Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Charles Schwab Corp shares valued at $38,460,362 were purchased by Bettinger Walter W on Feb 12 ’25. At $82.78 per share, Bettinger Walter W acquired 464,629 shares.
Also, Schwab Charles R. purchased 180,506 shares, netting a total of over 14,711,239 in proceeds.
Before that, Schwab-Pomerantz Carolyn had sold 24,000 shares from its account. In a trade valued at $1,984,846, the Director traded Charles Schwab Corp shares for $82.70 each. Upon closing the transaction, the insider’s holdings decreased to 24,000 shares, worth approximately $43.19 million.
As published in a research note from Wells Fargo on January 22, 2025, Charles Schwab Corp [SCHW] has been rated up from an Equal weight to an Overweight and the price target has been revised to $93 from $89. Analysts at Barclays upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in early December. As of September 12, 2024, Wells Fargo has initiated its “an Equal weight” rating for SCHW. Earlier on July 29, 2024, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for SCHW stock which previously was a “an Overweight”.
Analyzing SCHW Stock Performance
During the last five days, there has been a surge of approximately 0.50%. Over the course of the year, Charles Schwab Corp shares have jumped approximately 11.17%. Shares of the company reached a 52-week high of $84.50 on 02/11/25 and a 52-week low of $71.31 on 01/14/25. A 50-day SMA is recorded $78.64, while a 200-day SMA reached $72.39. Nevertheless, trading volume fell to 60.76 million shares from 59.33 million shares the previous day.
Support And Resistance Levels for Charles Schwab Corp (SCHW)
According to the 24-hour chart, there is a support level at 81.31, which, if violated, would cause prices to drop to 80.33. In the upper region, resistance lies at 83.21. The next price resistance is at 84.13. RSI (Relative Strength Index) is 57.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.24, which suggests the price will decrease in the coming days. Percent R is at 52.36%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
