Charles Schwab Corp’s recently made public that its Director Schwab-Pomerantz Carolyn unloaded Company’s shares for reported $1.81 million on Mar 06 ’25. In the deal valued at $75.59 per share,24,000 shares were sold. As a result of this transaction, Schwab-Pomerantz Carolyn now holds 515,329 shares worth roughly $40.08 million.
Then, Craig Jonathan M. sold 23,258 shares, generating $1,757,986 in total proceeds. Upon selling the shares at $75.59, the MD, Head of Investor Services now owns 0 shares.
Before that, Woolway Paul V sold 9,887 shares. Charles Schwab Corp shares valued at $745,253 were divested by the MD, Chief Banking Officer at a price of $75.38 per share. As a result of the transaction, Woolway Paul V now holds 47,931 shares, worth roughly $3.73 million.
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 Monday, Charles Schwab Corp [NYSE:SCHW] saw its stock jump 0.86% to $77.77. Over the last five days, the stock has gained 9.17%. Charles Schwab Corp shares have risen nearly 5.08% since the year began. Nevertheless, the stocks have risen 15.85% 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 03/10/25. SMA at 50 days reached $78.39, while 200 days put it at $72.62.
Levels Of Support And Resistance For SCHW Stock
The 24-hour chart illustrates a support level at 76.57, which if violated will result in even more drops to 75.36. On the upside, there is a resistance level at 78.65. A further resistance level may holdings at 79.52. The Relative Strength Index (RSI) on the 14-day chart is 51.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.12%. Stochastics %K at 60.33% indicates the stock is a holding.
How much short interest is there in Charles Schwab Corp?
A steep rise in short interest was recorded in Charles Schwab Corp stocks on 2025-02-28, growing by 3.5 million shares to a total of 16.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 13.34 million shares. There was a rise of 20.76%, which implies that there is a positive sentiment for the stock.
