Corebridge Financial (NYSE:CRBG) Major Shareholder Purchases $17,078,484.39 in Stock

Posted by Brian Himes on Oct 22nd, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon bought 510,873 shares of the business’s stock in a transaction on Thursday, October 15th. The stock was bought at an average price of $33.43 per share, for a total transaction of $17,078,484.39. Following the transaction, the insider directly owned 129,500,908 shares of the company’s stock, valued at approximately $4,329,215,354.44. This represents a 0.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Monday, October 19th, Life Insurance Co Nippon purchased 162,024 shares of Corebridge Financial stock. The shares were bought at an average price of $34.51 per share, with a total value of $5,591,448.24.
On Friday, October 16th, Life Insurance Co Nippon purchased 347,195 shares of Corebridge Financial stock. The stock was purchased at an average price of $34.71 per share, with a total value of $12,051,138.45.
On Wednesday, October 14th, Life Insurance Co Nippon acquired 602,103 shares of Corebridge Financial stock. The shares were purchased 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 shares were purchased at an average cost of $34.68 per share, for a total transaction of $8,800,951.68.
On Monday, October 12th, Life Insurance Co Nippon acquired 143,190 shares of Corebridge Financial stock. The shares were purchased 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 stock was purchased 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 bought 261,198 shares of Corebridge Financial stock. The stock was purchased at an average cost of $34.30 per share, with a total value of $8,959,091.40.
On Wednesday, October 7th, Life Insurance Co Nippon bought 606,912 shares of Corebridge Financial stock. The stock was purchased at an average price of $34.40 per share, with a total value of $20,877,772.80.
On Tuesday, October 6th, Life Insurance Co Nippon bought 116,345 shares of Corebridge Financial stock. The stock was purchased at an average price of $35.23 per share, with a total value of $4,098,834.35.
On Monday, October 5th, Life Insurance Co Nippon purchased 65,711 shares of Corebridge Financial stock. The shares were purchased at an average cost of $34.75 per share, for a total transaction of $2,283,457.25.

Corebridge Financial Stock Performance

NYSE:CRBG opened at $35.30 on Thursday. The stock has a market cap of $15.74 billion, a P/E ratio of 8.03, a price-to-earnings-growth ratio of 0.50 and a beta of 1.07. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.14. The stock’s 50-day moving average is $33.90 and its 200-day moving average is $30.48. Corebridge Financial, Inc. has a 1-year low of $22.19 and a 1-year high of $35.64.

Corebridge Financial (NYSE:CRBG – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.12 earnings per share (EPS) for the quarter, beating 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 company had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.66 billion. During the same quarter in the prior year, the firm posted $1.36 earnings per share. Equities research analysts anticipate that Corebridge Financial, Inc. will post 4.59 earnings per share for the current year.

Corebridge Financial Dividend Announcement

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

Institutional Investors Weigh In On Corebridge Financial

Several large investors have recently modified their holdings of the company. Net Worth Advisory Group lifted its holdings in Corebridge Financial by 16.0% in the third quarter. Net Worth Advisory Group now owns 8,323 shares of the company’s stock valued at $280,000 after buying an additional 1,149 shares during the period. State of Alaska Department of Revenue grew its holdings in Corebridge Financial by 5.0% during the 3rd quarter. State of Alaska Department of Revenue now owns 24,915 shares of the company’s stock worth $825,000 after acquiring an additional 1,196 shares during the period. Sound Income Strategies LLC grew its holdings in Corebridge Financial by 1.8% during the 3rd quarter. Sound Income Strategies LLC now owns 553,544 shares of the company’s stock worth $19,070,000 after acquiring an additional 9,980 shares during the period. GAMMA Investing LLC grew its holdings in Corebridge Financial by 15.8% during the 3rd quarter. GAMMA Investing LLC now owns 5,836 shares of the company’s stock worth $193,000 after acquiring an additional 796 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of Corebridge Financial by 11.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,583 shares of the company’s stock worth $185,000 after acquiring an additional 590 shares in the last quarter. 98.25% of the stock is currently owned by institutional investors and hedge funds.

Corebridge Financial News Roundup

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.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. UBS Group increased their price objective on Corebridge Financial from $32.00 to $36.00 and gave the company a “neutral” rating in a report on Tuesday, October 6th. Piper Sandler lifted their target price on Corebridge Financial from $38.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, October 12th. Wells Fargo & Company lifted their target price on Corebridge Financial from $39.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, October 12th. Barclays upped their price target on Corebridge Financial from $33.00 to $39.00 and gave the company an “overweight” rating in a research report on Wednesday, October 7th. Finally, Weiss Ratings raised Corebridge Financial from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $39.00.

View Our Latest Analysis on CRBG

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.