Insider Buying: Corebridge Financial (NYSE:CRBG) Major Shareholder Buys 246,440 Shares of Company Stock

Posted by Geri Gentry on Oct 26th, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon acquired 246,440 shares of the firm’s stock in a transaction dated Thursday, October 22nd. The shares were acquired at an average price of $35.15 per share, for a total transaction of $8,662,366.00. Following the acquisition, the insider directly owned 130,667,106 shares of the company’s stock, valued at approximately $4,592,948,775.90. The trade was a 0.19% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases 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 acquired at an average cost 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 acquired at an average price of $35.01 per share, with a total value of $6,769,428.57.
On Monday, October 19th, Life Insurance Co Nippon bought 162,024 shares of Corebridge Financial stock. The stock was acquired 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 acquired at an average cost 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 price of $33.43 per share, with a total value of $17,078,484.39.
On Wednesday, October 14th, Life Insurance Co Nippon purchased 602,103 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.03 per share, with a total value of $20,489,565.09.
On Tuesday, October 13th, Life Insurance Co Nippon acquired 253,776 shares of Corebridge Financial stock. The shares were bought at an average cost of $34.68 per share, with a total value of $8,800,951.68.
On Monday, October 12th, Life Insurance Co Nippon acquired 143,190 shares of Corebridge Financial stock. The shares were bought 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 acquired 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 bought at an average cost of $34.30 per share, for a total transaction of $8,959,091.40.

Corebridge Financial Trading Up 1.6%

Corebridge Financial stock traded up $0.55 during trading on Monday, reaching $34.68. The company had a trading volume of 3,524,803 shares, compared to its average volume of 5,340,487. Corebridge Financial, Inc. has a 12-month low of $22.19 and a 12-month high of $35.64. The stock’s 50 day moving average price is $33.92 and its two-hundred day moving average price is $29.73. The firm has a market capitalization of $15.46 billion, a price-to-earnings ratio of 7.85, a PEG ratio of 0.49 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 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 firm had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.66 billion. During the same quarter in the prior year, the business posted $1.36 earnings per share. As a group, equities analysts expect that Corebridge Financial, Inc. will post 4.59 earnings per share for the current fiscal year.

Corebridge Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were 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 was Wednesday, September 16th. Corebridge Financial’s dividend payout ratio (DPR) is 58.48%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its holdings in shares of 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 acquiring an additional 590 shares in the last quarter. Allworth Financial LP increased its holdings in Corebridge Financial by 100.6% in the 2nd quarter. Allworth Financial LP now owns 1,444 shares of the company’s stock valued at $41,000 after purchasing an additional 724 shares in the last quarter. GAMMA Investing LLC increased its holdings in Corebridge Financial by 15.8% in the 3rd quarter. GAMMA Investing LLC now owns 5,836 shares of the company’s stock valued at $193,000 after purchasing an additional 796 shares in the last quarter. State of Wyoming increased its holdings in Corebridge Financial by 16.1% in the 1st quarter. State of Wyoming now owns 5,919 shares of the company’s stock valued at $141,000 after purchasing an additional 823 shares in the last quarter. Finally, Corient Private Wealth LP raised its position in Corebridge Financial by 1.2% in the second quarter. Corient Private Wealth LP now owns 72,562 shares of the company’s stock valued at $2,077,000 after purchasing an additional 858 shares during the period. 98.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. UBS Group upped their price objective on Corebridge Financial from $32.00 to $36.00 and gave the stock a “neutral” rating in a report on Tuesday, October 6th. Weiss Ratings raised Corebridge Financial from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. TD Cowen lifted their target price on Corebridge Financial from $38.00 to $40.00 and gave the company a “buy” rating in a report on Wednesday, October 21st. Mizuho boosted their price target on Corebridge Financial from $38.00 to $40.00 and gave the company an “outperform” rating in a research report on Wednesday, October 7th. Finally, Jefferies Financial Group boosted their price target on Corebridge Financial from $43.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $39.00.

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About Corebridge Financial

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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.