Corebridge Financial (NYSE:CRBG) Stock: Insider Life Insurance Co Nippon Purchases 193,357 Shares

October 23, 2026 by InsiderTrades.com

Key Points

Life Insurance Co Nippon bought 193,357 Corebridge shares for about $6.8 million at an average price of $35.01, bringing its holdings to roughly 130.2 million shares. The purchase followed several other October acquisitions totaling approximately 3.6 million shares.
Corebridge shares opened at $35.62, near their 52-week high of $35.64, and have gained as analyst sentiment remained favorable. The consensus rating is “Moderate Buy”, with an average price target of $39.
The company beat quarterly EPS expectations, reporting $1.12 versus the $1.08 consensus, although revenue missed estimates and earnings declined year over year. Corebridge also maintains a quarterly dividend of $0.25 per share, yielding about 2.8% annually.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon purchased 193,357 shares of the stock in a transaction dated Tuesday, October 20th. The shares were purchased at an average price of $35.01 per share, with a total value of $6,769,428.57. Following the completion of the transaction, the insider owned 130,203,484 shares of the company's stock, valued at approximately $4,558,423,974.84. This trade represents a 0.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more 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 19th, Life Insurance Co Nippon acquired 162,024 shares of Corebridge Financial stock. The stock was purchased at an average price of $34.51 per share, for a total transaction of $5,591,448.24.
On Friday, October 16th, Life Insurance Co Nippon acquired 347,195 shares of Corebridge Financial stock. The stock was purchased at an average price 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 purchased 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 bought 253,776 shares of Corebridge Financial stock. The shares were purchased at an average price of $34.68 per share, with a total value of $8,800,951.68.
On Monday, October 12th, Life Insurance Co Nippon bought 143,190 shares of Corebridge Financial stock. The shares were purchased 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 bought 336,750 shares of Corebridge Financial stock. The stock was purchased 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 bought 261,198 shares of Corebridge Financial stock. The stock was purchased 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 cost of $35.23 per share, for a total transaction of $4,098,834.35.

Corebridge Financial Stock Up 0.9%

Shares of CRBG opened at $35.62 on Friday. The stock has a market capitalization of $15.88 billion, a PE ratio of 8.11, a P/E/G ratio of 0.50 and a beta of 1.07. Corebridge Financial, Inc. has a 1 year low of $22.19 and a 1 year 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 company's 50-day simple moving average is $33.92 and its 200-day simple moving average is $30.56.

Corebridge Financial (NYSE:CRBG - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.08 by $0.04. The business had revenue of $4.30 billion during 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 firm posted $1.36 earnings per share. Analysts forecast that Corebridge Financial, Inc. will post 4.59 earnings per share for the current fiscal 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 issued 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 yield of 2.8%. Corebridge Financial's dividend payout ratio is 58.48%.

Institutional Trading of Corebridge Financial

A number of large investors have recently made changes to their positions in the company. Yousif Capital Management LLC lifted its stake in Corebridge Financial by 3.9% in the third quarter. Yousif Capital Management LLC now owns 75,290 shares of the company's stock worth $2,494,000 after acquiring an additional 2,849 shares during the last quarter. Root Financial Partners LLC acquired a new position in Corebridge Financial during the 3rd quarter worth approximately $91,000. Net Worth Advisory Group grew its holdings in Corebridge Financial by 16.0% during the 3rd 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 in the last quarter. State of Alaska Department of Revenue increased 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 purchasing an additional 1,196 shares during the last quarter. Finally, Sound Income Strategies LLC increased its position in shares of 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. 98.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. UBS Group boosted their price target on shares of Corebridge Financial from $32.00 to $36.00 and gave the stock a "neutral" rating in a research note on Tuesday, October 6th. Keefe, Bruyette & Woods increased their price objective on Corebridge Financial from $40.00 to $43.00 and gave the company an "outperform" rating in a research note on Tuesday, August 11th. Weiss Ratings upgraded Corebridge Financial from a "hold (c-)" rating to a "hold (c+)" rating in a report on Thursday, August 6th. TD Cowen lifted their target price on Corebridge Financial from $38.00 to $40.00 and gave the company a "buy" rating in a report on Wednesday. Finally, Piper Sandler boosted their target price on Corebridge Financial from $38.00 to $40.00 and gave the stock an "overweight" rating in a research note on Monday, October 12th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Corebridge Financial has a consensus rating of "Moderate Buy" and an average target price of $39.00.

Read Our Latest Analysis on CRBG

Key Corebridge Financial News

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

Positive Sentiment: Life Insurance Co Nippon continued its aggressive accumulation of CRBG. The shareholder bought 193,357 shares for approximately $6.8 million on October 20, following purchases of 162,024 shares on October 19 and 347,195 shares on October 16. Including earlier October transactions, Nippon purchased roughly 3.6 million shares worth more than $120 million, increasing its already substantial position. The buying may signal confidence in Corebridge’s valuation and outlook. SEC ownership filing
Positive Sentiment: TD Cowen raised its price target from $38 to $40 and maintained a “Buy” rating. The revised target indicates additional upside from the referenced share price and reinforces the favorable analyst view. TD Cowen analyst recommendations
Positive Sentiment: Wells Fargo also raised its CRBG price target to $40. Recent target increases from several firms, including Piper Sandler and Barclays, have helped strengthen the bullish investment case. Wells Fargo raises Corebridge Financial target
Neutral Sentiment: Corebridge’s latest quarterly results exceeded EPS expectations, with earnings of $1.12 versus the $1.08 consensus estimate, but revenue of $4.30 billion missed estimates and EPS declined from $1.36 a year earlier. The mixed operating results could limit further upside until the next earnings report.
Neutral Sentiment: The company’s quarterly dividend remains $0.25 per share, equivalent to a $1.00 annualized payout and an approximately 2.8% yield, providing ongoing income support for investors.

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.