Schw stock price forecast consensus from major brokerages

Schw stock price forecast consensus from major brokerages indicates moderate upside, with targets clustering around $ We can report that insiders do own shares in The Charles Schwab Corporation. It is a very large company, and board members collectively own US$2.0b worth of shares (at current prices). we sometimes take an interest in whether they have been buying or selling. Charles Schwab declared that its Board of Directors has approved a share repurchase program on Thursday, July 24th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to reacquire up to 11.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued. Insider Activity at Charles Schwab In related news, insider Nigel J. Murtagh sold 24,096 shares of the business's stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $97.91, for a total transaction of $2,359,239.36. Following the transaction, the insider owned 58,999 shares in the company, valued at $5,776,592.09. The trade was a 29.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, insider Jonathan S. Beatty sold 6,144 shares of the business's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $96.81, for a total transaction of $594,800.64. Following the transaction, the insider owned 11,923 shares in the company, valued at $1,154,265.63. This represents a 34.01% decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 263,923 shares of company stock valued at $25,932,955 in the last quarter. 6.30% of the stock is currently owned by company insiders. Institutional Investors Weigh In On Charles Schwab Hedge funds and other institutional investors have recently made changes to their positions in the business. Atwood & Palmer Inc. bought a new position in shares of Charles Schwab during the first quarter worth $25,000. Princeton Global Asset Management LLC bought a new stake in Charles Schwab during the 2nd quarter valued at $25,000. Westside Investment Management Inc. boosted its stake in Charles Schwab by 75.0% in the first quarter. Westside Investment Management Inc. now owns 350 shares of the financial services provider's stock valued at $27,000 after acquiring an additional 150 shares in the last quarter. RMG Wealth Management LLC purchased a new position in Charles Schwab during the 2nd quarter worth $27,000. Finally, CBIZ Investment Advisory Services LLC raised its stake in Charles Schwab by 97.9% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 386 shares of the financial services provider's stock worth $30,000 after acquiring an additional 191 shares during the last quarter. Hedge funds and other institutional investors own 84.38% of the company's stock. Charles Schwab Company Profile ( Get Free Report ) The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services. Featured Articles Five stocks we like better than Charles Schwab Financial Services Stocks Investing Microsoft Stock Hits Stride in 2025—How Much More Can It Run? How to trade using analyst ratings How Berkshire's OxyChem Buy Cements Its Long-Term Strength The Risks of Owning Bonds Oklo Insiders Sell! Oh No! This Is Why Investors Shouldn’t Worry This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Charles Schwab Right Now? Before you consider Charles Schwab, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Charles Schwab wasn't on the list. While Charles Schwab currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company. Get This Free Report