Charles Schwab Corp’s recent filing unveils that its Director Schwab Charles R. acquired Company’s shares for reported $0.48 million on Feb 18 ’25. In the deal valued at $81.40 per share,5,865 shares were bought.
Then, Schwab Charles R. sold 180,506 shares, generating $14,816,907 in total proceeds. Upon selling the shares at $82.09, the Co-Chairman now owns 60,540,223 shares.
Before that, Schwab Charles R. sold 125,000 shares. Charles Schwab Corp shares valued at $10,154,387 were divested by the Co-Chairman at a price of $81.24 per share. As a result of the transaction, Schwab Charles R. now holds 60,415,223 shares, worth roughly $4.92 billion.
TD Cowen upgraded its Charles Schwab Corp [SCHW] rating to a Buy from a a Hold in a research note published on February 18, 2025; the price target was increased to $103 from $88. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in late January from “an Equal weight” to “an Overweight”. Barclays also remained covering SCHW and has increased its forecast on December 09, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Wells Fargo started covering the stock on September 12, 2024. It rated SCHW as “an Equal weight”.
Price Performance Review of SCHW
On Tuesday, Charles Schwab Corp [NYSE:SCHW] saw its stock jump 1.42% to $81.48. Over the last five days, the stock has gained 0.38%. Charles Schwab Corp shares have risen nearly 10.09% since the year began. Nevertheless, the stocks have risen 29.27% over the past one year. While a 52-week high of $84.50 was reached on 02/11/25, a 52-week low of $61.01 was recorded on 01/14/25. SMA at 50 days reached $78.60, while 200 days put it at $72.49.
Levels Of Support And Resistance For SCHW Stock
The 24-hour chart illustrates a support level at 80.99, which if violated will result in even more drops to 80.50. On the upside, there is a resistance level at 81.87. A further resistance level may holdings at 82.25. The Relative Strength Index (RSI) on the 14-day chart is 53.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.23%. Stochastics %K at 17.11% indicates the stock is a buying.
