Key insights
- Charles Schwab's co-chairman sold $6.58M in SCHW stock across two transactions in late April. Despite the sale, Schwab's valuation appears attractive with a low PEG ratio and a perfect Piotroski Score, indicating strong financial health. The stock currently trades at $90.76. While the sale itself is a slightly negative signal, Schwab still holds a substantial number of shares.
Charles R. Schwab, Co-Chairman of SCHWAB CHARLES CORP (NYSE:SCHW), sold shares of the company’s common stock totaling approximately $6.58 million across two transactions in late April. The sales occurred at prices ranging from $90.0017 to $90.5012 per share.The stock currently trades at $90.76, representing a P/E ratio of 18.05 and a notably low PEG ratio of 0.33, suggesting attractive valuation relative to growth prospects. According to InvestingPro analysis, Schwab appears undervalued at current levels, with the company maintaining a perfect Piotroski Score of 9—indicating strong financial health. The brokerage giant, valued at $158.24 billion, has delivered 21.2% revenue growth over the last twelve months.
On April 23, 2026, Mr. Schwab disposed of 36,450 shares of common stock. These shares were sold at a weighted average price of $90.5012 per share. According to a footnote in the filing, this transaction involved multiple trades with prices ranging from $90.43 to $90.68. The shares were held indirectly by a Trust.
A second transaction took place on April 27, 2026, where an additional 36,450 shares of common stock were sold. The weighted average price for these shares was $90.0017. This sale also involved multiple trades, with prices ranging from $90.00 to $90.02 per share, as detailed in the filing’s footnotes. These shares were also held indirectly by a Trust.
Following these transactions, Mr. Schwab continues to hold a substantial number of shares indirectly through various entities. These include 55,673,384 shares held by a Trust, 30,483,368 shares held by a Limited Partnership, 44,025 shares held by 188 Corp, and 9,509,797.33 shares held by a Spouse as Trustee.For deeper insights into Schwab’s valuation and financial metrics, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities on InvestingPro.
In other recent news, Charles Schwab reported impressive first-quarter results with adjusted earnings per share of $1.43, surpassing the consensus estimate of $1.39. The company’s net revenue for the quarter was $6.5 billion, marking a 16% increase compared to the previous year. In light of these results, Citizens has reiterated its Market Outperform rating with a price target of $120. Meanwhile, BofA Securities has raised its price target for Charles Schwab to $92 from $90, citing growth in cash sweep strategies. However, TD Cowen has lowered its price target to $108 from $128, despite maintaining a Buy rating, due to revised estimates for 2026 and 2027. Additionally, Charles Schwab’s Board of Directors declared a quarterly cash dividend of $0.32 per share, payable on May 22, 2026. These developments highlight the company’s ongoing performance and strategic adjustments in the financial landscape.
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