Insider Buying: Corebridge Financial (NYSE:CRBG) Major Shareholder Buys $8,959,091.40 in Stock

Posted by Hanz Christensen on Oct 16th, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon acquired 261,198 shares of the company’s stock in a transaction that occurred on Thursday, October 8th. The stock was acquired at an average price of $34.30 per share, with a total value of $8,959,091.40. Following the acquisition, the insider directly owned 127,654,216 shares of the company’s stock, valued at approximately $4,378,539,608.80. This represents a 0.21% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Life Insurance Co Nippon also recently made the following trade(s):

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 bought 143,190 shares of Corebridge Financial stock. The shares were 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 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 Wednesday, October 7th, Life Insurance Co Nippon purchased 606,912 shares of Corebridge Financial stock. The stock was acquired 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 stock was acquired 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 stock was acquired at an average price 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 cost of $34.27 per share, for a total transaction of $6,413,801.85.
On Thursday, October 1st, Life Insurance Co Nippon acquired 272,208 shares of Corebridge Financial stock. The shares were 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 acquired 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.
On Tuesday, September 29th, Life Insurance Co Nippon acquired 216,818 shares of Corebridge Financial stock. The stock was bought at an average price of $33.67 per share, for a total transaction of $7,300,262.06.

Corebridge Financial Trading Up 1.4%

NYSE:CRBG opened at $34.43 on Friday. The firm has a market cap of $15.35 billion, a PE ratio of 7.80, a price-to-earnings-growth ratio of 0.48 and a beta of 1.07. The stock has a fifty day moving average price of $33.82 and a 200 day moving average price of $30.17. Corebridge Financial, Inc. has a 12-month low of $22.19 and a 12-month high of $35.64. 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 released its earnings results on Wednesday, August 5th. The company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.08 by $0.04. Corebridge Financial had a return on equity of 17.37% and a net margin of 4.37%. The firm had revenue of $4.30 billion during the quarter, compared to analysts’ expectations of $4.66 billion. During the same period in the previous year, the firm posted $1.36 EPS. Sell-side analysts anticipate that Corebridge Financial, Inc. will post 4.62 earnings per share for the current fiscal year.

Corebridge Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Wednesday, September 16th. Corebridge Financial’s dividend payout ratio (DPR) is presently 58.48%.

Wall Street Analysts Forecast Growth

CRBG has been the subject of a number of analyst reports. Piper Sandler boosted their price objective on Corebridge Financial from $38.00 to $40.00 and gave the stock an “overweight” rating in a research report on Monday. Keefe, Bruyette & Woods raised their target price 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. Barclays lifted their price target 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. Mizuho lifted their price target on shares of Corebridge Financial from $38.00 to $40.00 and gave the stock an “outperform” 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 report on Thursday, August 6th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Corebridge Financial presently has an average rating of “Moderate Buy” and a consensus price target of $38.83.

Get Our Latest Report on CRBG

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC increased its holdings in shares of 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 acquiring an additional 590 shares during the last quarter. Allworth Financial LP lifted its stake in Corebridge Financial by 100.6% during the second quarter. Allworth Financial LP now owns 1,444 shares of the company’s stock worth $41,000 after purchasing an additional 724 shares during the last quarter. GAMMA Investing LLC lifted its stake in Corebridge Financial by 15.8% during the third quarter. GAMMA Investing LLC now owns 5,836 shares of the company’s stock worth $193,000 after purchasing an additional 796 shares during the last quarter. State of Wyoming lifted its stake in Corebridge Financial by 16.1% during the first quarter. State of Wyoming now owns 5,919 shares of the company’s stock worth $141,000 after purchasing an additional 823 shares during the last quarter. Finally, Corient Private Wealth LP boosted its holdings in Corebridge Financial by 1.2% in the second quarter. Corient Private Wealth LP now owns 72,562 shares of the company’s stock valued at $2,077,000 after purchasing an additional 858 shares in the last quarter. 98.25% of the stock is owned by institutional investors and hedge funds.

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 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.