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A company insider recently sold 8,614 shares of Charles Schwab Corp [SCHW]. Should You Sale?

CHWY Stock

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Charles Schwab Corp shares valued at $689,129 were sold by Woolway Paul V on Mar 24 ’25. At $80.00 per share, Woolway Paul V sold 8,614 shares. The insider’s holdings dropped to 49,204 shares worth approximately $3.92 million following the completion of this transaction.

Also, Schwab-Pomerantz Carolyn sold 24,000 shares, netting a total of over 1,814,043 in proceeds. Following the sale of shares at $75.59 each, the insider now holds 515,329 shares.

Before that, Craig Jonathan M. had sold 23,258 shares from its account. In a trade valued at $1,757,986, the MD, Head of Investor Services traded Charles Schwab Corp shares for $75.59 each. Upon closing the transaction, the insider’s holdings decreased to 23,258 shares, worth approximately $0.0.

As published in a research note from TD Cowen on February 18, 2025, Charles Schwab Corp [SCHW] has been rated up from a Hold to a Buy and the price target has been revised to $103 from $88. Analysts at Wells Fargo upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in late January. As of December 09, 2024, Barclays has increased its “an Equal weight” rating to a “an Overweight” for SCHW. Earlier on September 12, 2024, Wells Fargo initiated its rating. Their recommendation was “an Equal weight” for SCHW stock.

Analyzing SCHW Stock Performance

During the last five days, there has been a surge of approximately 1.31%. Over the course of the year, Charles Schwab Corp shares have jumped approximately 7.55%. Shares of the company reached a 52-week high of $84.50 on 02/11/25 and a 52-week low of $69.46 on 03/10/25. A 50-day SMA is recorded $79.34, while a 200-day SMA reached $72.87.

Support And Resistance Levels for Charles Schwab Corp (SCHW)

According to the 24-hour chart, there is a support level at 78.97, which, if violated, would cause prices to drop to 78.34. In the upper region, resistance lies at 80.42. The next price resistance is at 81.24. RSI (Relative Strength Index) is 54.96 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.02, which suggests the price will increase in the coming days. Percent R is at 13.92%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

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