Corebridge Financial Inc’s recent filing unveils that its 10% Owner AMERICAN INTERNATIONAL GROUP, unloaded Company’s shares for reported $430.38 million on May 13 ’25. In the deal valued at $32.15 per share,13,386,629 shares were sold. As a result of this transaction, AMERICAN INTERNATIONAL GROUP, now holds 113,896,013 shares worth roughly $3.68 billion.
Then, American International Group, bought 13,386,629 shares, generating $438,947,565 in total proceeds.
Before that, Corebridge Financial, Inc. sold 140,001 shares. Corebridge Financial Inc shares valued at $4,757,377 were divested by the at a price of $33.98 per share. As a result of the transaction, Corebridge Financial, Inc. now holds 134,286 shares, worth roughly $4.34 million.
UBS downgraded its Corebridge Financial Inc [CRBG] rating to a Sell from a a Buy in a research note published on April 02, 2025; the price target was decreased to $28 from $40. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late February from “an Equal-weight” to “an Overweight”. BMO Capital Markets began covering CRBG with “an Outperform” recommendation on January 23, 2025. Deutsche Bank revised its rating on January 10, 2025. It rated CRBG as “a Buy” which previously was an “a Hold”.
Price Performance Review of CRBG
On Monday, Corebridge Financial Inc [NYSE:CRBG] saw its stock jump 0.90% to $32.34. Over the last five days, the stock has lost -2.77%. Corebridge Financial Inc shares have risen nearly 8.05% since the year began. Nevertheless, the stocks have risen 11.36% over the past one year. While a 52-week high of $35.36 was reached on 03/03/25, a 52-week low of $23.69 was recorded on 04/07/25.
Levels Of Support And Resistance For CRBG Stock
The 24-hour chart illustrates a support level at 32.02, which if violated will result in even more drops to 31.70. On the upside, there is a resistance level at 32.61. A further resistance level may holdings at 32.87.
