Corebridge Financial (NYSE:CRBG) Hits New 12-Month High Following Insider Buying Activity

Posted by Brenda Bartman on Sep 19th, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report)’s stock price reached a new 52-week high on Thursday after an insider bought additional shares in the company. The stock traded as high as $35.43 and last traded at $34.8720, with a volume of 5874540 shares traded. The stock had previously closed at $35.02.

Specifically, major shareholder Life Insurance Co Nippon purchased 210,903 shares of Corebridge Financial stock in a transaction on Tuesday, September 15th. The shares were bought at an average price of $35.02 per share, with a total value of $7,385,823.06. Following the completion of the acquisition, the insider directly owned 122,980,307 shares of the company’s stock, valued at approximately $4,306,770,351.14. This trade represents a 0.17% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Life Insurance Co Nippon purchased 295,967 shares of the stock in a transaction dated Monday, September 14th. The stock was acquired at an average price of $34.86 per share, for a total transaction of $10,317,409.62. Following the completion of the transaction, the insider directly owned 122,769,404 shares of the company’s stock, valued at approximately $4,279,741,423.44. The trade was a 0.24% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In other Corebridge Financial news, major shareholder Life Insurance Co Nippon acquired 176,300 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was acquired at an average cost of $34.01 per share, with a total value of $5,995,963.00. Following the purchase, the insider directly owned 122,302,293 shares in the company, valued at approximately $4,159,500,984.93. This trade represents a 0.14% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Piper Sandler upped their target price on Corebridge Financial from $36.00 to $38.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. TD Cowen boosted their price target on Corebridge Financial from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Jefferies Financial Group upped their price objective on Corebridge Financial from $43.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Wells Fargo & Company increased their price objective on Corebridge Financial from $36.00 to $39.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Finally, Barclays lifted their price objective on Corebridge Financial from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Corebridge Financial has an average rating of “Moderate Buy” and a consensus price target of $37.42.

View Our Latest Stock Report on Corebridge Financial

Corebridge Financial Stock Up 0.0%

The company has a debt-to-equity ratio of 0.14, a current ratio of 0.12 and a quick ratio of 0.12. The stock has a market cap of $15.55 billion, a price-to-earnings ratio of 20.40, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The firm’s 50-day moving average is $32.88 and its 200 day moving average is $28.80.

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

Corebridge Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, September 16th. Corebridge Financial’s dividend payout ratio (DPR) is 58.48%.

Hedge Funds Weigh In On Corebridge Financial

Several hedge funds and other institutional investors have recently modified their holdings of CRBG. Sequoia Financial Advisors LLC raised its holdings in Corebridge Financial by 23.7% in the second quarter. Sequoia Financial Advisors LLC now owns 14,676 shares of the company’s stock valued at $420,000 after buying an additional 2,814 shares during the period. Tidal Investments LLC increased its position in shares of Corebridge Financial by 42.8% in the second quarter. Tidal Investments LLC now owns 93,351 shares of the company’s stock worth $2,673,000 after acquiring an additional 27,992 shares in the last quarter. National Pension Service increased its position in shares of Corebridge Financial by 83.2% in the second quarter. National Pension Service now owns 20,647 shares of the company’s stock worth $591,000 after acquiring an additional 9,375 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in shares of Corebridge Financial in the second quarter worth $1,729,000. Finally, Engineers Gate Manager LP purchased a new position in shares of Corebridge Financial in the 2nd quarter valued at $4,186,000. 98.25% of the stock is owned by institutional investors and hedge funds.

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, financial professionals and institutional clients through a range of businesses focused on helping customers build, preserve and receive income from their assets.

Its products and services include individual and group annuities, retirement plan solutions, life insurance and institutional insurance offerings. Corebridge also provides investment, recordkeeping and related administrative services for workplace retirement plans, as well as solutions designed to support financial institutions and other institutional customers.

Corebridge was established through the separation of American International Group’s life and retirement business and began operating as an independent publicly traded company in 2022.