Schwab Charles Corp (SCHW): John K Jr Adams , director of Schwab Charles Corp purchased 4,900 shares on May 31, 2016. The Insider buying transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were purchased at $30.61 per share for a total value of $149,984.09 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 31, 2016, Nigel J Murtagh (EVP – Corporate Risk) sold 2,500 shares at $30.29 per share price.On Apr 28, 2016, Charles R Schwab (Chairman) sold 50,950 shares at $29.88 per share price.Also, On Apr 27, 2016, Walter W Bettinger (President and CEO) sold 10,000 shares at $29.78 per share price.On Jan 21, 2016, William S Haraf (director) purchased 4,000 shares at $25.44 per share price.
Charles Schwab Corp: On Friday, May 27, 2016 heightened volatility was witnessed in Charles Schwab Corp which led to swings in the share price. The shares opened for trading at $30.26 and hit $30.64 on the upside , eventually ending the session at $30.63, with a gain of 1.59% or 0.48 points. The heightened volatility saw the trading volume jump to 55,81,800 shares. The 52-week high of the share price is $35.72 and the company has a market cap of $40,483 M . The 52-week low of the share price is at $21.51.
Company has been under the radar of several Street Analysts.Charles Schwab Corp is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 31 from a previous price target of $29 .The Rating was issued on Mar 15, 2016.
The Charles Schwab Corporation (CSC) is a savings and loan holding company. Through its subsidiaries the Company engages in wealth management securities brokerage banking money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services to individual investors retirement plan services and corporate brokerage services. The Advisor Services segment provides custodial trading and support services to independent investment advisors (IAs) and retirement business services to independent retirement plan advisors and record keepers. The Company offers a range of products to address individuals’ varying investment and financial needs. Its product offerings include brokerage mutual funds exchange-traded funds (ETFs) advice solutions banking and trust.