The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Corebridge Financial Inc shares valued at $4,757,377 were sold by Corebridge Financial, Inc. on Mar 28 ’25. At $33.98 per share, Corebridge Financial, Inc. sold 140,001 shares. The insider’s holdings dropped to 134,286 shares worth approximately $3.66 million following the completion of this transaction.
Also, Corebridge Financial, Inc. purchased 1,600,000 shares, netting a total of over 40,000,000 in proceeds. Following the buying of shares at $25.00 each, the insider now holds 880,000 shares.
Before that, AMERICAN INTERNATIONAL GROUP, had sold 121,956,256 shares from its account. In a trade valued at $3,838,012,159, the 10% Owner traded Corebridge Financial Inc shares for $31.47 each. Upon closing the transaction, the insider’s holdings decreased to 121,956,256 shares, worth approximately $3.47 billion.
As published in a research note from UBS on April 02, 2025, Corebridge Financial Inc [CRBG] has been rated down from a Buy to a Sell and the price target has been revised to $28 from $40. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in late February. As of January 23, 2025, BMO Capital Markets has initiated its “an Outperform” rating for CRBG. Earlier on January 10, 2025, Deutsche Bank upgraded its rating. Their new recommendation was “a Buy” for CRBG stock which previously was a “a Hold”.
Analyzing CRBG Stock Performance
During the last five days, there has been a drop of approximately -5.44%. Over the course of the year, Corebridge Financial Inc shares have dropped approximately -8.82%. Shares of the company reached a 52-week high of $35.36 on 03/03/25 and a 52-week low of $23.69 on 04/07/25. A 50-day SMA is recorded $31.46, while a 200-day SMA reached $30.30.
Support And Resistance Levels for Corebridge Financial Inc (CRBG)
According to the 24-hour chart, there is a support level at 26.80, which, if violated, would cause prices to drop to 26.30. In the upper region, resistance lies at 28.02. The next price resistance is at 28.74. RSI (Relative Strength Index) is 40.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.83, which suggests the price will decrease in the coming days. Percent R is at 58.72%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
