Corebridge Financial (NYSE:CRBG) Major Shareholder Purchases $5,591,448.24 in Stock

Posted by Caroline Horne on Oct 24th, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon acquired 162,024 shares of the company’s stock in a transaction dated Monday, October 19th. The shares were bought at an average cost of $34.51 per share, with a total value of $5,591,448.24. Following the completion of the acquisition, the insider directly owned 130,010,127 shares in the company, valued at $4,486,649,482.77. The trade was a 0.12% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

On Wednesday, October 21st, Life Insurance Co Nippon acquired 217,182 shares of Corebridge Financial stock. The stock was bought at an average price of $35.38 per share, with a total value of $7,683,899.16.
On Tuesday, October 20th, Life Insurance Co Nippon bought 193,357 shares of Corebridge Financial stock. The stock was bought at an average cost of $35.01 per share, for a total transaction of $6,769,428.57.
On Friday, October 16th, Life Insurance Co Nippon purchased 347,195 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.71 per share, for a total transaction of $12,051,138.45.
On Thursday, October 15th, Life Insurance Co Nippon purchased 510,873 shares of Corebridge Financial stock. The stock was acquired at an average cost of $33.43 per share, for a total transaction of $17,078,484.39.
On Wednesday, October 14th, Life Insurance Co Nippon bought 602,103 shares of Corebridge Financial stock. The shares were 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 acquired 253,776 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.68 per share, for a total transaction of $8,800,951.68.
On Monday, October 12th, Life Insurance Co Nippon bought 143,190 shares of Corebridge Financial stock. The shares were acquired at an average price of $34.49 per share, for a total transaction of $4,938,623.10.
On Friday, October 9th, Life Insurance Co Nippon bought 336,750 shares of Corebridge Financial stock. The shares were bought at an average price of $34.07 per share, for a total transaction of $11,473,072.50.
On Thursday, October 8th, Life Insurance Co Nippon bought 261,198 shares of Corebridge Financial stock. The stock was purchased at an average price of $34.30 per share, for a total transaction of $8,959,091.40.
On Wednesday, October 7th, Life Insurance Co Nippon purchased 606,912 shares of Corebridge Financial stock. The shares were bought at an average price of $34.40 per share, with a total value of $20,877,772.80.

Corebridge Financial Trading Down 4.1%

CRBG opened at $34.15 on Friday. The business has a fifty day simple moving average of $33.92 and a 200-day simple moving average of $30.59. Corebridge Financial, Inc. has a 52 week low of $22.19 and a 52 week high of $35.64. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.14. The firm has a market cap of $15.22 billion, a P/E ratio of 19.97, a P/E/G ratio of 0.51 and a beta of 1.07.

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, beating the consensus estimate of $1.08 by $0.04. Corebridge Financial had a net margin of 4.37% and a return on equity of 17.37%. The company had revenue of $4.30 billion during the quarter, compared to analysts’ expectations of $4.66 billion. During the same quarter last year, the company posted $1.36 EPS. On average, equities analysts expect that Corebridge Financial, Inc. will post 4.59 earnings per share for the current 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 dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Wednesday, September 16th. Corebridge Financial’s dividend payout ratio (DPR) is presently 58.48%.

Wall Street Analyst Weigh In

CRBG has been the subject of several analyst reports. Mizuho upped their target price on shares of Corebridge Financial from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Wednesday, October 7th. UBS Group boosted their price target on Corebridge Financial from $32.00 to $36.00 and gave the company a “neutral” rating in a research note on Tuesday, October 6th. Piper Sandler increased their price objective on shares of Corebridge Financial from $38.00 to $40.00 and gave the stock an “overweight” rating in a research report on Monday, October 12th. Jefferies Financial Group boosted their target price on shares of Corebridge Financial from $43.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Finally, TD Cowen raised their target price on Corebridge Financial from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $39.00.

View Our Latest Stock Report on CRBG

Hedge Funds Weigh In On Corebridge Financial

Several large investors have recently added to or reduced their stakes in CRBG. Farther Finance Advisors LLC grew its holdings in Corebridge Financial by 11.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,583 shares of the company’s stock valued at $185,000 after purchasing an additional 590 shares during the last quarter. Allworth Financial LP boosted its stake in Corebridge Financial by 100.6% during the 2nd quarter. Allworth Financial LP now owns 1,444 shares of the company’s stock worth $41,000 after purchasing an additional 724 shares during the period. GAMMA Investing LLC boosted its stake in shares of Corebridge Financial by 15.8% in the third quarter. GAMMA Investing LLC now owns 5,836 shares of the company’s stock valued at $193,000 after buying an additional 796 shares in the last quarter. State of Wyoming raised its stake in shares of Corebridge Financial by 16.1% during the 1st quarter. State of Wyoming now owns 5,919 shares of the company’s stock worth $141,000 after buying an additional 823 shares during the last quarter. Finally, Corient Private Wealth LP grew its stake in Corebridge Financial by 1.2% in the 2nd quarter. Corient Private Wealth LP now owns 72,562 shares of the company’s stock worth $2,077,000 after acquiring an additional 858 shares during the period. Hedge funds and other institutional investors own 98.25% of the company’s stock.

Corebridge Financial News Summary

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

Positive Sentiment: Major shareholder Nippon Life continued buying CRBG shares. Nippon acquired 217,182 shares for approximately $7.7 million on October 21, following purchases of 193,357 shares for about $6.8 million on October 20 and 162,024 shares for roughly $5.6 million on October 19. The repeated buying signals confidence from a shareholder that now owns more than 130 million shares. SEC ownership filing
Positive Sentiment: TD Cowen raised its CRBG price target from $38 to $40 and maintained a “Buy” rating. The target increase reinforces the favorable analyst outlook and suggests additional potential upside. TD Cowen raises Corebridge Financial price target
Positive Sentiment: Other analysts remain constructive. Piper Sandler also set a $40 target with an “Overweight” rating, while Keefe, Bruyette & Woods has a $43 target and “Outperform” rating. The broader consensus is “Moderate Buy,” with an average target of $39.
Neutral Sentiment: Recent earnings were mixed. Corebridge beat quarterly EPS expectations, reporting $1.12 versus the $1.08 consensus, but revenue of $4.30 billion missed estimates of $4.66 billion and EPS declined from $1.36 a year earlier. These results may temper enthusiasm until the next report.
Neutral Sentiment: CRBG is trading near its annual high and above its key moving averages. That strong momentum supports the long-term case but may also encourage short-term investors to lock in gains, potentially explaining the recent weakness despite positive insider activity.
Neutral Sentiment: The $0.25 quarterly dividend remains in place, equating to a $1.00 annualized payout and an approximately 2.8% yield, providing ongoing income support.

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.