Corebridge Financial (NYSE:CRBG) Major Shareholder Acquires 510,873 Shares of Company Stock

October 20, 2026 by InsiderTrades.com

Key Points

Life Insurance Co Nippon purchased 510,873 Corebridge Financial shares at an average price of $33.43, spending approximately $17.1 million and increasing its ownership by 0.40% to 129.5 million shares.
The transaction continues a series of purchases by Nippon, which acquired more than 2.9 million additional CRBG shares across multiple sessions from October 1–14.
Corebridge reported quarterly EPS of $1.12, exceeding estimates, and pays a quarterly dividend of $0.25 per share. Analysts maintain a “Moderate Buy” consensus with an average price target of $38.83, above the stock’s reported $34.41 price.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon purchased 510,873 shares of the business's stock in a transaction dated Thursday, October 15th. The stock was bought at an average price of $33.43 per share, with a total value of $17,078,484.39. Following the acquisition, the insider directly owned 129,500,908 shares in the company, valued at approximately $4,329,215,354.44. This represents a 0.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more 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, October 14th, Life Insurance Co Nippon acquired 602,103 shares of Corebridge Financial stock. The stock was bought at an average price of $34.03 per share, with a total value of $20,489,565.09.
On Tuesday, October 13th, Life Insurance Co Nippon acquired 253,776 shares of Corebridge Financial stock. The shares were bought at an average cost of $34.68 per share, for a total transaction of $8,800,951.68.
On Monday, October 12th, Life Insurance Co Nippon acquired 143,190 shares of Corebridge Financial stock. The shares were bought at an average cost 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 shares were bought 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 stock was bought at an average cost 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 stock was bought 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 purchased 116,345 shares of Corebridge Financial stock. The shares were 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 purchased 65,711 shares of Corebridge Financial stock. The shares were purchased at an average cost 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 shares were purchased 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 purchased at an average price of $33.07 per share, for a total transaction of $9,001,918.56.

Corebridge Financial Stock Performance

NYSE CRBG opened at $34.41 on Tuesday. Corebridge Financial, Inc. has a 1-year low of $22.19 and a 1-year high of $35.64. The company has a market capitalization of $15.34 billion, a P/E ratio of 7.91, a PEG ratio of 0.49 and a beta of 1.07. The business has a 50 day moving average price of $33.83 and a 200 day moving average price of $30.32. 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 issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate 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 previous year, the firm posted $1.36 earnings per share. Sell-side analysts expect that Corebridge Financial, Inc. will post 4.59 EPS for the current fiscal year.

Corebridge Financial Dividend Announcement

The company 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 of this dividend was Wednesday, September 16th. Corebridge Financial's payout ratio is 58.48%.

Wall Street Analyst Weigh In

CRBG has been the topic of several recent research reports. Barclays boosted their price objective on shares of Corebridge Financial from $33.00 to $39.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 7th. Mizuho raised their target price on shares of Corebridge Financial from $38.00 to $40.00 and gave the company an "outperform" rating in a report on Wednesday, October 7th. UBS Group lifted their target price on shares of Corebridge Financial from $32.00 to $36.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 6th. Zacks Research upgraded shares of Corebridge Financial from a "strong sell" rating to a "hold" rating in a research report on Monday, June 22nd. Finally, Keefe, Bruyette & Woods upped their price target on shares of Corebridge Financial from $40.00 to $43.00 and gave the company an "outperform" rating in a report on Tuesday, August 11th. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Corebridge Financial currently has an average rating of "Moderate Buy" and an average price target of $38.83.

View Our Latest Analysis on Corebridge Financial

Institutional Investors Weigh In On Corebridge Financial

A number of large investors have recently bought and sold shares of CRBG. Pzena Investment Management LLC acquired a new position in shares of Corebridge Financial in the second quarter worth $967,400,000. BlackRock Inc. purchased a new stake in shares of Corebridge Financial in the second quarter valued at $726,494,000. Dimensional Fund Advisors LP lifted its position in shares of Corebridge Financial by 43.5% in the first quarter. Dimensional Fund Advisors LP now owns 8,870,085 shares of the company's stock valued at $211,575,000 after acquiring 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 second quarter valued at $168,134,000. Finally, Davis Asset Management L.P. acquired a new stake in shares of Corebridge Financial during the second quarter valued at $166,054,000. Institutional investors and hedge funds own 98.25% of the company's stock.

About Corebridge Financial

(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 institutions through offerings designed to support retirement savings, income planning and financial protection.

Its products and services include individual and group retirement plans, annuities, life insurance and institutional retirement solutions. Corebridge also provides investment and administrative services associated with retirement plans, helping employers and employees manage long-term savings and retirement income needs.

Corebridge was established through the separation of American International Group's (AIG) Life and Retirement business and began operating as an independent publicly traded company in 2022.