Corebridge Financial (NYSE:CRBG) Stock: Insider Life Insurance Co Nippon Acquires 253,776 Shares

October 16, 2026 by InsiderTrades.com

Key Points

Life Insurance Co Nippon purchased 253,776 Corebridge Financial shares at an average price of $34.68, investing approximately $8.8 million. The transaction increased its holdings to 128.4 million shares, valued at about $4.45 billion.
Nippon has made a series of additional purchases since late September, signaling continued accumulation of Corebridge stock. Institutional investors own approximately 98.25% of the company.
Corebridge shares opened at $34.43, near their 52-week high, while analysts maintain a “Moderate Buy” consensus with an average price target of $38.83. The company also pays a quarterly dividend of $0.25 per share, yielding about 2.9% annually.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon acquired 253,776 shares of the business's stock in a transaction on Tuesday, October 13th. The stock was acquired at an average cost of $34.68 per share, for a total transaction of $8,800,951.68. Following the transaction, the insider directly owned 128,387,932 shares in the company, valued at $4,452,493,481.76. The trade was a 0.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 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 Monday, October 12th, Life Insurance Co Nippon bought 143,190 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.49 per share, for a total transaction of $4,938,623.10.
On Friday, October 9th, Life Insurance Co Nippon bought 336,750 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.07 per share, for a total transaction of $11,473,072.50.
On Thursday, October 8th, Life Insurance Co Nippon bought 261,198 shares of Corebridge Financial stock. The shares were 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 price 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 bought 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 shares were bought at an average cost of $34.75 per share, with a total value of $2,283,457.25.
On Friday, October 2nd, Life Insurance Co Nippon purchased 187,155 shares of Corebridge Financial stock. The stock was bought at an average price 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 bought at an average price 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 stock was bought at an average cost 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.

Corebridge Financial Trading Up 1.4%

Shares of CRBG opened at $34.43 on Friday. Corebridge Financial, Inc. has a 1-year low of $22.19 and a 1-year high of $35.64. The company has a 50-day moving average of $33.82 and a 200 day moving average of $30.17. The firm has a market capitalization of $15.35 billion, a price-to-earnings ratio of 7.80, a PEG ratio of 0.48 and a beta of 1.07. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.12 and a quick ratio of 0.12.

Corebridge Financial (NYSE:CRBG - Get Free Report) last released 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. The company had revenue of $4.30 billion during 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 previous year, the company earned $1.36 EPS. On average, research analysts expect that Corebridge Financial, Inc. will post 4.62 EPS for the current year.

Corebridge Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were given a dividend of $0.25 per share. The ex-dividend date of this dividend 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 58.48%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CRBG. Pzena Investment Management LLC purchased a new position in Corebridge Financial during the 2nd quarter valued at about $967,400,000. BlackRock Inc. bought a new stake in shares of Corebridge Financial in the 2nd quarter valued at about $726,494,000. Dimensional Fund Advisors LP raised its holdings in shares of Corebridge Financial by 43.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,870,085 shares of the company's stock valued at $211,575,000 after purchasing an additional 2,689,611 shares in the last quarter. Donald Smith & CO. Inc. purchased a new stake in shares of Corebridge Financial in the 2nd quarter worth approximately $168,134,000. Finally, Davis Asset Management L.P. purchased a new stake in shares of Corebridge Financial in the 2nd quarter worth approximately $166,054,000. 98.25% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on CRBG. Wells Fargo & Company boosted their price target on Corebridge Financial from $39.00 to $40.00 and gave the company an "overweight" rating in a report on Monday. Zacks Research upgraded Corebridge Financial from a "strong sell" rating to a "hold" rating in a report on Monday, June 22nd. TD Cowen lifted their target price on Corebridge Financial from $35.00 to $38.00 and gave the company a "buy" rating in a research report on Wednesday, July 22nd. Piper Sandler lifted 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. Finally, Keefe, Bruyette & Woods upped their target price on Corebridge Financial from $40.00 to $43.00 and gave the stock an "outperform" rating in a report on Tuesday, August 11th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Corebridge Financial currently has an average rating of "Moderate Buy" and a consensus target price of $38.83.

Get Our Latest Research Report 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.