Colin Parris Acquires Shares of Corebridge Financial, Inc.
Colin Parris recently purchased 6,553 shares of Corebridge Financial, Inc., reflecting insider confidence.
Key Points
- Colin Parris bought 6,553 shares of Corebridge Financial, Inc. on June 18, 2026, with the stock trading at $29.09.
- Corebridge Financial has a market cap of $13.29 billion, a P/E ratio of 72.7, and a 52-week range of $22.19 to $36.57.
- Analysts maintain positive outlooks, with Piper Sandler setting a $31 target and B of A Securities at $40.
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Colin Parris made a notable move by purchasing 6,553 shares of Corebridge Financial, Inc. (NYSE:CRBG) on June 18, 2026. This insider transaction did not specify the purchase price or total value, but it reflects a positive outlook from within the company.
Insider Buying and Selling at Corebridge Financial, Inc.
Several insiders, including Colin Parris, Amy Schioldager, Deborah Leone, Edward Peter Bousa, Keith Gubbay, and Christopher Lynch, each acquired 6,553 shares of Corebridge Financial on June 18, 2026. These transactions were not under a Rule 10b5-1 plan.
Corebridge Financial, Inc. Stock Down 10.8%
Shares of NYSE:CRBG traded near $29.09 on Tuesday. Corebridge Financial, a company with a market cap of approximately $13.29 billion, shows a P/E ratio of 72.7 and a forward P/E of 5.0. The stock has experienced a 52-week low of $22.19 and a high of $36.57. It has a 50-day moving average of $27.09 and a 200-day moving average of $29.06. The company maintains a current ratio of 1.18 and a quick ratio of 0.19, with a debt-to-equity ratio of 148.38.
$CRBG stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts have maintained positive ratings on Corebridge Financial. On May 26, 2026, Piper Sandler maintained a 'buy' rating with a price target of $31. JP Morgan and Wells Fargo also maintained their ratings, with targets of $36 and $35, respectively. Overall, the consensus among 12 analysts is a 'buy' rating, with a mean target price of $34.75.
About Corebridge Financial
Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. Headquartered in Houston, Texas, the company operates through various segments like Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets. Corebridge offers a wide range of products, including annuities, life insurance, and investment advisory services. Led by CEO Mr. Marc M. Costantini, the company employs around 4,800 people.
Bottom Line
Colin Parris's recent share purchase of Corebridge Financial highlights insider confidence in the company's prospects. Corebridge's diverse offerings in retirement and insurance markets, along with strong analyst support, make it a stock to watch. Remember, insider transactions are reported after the fact and may not reflect current positions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.