Insider Selling: Carrie E. Dwyer Sells 8,805 Shares of Charles Schwab Corp Stock (SCHW)
Charles Schwab Corp (NASDAQ:SCHW) EVP Carrie E. Dwyer sold 8,805 shares of Charles Schwab Corp stock in a transaction dated Thursday, April 17th. The shares were sold at an average price of $27.11, for a total transaction of $238,703.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on SCHW. Analysts at Zacks reiterated a “neutral” rating on shares of Charles Schwab Corp in a research note on Wednesday. They now have a $27.50 price target on the stock. Separately, analysts at Compass Point raised their price target on shares of Charles Schwab Corp from $25.00 to $28.00 in a research note on Wednesday. They now have a “neutral” rating on the stock. Finally, analysts at UBS AG upgraded shares of Charles Schwab Corp from a “neutral” rating to a “buy” rating in a research note on Monday. They now have a $33.00 price target on the stock, up previously from $28.00. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $23.73.
Charles Schwab Corp (NASDAQ:SCHW) traded up 0.75% during mid-day trading on Friday, hitting $27.04. 7,389,420 shares of the company’s stock traded hands. Charles Schwab Corp has a 52-week low of $16.05 and a 52-week high of $29.13. The stock’s 50-day moving average is $26.79 and its 200-day moving average is $25.05. The company has a market cap of $35.113 billion and a price-to-earnings ratio of 34.41.
Charles Schwab Corp (NASDAQ:SCHW) last posted its quarterly earnings results on Tuesday, April 15th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the previous year, the company posted $0.15 earnings per share. The company’s revenue for the quarter was up 14.6% on a year-over-year basis. Analysts expect that Charles Schwab Corp will post $0.97 EPS for the current fiscal year.
The Charles Schwab Corporation (NASDAQ:SCHW) is a savings and loan holding company.
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