Today, the EVP – Corporate Risk of Charles Schwab (SCHW), Nigel Murtagh, bought shares of SCHW for $648.1K.
Following this transaction Nigel Murtagh’s holding in the company was increased by 42.17% to a total of $2.13 million. In addition to Nigel Murtagh, 10 other SCHW executives reported Buy trades in the last month.
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Based on Charles Schwab’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.96 billion and quarterly net profit of $935 million. In comparison, last year the company earned revenue of $2.36 billion and had a net profit of $597 million. SCHW’s market cap is $60.83B and the company has a P/E ratio of 18.63. Currently, Charles Schwab has an average volume of 4.33M.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $51.07, reflecting a 11.6% upside. Six different firms, including Barclays and Credit Suisse, currently also have a Buy rating on the stock.
The insider sentiment on Charles Schwab has been neutral according to 98 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
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The Charles Schwab Corp. is a savings and loan holding company, which engages in the provision of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates through the Investor Services and Advisor Services segments.
