Corebridge Financial (NYSE:CRBG) Stock: Insider Life Insurance Co Nippon Buys 143,190 Shares

October 15, 2026 by InsiderTrades.com

Key Points

Life Insurance Co Nippon bought 143,190 Corebridge shares at an average $34.49, worth approximately $4.94 million, increasing its stake to 128.1 million shares. The purchase follows a series of acquisitions in recent weeks, signaling continued insider confidence.
Corebridge shares opened at $33.98, near their 12-month high of $35.64, with a market capitalization of $15.15 billion and a price-to-earnings ratio of 7.91. The company recently exceeded quarterly EPS expectations, reporting $1.12 versus the $1.08 consensus estimate.
The company pays a quarterly dividend of $0.25 per share, equating to a 2.9% annual yield. Analysts maintain a “Moderate Buy” consensus, with an average price target of $38.83, while institutional investors own 98.25% of outstanding shares.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon acquired 143,190 shares of the firm's stock in a transaction that occurred on Monday, October 12th. The stock was acquired at an average price of $34.49 per share, for a total transaction of $4,938,623.10. Following the completion of the acquisition, the insider directly owned 128,134,156 shares of the company's stock, valued at $4,419,347,040.44. The trade was a 0.11% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own more than 10% 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 Friday, October 9th, Life Insurance Co Nippon acquired 336,750 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.07 per share, with a total value of $11,473,072.50.
On Thursday, October 8th, Life Insurance Co Nippon acquired 261,198 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.30 per share, with a total value of $8,959,091.40.
On Wednesday, October 7th, Life Insurance Co Nippon bought 606,912 shares of Corebridge Financial stock. The shares were acquired at an average cost of $34.40 per share, with a total value of $20,877,772.80.
On Tuesday, October 6th, Life Insurance Co Nippon bought 116,345 shares of Corebridge Financial stock. The shares were acquired at an average cost of $35.23 per share, with a total value of $4,098,834.35.
On Monday, October 5th, Life Insurance Co Nippon bought 65,711 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.75 per share, for a total transaction of $2,283,457.25.
On Friday, October 2nd, Life Insurance Co Nippon purchased 187,155 shares of Corebridge Financial stock. The stock was acquired at an average cost of $34.27 per share, for a total transaction of $6,413,801.85.
On Thursday, October 1st, Life Insurance Co Nippon purchased 272,208 shares of Corebridge Financial stock. The stock was acquired at an average cost of $33.07 per share, for a total transaction of $9,001,918.56.
On Wednesday, September 30th, Life Insurance Co Nippon purchased 348,215 shares of Corebridge Financial stock. The shares were acquired at an average price of $33.65 per share, with a total value of $11,717,434.75.
On Tuesday, September 29th, Life Insurance Co Nippon purchased 216,818 shares of Corebridge Financial stock. The shares were acquired at an average price of $33.67 per share, with a total value of $7,300,262.06.
On Monday, September 28th, Life Insurance Co Nippon acquired 805,782 shares of Corebridge Financial stock. The shares were acquired at an average cost of $34.15 per share, with a total value of $27,517,455.30.

Corebridge Financial Stock Down 1.2%

Shares of NYSE:CRBG opened at $33.98 on Thursday. The business has a 50-day moving average price of $33.81 and a 200 day moving average price of $30.08. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $15.15 billion, a price-to-earnings ratio of 7.91, a PEG ratio of 0.49 and a beta of 1.07. Corebridge Financial, Inc. has a 12-month low of $22.19 and a 12-month high of $35.64.

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 (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 firm had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.66 billion. During the same period in the previous year, the firm earned $1.36 EPS. Sell-side analysts expect that Corebridge Financial, Inc. will post 4.62 EPS for the current year.

Corebridge Financial Announces Dividend

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

Hedge Funds Weigh In On Corebridge Financial

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bell Investment Advisors Inc acquired a new position in Corebridge Financial in the 2nd quarter valued at about $27,000. Sonoma Allocations LLC purchased a new stake in Corebridge Financial during the first quarter worth about $30,000. Allworth Financial LP acquired a new stake in shares of Corebridge Financial during the second quarter worth about $41,000. Versant Capital Management Inc lifted its position in shares of Corebridge Financial by 1,124.2% during the second quarter. Versant Capital Management Inc now owns 1,616 shares of the company's stock worth $46,000 after purchasing an additional 1,484 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in shares of Corebridge Financial during the second quarter worth about $57,000. 98.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on CRBG shares. Weiss Ratings raised shares of Corebridge Financial from a "hold (c-)" rating to a "hold (c+)" rating in a research note on Thursday, August 6th. Keefe, Bruyette & Woods increased their price objective on shares of Corebridge Financial from $40.00 to $43.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 11th. UBS Group lifted their target price on shares of Corebridge Financial from $32.00 to $36.00 and gave the company a "neutral" rating in a report on Tuesday, October 6th. TD Cowen lifted their target price on shares of Corebridge Financial from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, July 22nd. Finally, Piper Sandler boosted their target price on Corebridge Financial from $38.00 to $40.00 and gave the company an "overweight" rating in a research report on Monday. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, Corebridge Financial has an average rating of "Moderate Buy" and a consensus target price of $38.83.

Check Out Our Latest Stock Analysis on Corebridge Financial

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.