Insider Buying: Corebridge Financial (NYSE:CRBG) Major Shareholder Acquires 258,878 Shares of Company Stock

September 29, 2026 by InsiderTrades.com

Key Points

Life Insurance Co Nippon purchased 258,878 Corebridge Financial shares at an average price of $33.85, spending approximately $8.76 million. Its holdings rose 0.21% to 124.6 million shares valued at about $4.22 billion.
The purchase extends a series of acquisitions throughout September, with Nippon buying millions of dollars in Corebridge stock on multiple trading days and signaling continued accumulation by the major shareholder.
Corebridge reported quarterly EPS of $1.12, exceeding estimates, and recently declared a $0.25 quarterly dividend. Analysts have a “Moderate Buy” consensus with an average price target of $37.42, above the stock’s reported $33.76 price.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon bought 258,878 shares of Corebridge Financial stock in a transaction that occurred on Thursday, September 24th. The stock was purchased at an average cost of $33.85 per share, for a total transaction of $8,763,020.30. Following the purchase, the insider owned 124,595,032 shares of the company's stock, valued at $4,217,541,833.20. The trade was a 0.21% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Jackson’s Record Quarter Powers the Bull Case

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

On Wednesday, September 23rd, Life Insurance Co Nippon purchased 219,273 shares of Corebridge Financial stock. The shares were purchased at an average price of $34.13 per share, for a total transaction of $7,483,787.49.
On Tuesday, September 22nd, Life Insurance Co Nippon purchased 296,868 shares of Corebridge Financial stock. The shares were purchased at an average cost of $34.31 per share, with a total value of $10,185,541.08.
On Monday, September 21st, Life Insurance Co Nippon acquired 212,828 shares of Corebridge Financial stock. The stock was purchased at an average price of $35.08 per share, with a total value of $7,466,006.24.
On Friday, September 18th, Life Insurance Co Nippon acquired 131,333 shares of Corebridge Financial stock. The shares were purchased at an average price of $34.88 per share, for a total transaction of $4,580,895.04.
On Thursday, September 17th, Life Insurance Co Nippon acquired 174,760 shares of Corebridge Financial stock. The shares were purchased at an average cost of $35.20 per share, for a total transaction of $6,151,552.00.
On Wednesday, September 16th, Life Insurance Co Nippon bought 320,785 shares of Corebridge Financial stock. The stock was purchased at an average price of $35.02 per share, with a total value of $11,233,890.70.
On Tuesday, September 15th, Life Insurance Co Nippon bought 210,903 shares of Corebridge Financial stock. The stock was purchased at an average price of $35.02 per share, with a total value of $7,385,823.06.
On Monday, September 14th, Life Insurance Co Nippon bought 295,967 shares of Corebridge Financial stock. The stock was purchased at an average cost of $34.86 per share, with a total value of $10,317,409.62.
On Thursday, September 10th, Life Insurance Co Nippon purchased 176,300 shares of Corebridge Financial stock. The shares were acquired at an average price of $34.01 per share, for a total transaction of $5,995,963.00.
On Wednesday, September 9th, Life Insurance Co Nippon purchased 136,466 shares of Corebridge Financial stock. The shares were acquired at an average cost of $33.78 per share, for a total transaction of $4,609,821.48.

Corebridge Financial Trading Down 3.2%

CRBG stock opened at $33.76 on Tuesday. Corebridge Financial, Inc. has a one year low of $22.19 and a one year high of $35.64. The company has a market capitalization of $15.05 billion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The company's 50 day moving average price is $33.21 and its two-hundred day moving average price is $29.19. 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 released its earnings results on Wednesday, August 5th. The company reported $1.12 EPS for the quarter, beating 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 company had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.66 billion. During the same quarter last year, the firm earned $1.36 EPS. As a group, analysts predict that Corebridge Financial, Inc. will post 4.61 earnings per share for the current fiscal year.

Corebridge Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.0%. The ex-dividend date is Wednesday, September 16th. Corebridge Financial's dividend payout ratio is presently 58.48%.

Institutional Trading of Corebridge Financial

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

Analysts Set New Price Targets

Several research firms have recently commented on CRBG. 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 report on Tuesday, August 11th. Piper Sandler increased their target price on Corebridge Financial from $36.00 to $38.00 and gave the company an "overweight" rating in a report on Wednesday, August 12th. TD Cowen raised their price target on Corebridge Financial from $35.00 to $38.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. Weiss Ratings raised Corebridge Financial from a "hold (c-)" rating to a "hold (c+)" rating in a research note on Thursday, August 6th. Finally, Mizuho boosted their price objective on Corebridge Financial from $35.00 to $36.00 and gave the company an "outperform" rating in a research report on Thursday, July 9th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, Corebridge Financial has an average rating of "Moderate Buy" and an average target price of $37.42.

Read Our Latest Stock Report 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, 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.