Share on StockTwits

Charles Schwab Corp (NASDAQ:SCHW) EVP Bernard J. Clark sold 26,115 shares of Charles Schwab Corp stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $28.98, for a total transaction of $756,812.70. Following the completion of the sale, the executive vice president now directly owns 2,289 shares in the company, valued at approximately $66,335. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Deutsche Bank initiated coverage on shares of Charles Schwab Corp in a research note on Thursday, August 14th. They set a “buy” rating and a $34.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Charles Schwab Corp in a research note on Monday, July 28th. They now have a $29.00 price target on the stock, up previously from $27.00. Finally, analysts at Sandler O’Neill raised their price target on shares of Charles Schwab Corp from $1.00 to $31.00 in a research note on Monday, July 28th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $30.00.

Shares of Charles Schwab Corp (NASDAQ:SCHW) traded down 1.32% on Wednesday, hitting $28.46. The stock had a trading volume of 1,564,234 shares. Charles Schwab Corp has a 1-year low of $20.44 and a 1-year high of $29.16. The stock has a 50-day moving average of $27.71 and a 200-day moving average of $26.75. The company has a market cap of $37.093 billion and a price-to-earnings ratio of 31.38.

Charles Schwab Corp (NASDAQ:SCHW) last issued its quarterly earnings data on Wednesday, July 16th. The company reported $0.23 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.23. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter last year, the company posted $0.18 earnings per share. Charles Schwab Corp’s revenue was up 10.5% compared to the same quarter last year. On average, analysts predict that Charles Schwab Corp will post $0.96 earnings per share for the current fiscal year.

The Charles Schwab Corporation (NASDAQ:SCHW) is a savings and loan holding company.

Receive News & Ratings for Charles Schwab Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charles Schwab Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.