Charles Schwab (NYSE:SCHW) Insider Jonathan Beatty Sells 2,000 Shares

The Charles Schwab Corporation (NYSE:SCHW) insider Jonathan Beatty sold 2,000 shares of the business’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $105.00, for a total value of $210,000.00. Following the transaction, the insider directly owned 21,768 shares of the company’s stock, valued at $2,285,640. The trade was a 8.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Charles Schwab Price Performance

Shares of NYSE:SCHW traded down $1.81 during trading on Friday, reaching $102.24. The company had a trading volume of 8,712,187 shares, compared to its average volume of 7,538,009. The company has a fifty day moving average of $97.83 and a two-hundred day moving average of $95.87. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $181.68 billion, a P/E ratio of 21.94, a price-to-earnings-growth ratio of 0.86 and a beta of 0.94. The Charles Schwab Corporation has a 12 month low of $65.88 and a 12 month high of $105.81.

Charles Schwab (NYSE:SCHW) last released its earnings results on Wednesday, January 21st. The financial services provider reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.07. Charles Schwab had a return on equity of 22.07% and a net margin of 37.01%.The business had revenue of $6.34 billion for the quarter, compared to analysts’ expectations of $6.19 billion. During the same quarter in the prior year, the firm earned $1.01 earnings per share. The firm’s revenue was up 18.9% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Equities research analysts forecast that The Charles Schwab Corporation will post 4.22 earnings per share for the current year.

Wall Street Analyst Weigh In

SCHW has been the subject of several recent research reports. Raymond James Financial reissued an “outperform” rating and issued a $114.00 price target on shares of Charles Schwab in a research note on Monday, January 5th. Piper Sandler lifted their price objective on Charles Schwab from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Barclays raised their price target on Charles Schwab from $120.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday. JPMorgan Chase & Co. boosted their price objective on Charles Schwab from $119.00 to $121.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Finally, TD Cowen raised their target price on shares of Charles Schwab from $135.00 to $138.00 and gave the stock a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Charles Schwab has a consensus rating of “Moderate Buy” and a consensus target price of $115.60.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Charles Schwab in the 2nd quarter worth approximately $1,889,858,000. Brown Advisory Inc. grew its stake in shares of Charles Schwab by 88.4% in the second quarter. Brown Advisory Inc. now owns 12,162,260 shares of the financial services provider’s stock worth $1,109,687,000 after acquiring an additional 5,708,208 shares during the last quarter. Primecap Management Co. CA increased its holdings in shares of Charles Schwab by 35.9% during the second quarter. Primecap Management Co. CA now owns 19,034,806 shares of the financial services provider’s stock valued at $1,736,736,000 after acquiring an additional 5,032,728 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Charles Schwab by 28.3% during the second quarter. Bank of New York Mellon Corp now owns 14,182,132 shares of the financial services provider’s stock valued at $1,293,978,000 after acquiring an additional 3,125,179 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Charles Schwab by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 151,182,081 shares of the financial services provider’s stock worth $13,793,853,000 after purchasing an additional 2,786,829 shares during the last quarter. 84.38% of the stock is currently owned by institutional investors.

About Charles Schwab

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.