Corebridge Financial (CRBG) 10% Owner Co Buys $5.6M of Stock

Major shareholder Nippon Life Insurance Co bought 162,024 shares of Corebridge Financial, Inc. (CRBG) on October 19, 2026. According to a Form 4 filed with the Securities and Exchange Commission, the shares were acquired at an average price of $34.51 for a total value of about $5.59 million.

CRBG Corebridge Financial, Inc.

$35.42 ▲ +19.74% year to date

1M 3M YTD

Daily close · Oct 21, 2026

Inside Nippon Life Insurance Co's Corebridge Financial Trade

The planned transaction increased Nippon Life Insurance Co's holdings to 130,010,127 shares, representing a 0.12% increase in its position. The trade followed a steady series of acquisitions by the major shareholder earlier in October. Corebridge Financial closed at $34.41 on the day of the transaction.

Other Institutional Activity in Corebridge Financial

Other major investors have also adjusted their positions in the company recently. Pzena Investment Management LLC grew its holdings by 6,744,964 shares, ending with 33,789,727 shares worth about $1.19 billion. Harris Associates L.P. grew its holdings by 167,265 shares, ending with 25,132,155 shares worth about $887.17 million. Meanwhile, Nippon Life Insurance Company and Blackstone Inc kept their prior share counts unchanged at 121,956,256 and 61,962,123 shares respectively in reports dated June 30, 2026.

Corebridge Financial, Inc. Stock Up 2.6%

Corebridge Financial recently traded around $34.95 as of October 21, 2026. The stock closed at $34.41 on the transaction date. It trades near its 52-week high of $35.64.

Recent Earnings

Corebridge Financial reported trailing twelve month revenue of $19.52 billion and earnings of $1.59 per share. The company is scheduled to report its next set of financial results on November 2, 2026.

Dividend

Corebridge Financial pays an annual dividend of $1.00 per share, yielding 2.91%.

Insider Buying and Selling at Corebridge Financial, Inc.

Nippon Life Insurance Co made several planned purchases prior to this transaction, including buying 253,776 shares on October 13, 602,103 shares on October 14, 510,873 shares on October 15, and 347,195 shares on October 16.

Analysts Set New Price Targets

Wall Street firms updated their views on Corebridge Financial ahead of the trade. On October 6, 2026, UBS maintained its Neutral rating with a $36.00 price target. Mizuho maintained an Outperform rating with a $40.00 price target on October 7, 2026. Barclays maintained an Overweight rating with a $39.00 target on the same day. Wells Fargo maintained an Overweight rating with a $40.00 target on October 12, 2026, and Piper Sandler maintained an Overweight rating with a $40.00 target on that date. Analysts hold a consensus buy rating with a mean price target of $40.25.

About Corebridge Financial

Corebridge Financial, Inc. provides retirement solutions and insurance products across the United States. The company helps individuals and institutions plan for financial security through fixed annuities, life insurance, and retirement services.

Bottom Line

Investors will look toward the company's upcoming earnings release on November 2, 2026, for further updates on its financial performance.