Corebridge Financial (NYSE:CRBG) Stock: Insider Life Insurance Co Nippon Buys 272,208 Shares

October 6, 2026 by InsiderTrades.com

Key Points

Life Insurance Co Nippon bought 272,208 Corebridge Financial shares at an average price of $33.07, investing approximately $9.0 million and increasing its stake to 126.4 million shares. The purchase continues a series of acquisitions totaling several million shares in recent weeks.
Corebridge shares opened at $34.83, near their 52-week high of $35.64, with a market capitalization of $15.52 billion. The company recently reported quarterly EPS of $1.12, exceeding analyst expectations of $1.08.
Analysts maintain a “Moderate Buy” consensus, with nine Buy ratings and six Holds and an average price target of $37.42. Corebridge also pays a quarterly dividend of $0.25 per share, representing a 2.9% yield.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon bought 272,208 shares of the company's stock in a transaction on Thursday, October 1st. The shares were bought at an average cost of $33.07 per share, for a total transaction of $9,001,918.56. Following the transaction, the insider owned 126,416,895 shares in the company, valued at $4,180,606,717.65. The trade was a 0.22% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions 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 30th, Life Insurance Co Nippon acquired 348,215 shares of Corebridge Financial stock. The stock was bought at an average cost of $33.65 per share, with a total value of $11,717,434.75.
On Tuesday, September 29th, Life Insurance Co Nippon bought 216,818 shares of Corebridge Financial stock. The shares were purchased at an average cost of $33.67 per share, for a total transaction of $7,300,262.06.
On Monday, September 28th, Life Insurance Co Nippon bought 805,782 shares of Corebridge Financial stock. The shares were bought at an average cost of $34.15 per share, with a total value of $27,517,455.30.
On Friday, September 25th, Life Insurance Co Nippon bought 178,840 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.52 per share, with a total value of $6,173,556.80.
On Thursday, September 24th, Life Insurance Co Nippon bought 258,878 shares of Corebridge Financial stock. The stock was bought at an average cost of $33.85 per share, with a total value of $8,763,020.30.
On Wednesday, September 23rd, Life Insurance Co Nippon acquired 219,273 shares of Corebridge Financial stock. The stock was acquired 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 acquired 296,868 shares of Corebridge Financial stock. The stock was bought at an average price of $34.31 per share, for a total transaction of $10,185,541.08.
On Monday, September 21st, Life Insurance Co Nippon acquired 212,828 shares of Corebridge Financial stock. The stock was acquired 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 stock was bought 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, with a total value of $6,151,552.00.

Corebridge Financial Stock Performance

Shares of CRBG opened at $34.83 on Tuesday. The company has a market capitalization of $15.52 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 0.43 and a beta of 1.07. Corebridge Financial, Inc. has a 52-week low of $22.19 and a 52-week 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 50 day moving average price of $33.46 and a 200 day moving average price of $29.56.

Corebridge Financial (NYSE:CRBG - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $1.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.08 by $0.04. The firm had revenue of $4.30 billion during the quarter, compared to analysts' expectations of $4.66 billion. Corebridge Financial had a return on equity of 17.37% and a net margin of 4.37%.During the same period in the prior year, the firm earned $1.36 EPS. Research analysts predict that Corebridge Financial, Inc. will post 4.62 EPS for the current fiscal year.

Corebridge Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Wednesday, September 16th. Corebridge Financial's dividend payout ratio is 58.48%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Piper Sandler raised their price target 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 target price on Corebridge Financial from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, July 22nd. UBS Group boosted their target price on shares of Corebridge Financial from $29.00 to $32.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 8th. Weiss Ratings raised shares of Corebridge Financial from a "hold (c-)" rating to a "hold (c+)" rating in a report on Thursday, August 6th. Finally, Barclays lifted their price target on shares of Corebridge Financial from $30.00 to $33.00 and gave the company an "overweight" rating in a research report on Tuesday, July 7th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Corebridge Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of $37.42.

Get Our Latest Stock Analysis on CRBG

Institutional Inflows and Outflows

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

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 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.