F&G Annuities Leads Q1 2025 Insider Buying Among Mid-Cap Insurance Stocks

F&G Annuities & Life, Inc. (NYSE: FG), a Des Moines-based provider of annuity and life insurance products, led insider buying activity among mid-cap stocks in Q1 2025.

The company offers fixed indexed annuities, indexed universal life insurance, and pension risk transfer solutions to retail and institutional clients through independent agents, banks, and broker-dealers. Recent financial results showed a strong turnaround with Q4 net earnings of $323 million, reversing a loss from the previous year.

The full-year net earnings also improved significantly to $622 million from a loss in the prior year. Adjusted net earnings, excluding one-time items, rose substantially both in Q4 and for the full year compared to 2023. In March 2025, four insiders, including CEO Christopher Blunt, purchased $152.62 million worth of company shares, signaling confidence in the firm’s prospects despite the stock’s year-to-date decline of 16.84%.

The insider buying may indicate positive corporate expectations during a turbulent market environment marked by macroeconomic uncertainties and federal policy concerns. Analyst consensus rates F&G stock as a "Hold" with a target price of $40.00. The company’s Q1 insider buying activity places it at the top of mid-cap stocks favored by insiders, reflecting strategic positioning amid broader equity market volatility and shifting investor focus. This insider activity provides valuable insights into executive perspectives on F&G's financial health and growth potential within the insurance sector amid evolving economic conditions.