Corebridge Financial (NYSE:CRBG) Major Shareholder Acquires $20,489,565.09 in Stock

October 17, 2026 by InsiderTrades.com

Key Points

Life Insurance Co. Nippon purchased 602,103 Corebridge shares for approximately $20.5 million at an average price of $34.03, increasing its stake to 128.99 million shares valued at about $4.39 billion. The purchase follows a series of additional acquisitions in recent weeks.
Corebridge shares recently traded near $34.38, close to their 12-month high of $35.64. The company reported quarterly EPS of $1.12, exceeding estimates, and pays a $1.00 annualized dividend yielding approximately 2.9%.
Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $38.83. Recent firms raised their targets, including Piper Sandler to $40 and Keefe, Bruyette & Woods to $43.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon purchased 602,103 shares of Corebridge Financial stock in a transaction dated Wednesday, October 14th. The stock was acquired at an average price of $34.03 per share, for a total transaction of $20,489,565.09. Following the completion of the transaction, the insider owned 128,990,035 shares in the company, valued at approximately $4,389,530,891.05. The trade was a 0.47% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own 10% or more of a company's stock 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 Tuesday, October 13th, Life Insurance Co Nippon purchased 253,776 shares of Corebridge Financial stock. The stock was acquired at an average cost of $34.68 per share, with a total value of $8,800,951.68.
On Monday, October 12th, Life Insurance Co Nippon acquired 143,190 shares of Corebridge Financial stock. The shares were acquired at an average cost of $34.49 per share, with a total value of $4,938,623.10.
On Friday, October 9th, Life Insurance Co Nippon acquired 336,750 shares of Corebridge Financial stock. The shares were acquired at an average cost 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 shares were acquired at an average price of $34.30 per share, for a total transaction of $8,959,091.40.
On Wednesday, October 7th, Life Insurance Co Nippon bought 606,912 shares of Corebridge Financial stock. The stock was acquired at an average cost of $34.40 per share, for a total transaction of $20,877,772.80.
On Tuesday, October 6th, Life Insurance Co Nippon bought 116,345 shares of Corebridge Financial stock. The stock was bought at an average price 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 acquired 187,155 shares of Corebridge Financial stock. The shares were bought at an average price of $34.27 per share, with a total value of $6,413,801.85.
On Thursday, October 1st, Life Insurance Co Nippon bought 272,208 shares of Corebridge Financial stock. The stock was bought 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 bought 348,215 shares of Corebridge Financial stock. The stock was bought at an average price of $33.65 per share, for a total transaction of $11,717,434.75.

Corebridge Financial Stock Performance

Shares of Corebridge Financial stock traded down $0.04 during trading on Friday, hitting $34.38. 6,036,926 shares of the stock were exchanged, compared to its average volume of 5,277,354. Corebridge Financial, Inc. has a 12 month low of $22.19 and a 12 month high of $35.64. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.12 and a current ratio of 0.12. The stock has a market cap of $15.33 billion, a PE ratio of 20.11, a P/E/G ratio of 0.49 and a beta of 1.07. The stock's fifty day moving average is $33.83 and its 200 day moving average is $30.20.

Corebridge Financial (NYSE:CRBG - Get Free Report) last announced its quarterly 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. The company had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.66 billion. Corebridge Financial had a net margin of 4.37% and a return on equity of 17.37%. During the same quarter last year, the business earned $1.36 earnings per share. As a group, sell-side analysts anticipate that Corebridge Financial, Inc. will post 4.60 EPS for the current year.

Corebridge Financial Announces Dividend

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

Analyst Ratings Changes

CRBG has been the subject of several recent analyst reports. Piper Sandler increased their price target on Corebridge Financial from $38.00 to $40.00 and gave the stock an "overweight" rating in a research note on Monday, October 12th. Weiss Ratings upgraded Corebridge Financial from a "hold (c-)" rating to a "hold (c+)" rating in a report on Thursday, August 6th. Barclays upped their price objective on Corebridge Financial from $33.00 to $39.00 and gave the company an "overweight" rating in a report on Wednesday, October 7th. UBS Group raised their target price on Corebridge Financial from $32.00 to $36.00 and gave the company a "neutral" rating in a research note on Tuesday, October 6th. Finally, Keefe, Bruyette & Woods lifted 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 assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $38.83.

View Our Latest Stock Analysis on CRBG

Hedge Funds Weigh In On Corebridge Financial

A number of institutional investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue lifted its position in shares of Corebridge Financial by 5.0% in the 3rd quarter. State of Alaska Department of Revenue now owns 24,915 shares of the company's stock valued at $825,000 after acquiring an additional 1,196 shares in the last quarter. Sound Income Strategies LLC grew its stake in Corebridge Financial by 1.8% during the 3rd quarter. Sound Income Strategies LLC now owns 553,544 shares of the company's stock valued at $19,070,000 after acquiring an additional 9,980 shares in the last quarter. GAMMA Investing LLC grew its stake in Corebridge Financial by 15.8% during the 3rd quarter. GAMMA Investing LLC now owns 5,836 shares of the company's stock valued at $193,000 after acquiring an additional 796 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Corebridge Financial by 11.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,583 shares of the company's stock valued at $185,000 after acquiring an additional 590 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of Corebridge Financial by 23.7% in 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. Hedge funds and other institutional investors own 98.25% of the company's stock.

Key Headlines Impacting Corebridge Financial

Here are the key news stories impacting Corebridge Financial this week:

Positive Sentiment: Repeated Nippon purchases signal confidence: Life Insurance Co. Nippon acquired an additional 602,103 CRBG shares for approximately $20.5 million on October 14, following several purchases in recent weeks. Its position now exceeds 128.9 million shares. Continued accumulation by a major shareholder may support investor sentiment and reduce available trading supply. SEC ownership filing
Positive Sentiment: Activist-investor activity could create a catalyst: A recent report identifies Corebridge among companies seeing action from activist investors. Although the report does not provide specific demands or proposed changes, activist involvement can raise expectations for strategic adjustments, improved capital returns or other measures intended to unlock shareholder value. Corebridge and 4 more stocks see action from activist investors
Neutral Sentiment: Valuation and analyst stance remain generally constructive: CRBG trades at a relatively low earnings multiple, pays an annualized $1.00 dividend, and analysts maintain a consensus “Moderate Buy” rating with a target price above recent trading levels. These factors may cushion the stock, although they are not new developments.
Negative Sentiment: FY2026 earnings estimate was reduced: DOWLING & PARTN lowered its Corebridge 2026 EPS forecast to $4.75 from $4.90. While the revised estimate remains above the broader consensus of $4.62, the downgrade raises concerns about earnings momentum and may weigh on the shares.

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.