Shares of The Charles Schwab Corporation (NYSE:SCHW) Sees Large Inflow of Net Money Flow

The Charles Schwab Corporation (NYSE:SCHW) dropped by -2.2 or -0.64 points during the last session to $28.45 per share. One of the highlights of the day was the net money flow figure, which stood at $23.94 million even as the stock accepted $63.13 million in upticks but rejected $39.19 million in downticks. The up/down ratio for the last observation was a 1.61. The 1-week percentage change for the stock price is registered at -2.64%.A block transaction occurred with $36.15 million in upticks and $12.86 million in downticks while the up/down ratio was calculated to be 2.81. The stock witnessed a net inflow of $23.29 million at the end of the block trade.


Currently the company Insiders own 12.6% of The Charles Schwab Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.89% . Institutional Investors own 77.95% of The Charles Schwab Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -0.88%. On the companys insider trading activities, Adams John K Jr, director of Schwab Charles Corp, executed a transaction worth $149,989 on May 31, 2016. A total of 4,900 shares were purchased at an average price of $30.61. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

The Charles Schwab Corporation (NYSE:SCHW) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.31 points or 1.09% at $28.14 with 6,301,353 shares getting traded. Post opening the session at $28.26, the shares hit an intraday low of $28.06 and an intraday high of $28.59 and the price was in this range throughout the day. The company has a market cap of $37,192 million and the number of outstanding shares have been calculated to be 1,321,691,070 shares. The 52-week high of The Charles Schwab Corporation (NYSE:SCHW) is $35.72 and the 52-week low is $21.51.

Many analysts have stated their opinion on the company shares. Deutsche Bank maintains their rating on the shares of The Charles Schwab Corporation (NYSE:SCHW). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $35 per share from $33 per share. The rating by the firm was issued on May 27, 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.

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