How Have Insiders Been Trading The Charles Schwab Corporation (SCHW) Stock?

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The Charles Schwab Corporation (NYSE:SCHW) saw an upside of 0.91% to close Monday at $77.73 after adding $0.7 on the day. The 5-day average trading volume is 13,416,660 shares of the company’s common stock. It has gained $84.51 in the past week and touched a new high 1 time within the past 5 days. An average of 7,979,695 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 7,467,902.

SCHW’s 1-month performance is -2.30% or -$4.04 on its low of $75.47 reached on 01/19/23. The company’s shares have touched a 52-week low of $59.35 and high of $96.24, with the stock’s rally to the 52-week high happening on 01/09/23. YTD, SCHW has lost -6.64% or -$5.53 and has reached a new high 3 times. However, the current price is down -19.23% from the 52-week high price.

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Insider Transactions

SCHW stock investors last saw insider trading activity on Jan 18.Craig Jonathan M. (Please ) most recently sold 51,144 shares at $80.30 per share on Jan 18. This transaction cost the insider $4,106,685. Co-Chairman, Schwab Charles R., sold 132,050 shares at a price of $79.66 on Nov 18. Then, on Nov 11, Co-Chairman Schwab Charles R. sold 132,050 shares at a price of $78.29 per share. This transaction amounted to $10,338,555.

Valuation Metrics

SCHW stock has a beta of 0.96. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 6.44 while the price-to-book (PB) in the most recent quarter is 5.49, with the price to cash flow ratio at 1732.10.

As well, the company’s long term debt to equity for the quarter ending September 29 was 0.78, while the total debt to equity was 15.59. In terms of profitability, the gross margin trailing 12 months is 93.10%. The firm’s gross profit as reported stood at $8.86 billion against revenue of $18.52 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 25.37% to $1.88 billion, while revenue of $1.65 billion was 12.31% off the previous quarter. Analysts expected SCHW to announce $1.05 per share in earnings in its latest quarter, but it posted $1.1, representing a 4.80% surprise. EBITDA for the quarter stood at more than $3.54 billion. Shareholders hold equity totaling $1.82 billion.

Let’s look briefly at The Charles Schwab Corporation (SCHW) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 33.29% to suggest the stock is trending Neutral, with historical volatility in this time period at 35.28%.

The stock’s 5-day moving average is $79.19, reflecting a -6.33% or -$5.25 change from its current price. SCHW is currently trading -4.33% above its 20-day SMA, +8.05% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -2.39% and SMA200 by-5.05%.

Stochastic %K and %D was 13.95% and 18.75% and the average true range (ATR) pointed at 2.32. The RSI (14) points at 38.63%, while the 14-day stochastic is at 20.25% with the period’s ATR at 2.17. The stock’s 9-day MACD Oscillator is pointing at -4.25 and -5.10 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for The Charles Schwab Corporation (NYSE: SCHW), BofA Securities downgraded it to an Underperform rating. They previously had a Buy rating on the stock. Analysts offering their rating for SCHW stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate SCHW as a “sell,”, while 8 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 13 have offered a “buy” rating.

What is SCHW’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $75.00 and a high of $120.00, with their median price target at $96.50. Looking at these predictions, the average price target given by analysts is for The Charles Schwab Corporation (SCHW) stock is $95.31.

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