Corebridge Financial (NYSE:CRBG) Stock: Insider Life Insurance Co Nippon Purchases 246,521 Shares

Posted by Brenda Bartman on Nov 4th, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon purchased 246,521 shares of the firm’s stock in a transaction on Thursday, October 29th. The stock was bought at an average cost of $35.50 per share, for a total transaction of $8,751,495.50. Following the completion of the purchase, the insider directly owned 132,116,089 shares in the company, valued at approximately $4,690,121,159.50. This trade represents a 0.19% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 Friday, October 30th, Life Insurance Co Nippon acquired 227,773 shares of Corebridge Financial stock. The stock was bought at an average price of $34.62 per share, with a total value of $7,885,501.26.
On Wednesday, October 28th, Life Insurance Co Nippon acquired 245,898 shares of Corebridge Financial stock. The shares were bought at an average cost of $35.26 per share, with a total value of $8,670,363.48.
On Tuesday, October 27th, Life Insurance Co Nippon acquired 178,129 shares of Corebridge Financial stock. The shares were bought at an average cost of $35.14 per share, with a total value of $6,259,453.06.
On Monday, October 26th, Life Insurance Co Nippon bought 182,826 shares of Corebridge Financial stock. The stock was purchased at an average price of $34.95 per share, for a total transaction of $6,389,768.70.
On Friday, October 23rd, Life Insurance Co Nippon bought 595,609 shares of Corebridge Financial stock. The stock was purchased at an average price of $33.97 per share, for a total transaction of $20,232,837.73.
On Thursday, October 22nd, Life Insurance Co Nippon bought 246,440 shares of Corebridge Financial stock. The stock was purchased at an average cost of $35.15 per share, for a total transaction of $8,662,366.00.
On Wednesday, October 21st, Life Insurance Co Nippon purchased 217,182 shares of Corebridge Financial stock. The shares were purchased 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 purchased 193,357 shares of Corebridge Financial stock. The shares were purchased 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 purchased 162,024 shares of Corebridge Financial stock. The shares were purchased at an average cost 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 shares were purchased at an average cost of $34.71 per share, with a total value of $12,051,138.45.

Corebridge Financial Price Performance

Shares of Corebridge Financial stock opened at $35.81 on Wednesday. The firm has a market cap of $15.96 billion, a PE ratio of 7.60, a price-to-earnings-growth ratio of 0.50 and a beta of 1.05. Corebridge Financial, Inc. has a 12-month low of $22.19 and a 12-month high of $36.56. 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 company’s fifty day simple moving average is $34.26 and its two-hundred day simple moving average is $29.90.

Corebridge Financial (NYSE:CRBG – Get Free Report) last released its quarterly earnings data on Monday, November 2nd. The company reported $1.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.01). The firm had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $5.36 billion. Corebridge Financial had a net margin of 11.37% and a return on equity of 18.51%. Corebridge Financial’s revenue was down 20.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.96 EPS. As a group, equities analysts expect that Corebridge Financial, Inc. will post 4.59 EPS for the current year.

Corebridge Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Thursday, December 17th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, December 17th. Corebridge Financial’s payout ratio is currently 58.48%.

Corebridge Financial News Roundup

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

Positive Sentiment: Corebridge reported Q3 earnings of $1.22 per share, up from $0.96 a year earlier and essentially in line with Zacks’ consensus estimate. Management also cited its strongest annuity sales of the year, momentum in advisory, and a diversified business model. Corebridge Financial Announces Third Quarter 2026 Results
Positive Sentiment: Major shareholder Nippon Life made multiple open-market purchases, including about 246,500 shares for roughly $8.8 million. The ongoing buying may be seen as a signal of confidence, though it represents a small increase relative to its large existing stake. Nippon Life Share Purchase
Neutral Sentiment: Corebridge declared a quarterly dividend of $0.25 per share, or $1.00 annualized, for a stated yield of 2.8%. The payout may appeal to income investors but is not, by itself, a major change to the outlook. Dividend Announcement
Negative Sentiment: Revenue was $4.50 billion, below the $5.36 billion analyst estimate and down 20% year over year. A separate report flagged a roughly 29% decline in premiums and deposits, raising concerns about business volumes and future growth despite higher EPS. Corebridge Q3 Premiums and Deposits Report

Analyst Upgrades and Downgrades

CRBG has been the subject of a number of recent analyst reports. UBS Group upped their price target on Corebridge Financial from $32.00 to $36.00 and gave the company a “neutral” rating in a research report on Tuesday, October 6th. Keefe, Bruyette & Woods lifted their price objective on Corebridge Financial from $40.00 to $43.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. TD Cowen boosted their target price on Corebridge Financial from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, October 21st. Mizuho upped their target price on Corebridge Financial from $38.00 to $40.00 and gave the company an “outperform” rating in a report on Wednesday, October 7th. Finally, Barclays raised their price target on Corebridge Financial from $33.00 to $39.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $39.00.

View Our Latest Analysis on CRBG

Institutional Investors Weigh In On Corebridge Financial

A number of large investors have recently modified their holdings of CRBG. Pzena Investment Management LLC bought a new stake in shares of Corebridge Financial during the second quarter valued at approximately $967,400,000. BlackRock Inc. purchased a new stake in Corebridge Financial in the second quarter worth $726,494,000. Dimensional Fund Advisors LP grew its stake in Corebridge Financial by 43.5% in the first quarter. Dimensional Fund Advisors LP now owns 8,870,085 shares of the company’s stock worth $211,575,000 after purchasing an additional 2,689,611 shares during the period. Donald Smith & CO. Inc. purchased a new stake in Corebridge Financial in the second quarter worth $168,134,000. Finally, Davis Asset Management L.P. bought a new position in Corebridge Financial in the second quarter worth $166,054,000. Institutional investors own 98.25% of the company’s stock.

About Corebridge Financial

(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.