The Charles Schwab Corporation (NYSE:SCHW) insider Marie A. Chandoha sold 4,500 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $44.50, for a total transaction of $200,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of The Charles Schwab Corporation (SCHW) opened at 44.28 on Thursday. The Charles Schwab Corporation has a 12-month low of $30.66 and a 12-month high of $44.61. The company’s 50-day moving average is $40.79 and its 200-day moving average is $40.83. The company has a market cap of $59.30 billion, a price-to-earnings ratio of 29.72 and a beta of 1.68.

The Charles Schwab Corporation (NYSE:SCHW) last issued its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39. The Charles Schwab Corporation had a net margin of 26.73% and a return on equity of 15.41%. The business had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the previous year, the firm earned $0.30 earnings per share. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. Equities research analysts predict that The Charles Schwab Corporation will post $1.62 earnings per share for the current year.

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Large investors have recently modified their holdings of the business. WealthTrust Arizona LLC lifted its holdings in The Charles Schwab Corporation by 1.2% during the second quarter. WealthTrust Arizona LLC now owns 2,466 shares of the financial services provider’s stock valued at $106,000 after purchasing an additional 29 shares in the last quarter. Shine Investment Advisory Services Inc. purchased a new position in The Charles Schwab Corporation during the second quarter valued at approximately $145,000. Fiduciary Trust Co. purchased a new position in The Charles Schwab Corporation during the second quarter valued at approximately $163,000. Founders Capital Management purchased a new position in The Charles Schwab Corporation during the first quarter valued at approximately $159,000. Finally, Paradigm Asset Management Co. LLC lifted its holdings in The Charles Schwab Corporation by 4.7% during the second quarter. Paradigm Asset Management Co. LLC now owns 4,450 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 200 shares in the last quarter. 79.53% of the stock is currently owned by institutional investors and hedge funds.

SCHW has been the topic of a number of research analyst reports. Wells Fargo & Company reiterated a “market perform” rating and issued a $44.00 target price (up from $42.00) on shares of The Charles Schwab Corporation in a research note on Monday, June 12th. BidaskClub upgraded shares of The Charles Schwab Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Keefe, Bruyette & Woods restated a “buy” rating and set a $46.00 price target on shares of The Charles Schwab Corporation in a research note on Friday, June 16th. William Blair restated an “outperform” rating on shares of The Charles Schwab Corporation in a research note on Friday, June 16th. Finally, Deutsche Bank AG dropped their price target on shares of The Charles Schwab Corporation from $47.00 to $46.00 and set a “buy” rating on the stock in a research note on Tuesday, July 4th. Six investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $45.56.

About The Charles Schwab Corporation

The Charles Schwab Corporation (CSC) is a savings and loan holding company. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services.

Insider Buying and Selling by Quarter for The Charles Schwab Corporation (NYSE:SCHW)

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