The stock of Charles Schwab Corp (NYSE:SCHW) last traded at $80.44, down -1.70% from the previous session.
SCHW stock price is now 2.35% away from the 50-day moving average and 10.82% away from the 200-day moving average. The market capitalization of the company currently stands at $149.92B.
With the price target enhanced from $88 to $103, TD Cowen Upgraded its rating from Hold to Buy for Charles Schwab Corp (NYSE: SCHW). On January 22, 2025, Wells Fargo Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $89 to quote $93, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Schwab Charles R., Director bought 124,000 shares of the company’s stock on Feb 21 ’25. The stock was bought for $10,192,800 at an average price of $82.20. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 19 ’25, Co-Chairman Schwab Charles R. sold 124,000 shares of the business’s stock. A total of $10,163,449 was realized by selling the stock at an average price of $81.96. This leaves the insider owning 60,285,358 shares of the company worth $4.85 billion. A total of 16.67% of the company’s stock is owned by insiders.
During the past 12 months, Charles Schwab Corp has had a low of $61.01 and a high of $84.50.
The net profit margin was 21.07% and return on equity was 13.30% for SCHW. The company reported revenue of $5.33 billion for the quarter, compared to $4.46 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.51 percent.
