Corebridge Financial (NYSE:CRBG) Major Shareholder Purchases 187,155 Shares of Stock

October 7, 2026 by InsiderTrades.com

Key Points

Major shareholder Life Insurance Co Nippon bought 187,155 Corebridge Financial shares at an average price of $34.27, investing approximately $6.4 million and increasing its ownership by 0.15% to more than 126.6 million shares.
Corebridge shares opened at $35.15, near their 52-week high of $35.64. The company recently reported quarterly EPS of $1.12, beating estimates, and pays a quarterly dividend of $0.25 per share, yielding about 2.8% annually.
Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating from 15 analysts and an average price target of $37.75; institutional investors own 98.25% of the company.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon bought 187,155 shares of the firm's stock in a transaction on Friday, October 2nd. The stock was bought at an average price of $34.27 per share, with a total value of $6,413,801.85. Following the completion of the purchase, the insider owned 126,604,050 shares of the company's stock, valued at $4,338,720,793.50. This trade represents a 0.15% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company's shares 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 Thursday, October 1st, Life Insurance Co Nippon bought 272,208 shares of Corebridge Financial stock. The shares were bought 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 bought at an average price of $33.65 per share, for a total transaction of $11,717,434.75.
On Tuesday, September 29th, Life Insurance Co Nippon purchased 216,818 shares of Corebridge Financial stock. The stock was bought 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 acquired 805,782 shares of Corebridge Financial stock. The shares were bought at an average price of $34.15 per share, with a total value of $27,517,455.30.
On Friday, September 25th, Life Insurance Co Nippon acquired 178,840 shares of Corebridge Financial stock. The shares were bought 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, for a total transaction of $8,763,020.30.
On Wednesday, September 23rd, Life Insurance Co Nippon bought 219,273 shares of Corebridge Financial stock. The stock was bought 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 purchased 212,828 shares of Corebridge Financial stock. The shares were purchased at an average cost of $35.08 per share, with a total value of $7,466,006.24.
On Friday, September 18th, Life Insurance Co Nippon purchased 131,333 shares of Corebridge Financial stock. The shares were purchased at an average price of $34.88 per share, with a total value of $4,580,895.04.

Corebridge Financial Stock Up 0.9%

CRBG stock opened at $35.15 on Wednesday. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.14. Corebridge Financial, Inc. has a fifty-two week low of $22.19 and a fifty-two week high of $35.64. The firm's 50-day simple moving average is $33.52 and its 200 day simple moving average is $29.63. The stock has a market cap of $15.67 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 0.45 and a beta of 1.07.

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, beating the consensus estimate of $1.08 by $0.04. The firm had revenue of $4.30 billion for the quarter, compared to the consensus estimate 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 last year, the firm posted $1.36 EPS. As a group, sell-side analysts predict that Corebridge Financial, Inc. will post 4.62 EPS for the current year.

Corebridge Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Wednesday, September 16th. Corebridge Financial's payout ratio is 58.48%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Daiwa Securities Group Inc. lifted its position in Corebridge Financial by 1.0% in the 4th quarter. Daiwa Securities Group Inc. now owns 61,642 shares of the company's stock worth $1,860,000 after buying an additional 633 shares in the last quarter. CIBC Asset Management Inc grew its holdings in shares of Corebridge Financial by 3.0% during the 4th quarter. CIBC Asset Management Inc now owns 23,245 shares of the company's stock valued at $701,000 after acquiring an additional 686 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Corebridge Financial by 100.6% during the 2nd quarter. Allworth Financial LP now owns 1,444 shares of the company's stock valued at $41,000 after acquiring an additional 724 shares in the last quarter. State of Wyoming increased its stake in shares of Corebridge Financial by 16.1% in the first quarter. State of Wyoming now owns 5,919 shares of the company's stock worth $141,000 after acquiring an additional 823 shares during the last quarter. Finally, Corient Private Wealth LP increased its stake in shares of Corebridge Financial by 1.2% in the second quarter. Corient Private Wealth LP now owns 72,562 shares of the company's stock worth $2,077,000 after acquiring an additional 858 shares during the last quarter. Institutional investors and hedge funds own 98.25% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on CRBG shares. Weiss Ratings raised Corebridge Financial from a "hold (c-)" rating to a "hold (c+)" rating in a report on Thursday, August 6th. Keefe, Bruyette & Woods raised their target price on Corebridge Financial from $40.00 to $43.00 and gave the company an "outperform" rating in a research report on Tuesday, August 11th. Zacks Research raised Corebridge Financial from a "strong sell" rating to a "hold" rating in a research note on Monday, June 22nd. Jefferies Financial Group boosted their price target on Corebridge Financial from $43.00 to $45.00 and gave the stock a "buy" rating in a research report on Friday, July 10th. Finally, Barclays increased their price target on Corebridge Financial from $30.00 to $33.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 7th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Corebridge Financial currently has a consensus rating of "Moderate Buy" and an average target price of $37.75.

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Corebridge Financial Company Profile

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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 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.