Shares of The Charles Schwab Corporation (NYSE:SCHW) Sees Large Outflow of Money

The Charles Schwab Corporation (NYSE:SCHW) : Net money flow in The Charles Schwab Corporation (NYSE:SCHW) was negative ($3.56 million) and the inflow of money on uptick was $33.32 million, whereas, the outflow of money on downticks amounted to $36.88 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.9. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $13.85 million. On the other hand, the total value of block trades done on downticks was $24.59 million. The ratio of uptick to downtick block trades was 0.56. The money flow in block trades was negative ($10.74). The Charles Schwab Corporation (NYSE:SCHW) gained $0.59 cent during the day and reached $25.15, a gain of 2.4% over the previous day.


In an insider trading activity, Adams John K Jr, director of Schwab Charles Corp, had purchased 4,900 shares on May 31, 2016. The total value of the transaction was $149,989. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered. 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 77.96% 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%.

The company shares have dropped -25.85% from its 1 Year high price. On Aug 6, 2015, the shares registered one year high at $35.72 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $28.70 and the 200 Day Moving Average price is recorded at $27.99. The Charles Schwab Corporation (NYSE:SCHW): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.10 and $24.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.40. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.30, notching a gain of 3.01% for the day. The total traded volume was 26,042,690 . The stock had closed at $24.56 on the previous day.

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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