Corebridge Financial (NYSE:CRBG) Stock: Insider Life Insurance Co Nippon Acquires 162,024 Shares

October 22, 2026 by InsiderTrades.com

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon acquired 162,024 shares of the firm's stock in a transaction on Monday, October 19th. The stock was purchased at an average price of $34.51 per share, with a total value of $5,591,448.24. Following the transaction, the insider owned 130,010,127 shares of the company's stock, valued at approximately $4,486,649,482.77. This trade represents a 0.12% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Major 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 Friday, October 16th, Life Insurance Co Nippon bought 347,195 shares of Corebridge Financial stock. The shares were purchased at an average cost of $34.71 per share, for a total transaction of $12,051,138.45.
On Thursday, October 15th, Life Insurance Co Nippon bought 510,873 shares of Corebridge Financial stock. The shares were purchased at an average cost of $33.43 per share, for a total transaction of $17,078,484.39.
On Wednesday, October 14th, Life Insurance Co Nippon bought 602,103 shares of Corebridge Financial stock. The shares were acquired at an average price of $34.03 per share, for a total transaction of $20,489,565.09.
On Tuesday, October 13th, Life Insurance Co Nippon bought 253,776 shares of Corebridge Financial stock. The shares were acquired at an average price of $34.68 per share, for a total transaction of $8,800,951.68.
On Monday, October 12th, Life Insurance Co Nippon purchased 143,190 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.49 per share, with a total value of $4,938,623.10.
On Friday, October 9th, Life Insurance Co Nippon purchased 336,750 shares of Corebridge Financial stock. The stock was 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 purchased 261,198 shares of Corebridge Financial stock. The stock was acquired 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 purchased 606,912 shares of Corebridge Financial stock. The shares were acquired at an average price of $34.40 per share, for a total transaction of $20,877,772.80.
On Tuesday, October 6th, Life Insurance Co Nippon purchased 116,345 shares of Corebridge Financial stock. The shares were acquired at an average price of $35.23 per share, for a total transaction of $4,098,834.35.
On Monday, October 5th, Life Insurance Co Nippon acquired 65,711 shares of Corebridge Financial stock. The stock was acquired at an average cost of $34.75 per share, for a total transaction of $2,283,457.25.

Corebridge Financial Stock Up 1.0%

Shares of CRBG opened at $35.30 on Thursday. The firm has a market cap of $15.74 billion, a P/E ratio of 8.03, a PEG ratio of 0.50 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. The stock's 50 day moving average is $33.90 and its two-hundred day moving average is $30.48. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.14.

Corebridge Financial (NYSE:CRBG - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.04. The business had revenue of $4.30 billion during the quarter, compared to the consensus estimate 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 prior year, the company posted $1.36 EPS. Analysts predict that Corebridge Financial, Inc. will post 4.59 earnings per share for the current fiscal year.

Corebridge Financial Announces Dividend

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

Key Stories Impacting Corebridge Financial

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

Positive Sentiment: TD Cowen raised its price target from $38 to $40 and reaffirmed a “Buy” rating. The new target implies roughly 13% upside from the referenced share price, strengthening the bullish analyst outlook.
Positive Sentiment: Wells Fargo also lifted its price target to $40 and maintained a favorable view of the retirement and insurance provider. Wells Fargo raises target for Corebridge Financial stock to USD 40.00
Positive Sentiment: Life Insurance Co Nippon continued its aggressive accumulation of CRBG shares. The major shareholder bought 347,195 shares for approximately $12.1 million on October 16 and another 162,024 shares for about $5.6 million on October 19. These purchases follow several earlier acquisitions in October, signaling continued confidence from a shareholder with more than 130 million shares. Insider Buying: Corebridge Financial Major Shareholder Buys Stock
Positive Sentiment: CRBG is trading near its 52-week high and above both its 50-day and 200-day moving averages, reflecting strong recent momentum. The company also recently exceeded quarterly EPS expectations, reporting $1.12 versus the $1.08 consensus estimate.
Neutral Sentiment: Despite the earnings beat, quarterly revenue of $4.30 billion was below the $4.66 billion consensus estimate, while EPS declined from $1.36 in the year-ago period. This may limit enthusiasm ahead of the next earnings report.

Analysts Set New Price Targets

A number of research firms have weighed in on CRBG. TD Cowen upped their price objective on shares of Corebridge Financial from $38.00 to $40.00 and gave the stock a "buy" rating in a research report on Wednesday. Piper Sandler lifted their target price on shares of Corebridge Financial from $38.00 to $40.00 and gave the company an "overweight" rating in a research report on Monday, October 12th. Keefe, Bruyette & Woods lifted their target price on shares of Corebridge Financial from $40.00 to $43.00 and gave the company an "outperform" rating in a research report on Tuesday, August 11th. Barclays boosted their target price on shares of Corebridge Financial from $33.00 to $39.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 7th. Finally, Weiss Ratings upgraded shares of Corebridge Financial from a "hold (c-)" rating to a "hold (c+)" rating in a research report on Thursday, August 6th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $39.00.

Check Out Our Latest Research Report on CRBG

Institutional Trading of Corebridge Financial

A number of institutional investors have recently made changes to their positions in the company. Net Worth Advisory Group boosted its stake in shares of Corebridge Financial by 16.0% in the third quarter. Net Worth Advisory Group now owns 8,323 shares of the company's stock worth $280,000 after acquiring an additional 1,149 shares during the last quarter. State of Alaska Department of Revenue raised its stake in 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 purchasing an additional 1,196 shares during the last quarter. Sound Income Strategies LLC raised its stake in Corebridge Financial by 1.8% in the 3rd quarter. Sound Income Strategies LLC now owns 553,544 shares of the company's stock valued at $19,070,000 after purchasing an additional 9,980 shares during the last quarter. GAMMA Investing LLC raised its stake in Corebridge Financial by 15.8% in the 3rd quarter. GAMMA Investing LLC now owns 5,836 shares of the company's stock valued at $193,000 after purchasing an additional 796 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Corebridge Financial by 11.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,583 shares of the company's stock valued at $185,000 after purchasing an additional 590 shares during the last quarter. 98.25% of the stock is owned by institutional investors and hedge funds.

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 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.