Corebridge Financial (NYSE:CRBG) Stock: Insider Life Insurance Co Nippon Buys 602,103 Shares

Posted by Jessica Moore on Oct 16th, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon purchased 602,103 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The stock was bought at an average cost of $34.03 per share, for a total transaction of $20,489,565.09. Following the purchase, the insider owned 128,990,035 shares in the company, valued at $4,389,530,891.05. This represents a 0.47% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% 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 Tuesday, October 13th, Life Insurance Co Nippon purchased 253,776 shares of Corebridge Financial stock. The stock was bought 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 acquired 143,190 shares of Corebridge Financial stock. The shares were bought at an average price of $34.49 per share, with a total value 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 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 price of $34.30 per share, for a total transaction 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, for a total transaction 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 cost of $35.23 per share, for a total transaction of $4,098,834.35.
On Monday, October 5th, Life Insurance Co Nippon bought 65,711 shares of Corebridge Financial stock. The stock was purchased at an average cost of $34.75 per share, for a total transaction of $2,283,457.25.
On Friday, October 2nd, Life Insurance Co Nippon bought 187,155 shares of Corebridge Financial stock. The shares were purchased at an average price of $34.27 per share, with a total value of $6,413,801.85.
On Thursday, October 1st, Life Insurance Co Nippon purchased 272,208 shares of Corebridge Financial stock. The shares were purchased at an average cost of $33.07 per share, with a total value of $9,001,918.56.
On Wednesday, September 30th, Life Insurance Co Nippon purchased 348,215 shares of Corebridge Financial stock. The shares were purchased at an average cost of $33.65 per share, with a total value of $11,717,434.75.

Corebridge Financial Price Performance

NYSE:CRBG traded down $0.04 on Friday, reaching $34.38. The stock had a trading volume of 6,036,644 shares, compared to its average volume of 4,993,111. The company has a market capitalization of $15.33 billion, a P/E ratio of 20.11, a price-to-earnings-growth ratio of 0.48 and a beta of 1.07. Corebridge Financial, Inc. has a 1-year low of $22.19 and a 1-year 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 stock has a fifty day moving average price of $33.82 and a 200-day moving average price of $30.17.

Corebridge Financial (NYSE:CRBG – Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.66 billion. Corebridge Financial had a net margin of 4.37% and a return on equity of 17.37%. During the same period in the prior year, the firm earned $1.36 earnings per share. Research analysts forecast that Corebridge Financial, Inc. will post 4.62 EPS for the current year.

Corebridge Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Wednesday, September 16th. Corebridge Financial’s payout ratio is presently 58.48%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group raised their price target on Corebridge Financial from $43.00 to $45.00 and gave the company a “buy” rating in a report on Friday, July 10th. Weiss Ratings raised Corebridge Financial from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Zacks Research raised Corebridge Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. UBS Group increased their target price on Corebridge Financial from $32.00 to $36.00 and gave the stock a “neutral” rating in a report on Tuesday, October 6th. Finally, Mizuho raised their target price on Corebridge Financial from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Wednesday, October 7th. 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.com, the stock has an average rating of “Moderate Buy” and an average target price of $38.83.

Check Out Our Latest Stock Report on CRBG

Hedge Funds Weigh In On Corebridge Financial

Large investors have recently modified their holdings of the stock. 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. acquired a new position in Corebridge Financial during the 2nd quarter worth $726,494,000. Donald Smith & CO. Inc. acquired a new position in Corebridge Financial during the 2nd quarter worth $168,134,000. Davis Asset Management L.P. acquired a new position in Corebridge Financial during the 2nd quarter worth $166,054,000. Finally, Wellington Management Group LLP bought a new position in Corebridge Financial in the 2nd quarter valued at $99,469,000. 98.25% of the stock is currently owned by institutional investors and hedge funds.

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 institutional clients through businesses focused on retirement services, life insurance and institutional markets.

Its offerings include fixed, variable and registered index-linked annuities; individual life insurance; employer-sponsored retirement plans; and investment, funding and risk-management solutions for institutions.