Financial this week:

Positive Sentiment: TD Cowen raised its price target from $38 to $40 and reaffirmed a “Buy” rating. The new target implies roughly 13% upside from the referenced share price, strengthening the bullish analyst outlook.
Positive Sentiment: Wells Fargo also lifted its price target to $40 and maintained a favorable view of the retirement and insurance provider. Wells Fargo raises target for Corebridge Financial stock to USD 40.00
Positive Sentiment: Life Insurance Co Nippon continued its aggressive accumulation of CRBG shares. The major shareholder bought 347,195 shares for approximately $12.1 million on October 16 and another 162,024 shares for about $5.6 million on October 19. These purchases follow several earlier acquisitions in October, signaling continued confidence from a shareholder with more than 130 million shares. Insider Buying: Corebridge Financial Major Shareholder Buys Stock
Positive Sentiment: CRBG is trading near its 52-week high and above both its 50-day and 200-day moving averages, reflecting strong recent momentum. The company also recently exceeded quarterly EPS expectations, reporting $1.12 versus the $1.08 consensus estimate.
Neutral Sentiment: Despite the earnings beat, quarterly revenue of $4.30 billion was below the $4.66 billion consensus estimate, while EPS declined from $1.36 in the year-ago period. This may limit enthusiasm ahead of the next earnings report.

Corebridge Financial Company Profile

(Get Free Report)

Corebridge Financial, Inc (NYSE: CRBG) is a provider of retirement solutions and insurance products in the United States. The company serves individuals, employers and institutions through offerings designed to support retirement savings, income planning and financial protection.

Its products and services include individual and group retirement plans, annuities, life insurance and institutional retirement solutions. Corebridge also provides investment and administrative services associated with retirement plans, helping employers and employees manage long-term savings and retirement income needs.

Corebridge was established through the separation of American International Group’s (AIG) Life and Retirement business and began operating as an independent publicly traded company in 2022.