Charles R. Schwab, co-chairman of The Charles Schwab Corporation (NYSE:SCHW), has disclosed a significant sale of company common stock, according to a recent filing. The transaction, dated November 9, 2026, involved 70,750 shares and generated a total value of $6,580,273. The shares were sold at prices ranging from $92.835 to $93.135 per share, with a weighted average sale price of $93.0074. These shares were held indirectly by a trust.
The sale comes as Schwab's stock trades at $93.03 with a price-to-earnings ratio of 16.0. An analysis suggests the stock remains undervalued relative to its Fair Value, placing it among opportunities on a platform's most undervalued stocks list.
In a separate transaction on November 10, 2026, Mr. Schwab made a gift of 31,850 shares of common stock. The gift had a reported value of $0 and also involved shares held indirectly by a trust.
Following these reported transactions, Mr. Schwab's indirect beneficial ownership of Charles Schwab Corporation common stock includes 53,232,016 shares held by a trust, 30,021,463 shares held by a limited partnership, 44,025 shares held by 188 Corp, and 10,624,797.33 shares held by his spouse as trustee.
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In other recent news, Charles Schwab reported adjusted earnings per share of $1.69, surpassing both Keefe Bruyette's estimate and consensus expectations of $1.66. Following this report, Keefe Bruyette lowered its price target for the company to $115 from $125 but maintained an Outperform rating. Similarly, Goldman Sachs adjusted its price target to $117 from $122, citing a lower-than-expected outlook for net interest income, though it kept a Buy rating. Evercore ISI also revised its price target downwards to $98 from $104, maintaining an In Line rating, and reduced its earnings per share estimates for 2027 and 2028.
Citizens reaffirmed its Market Outperform rating on Charles Schwab with a price target of $120, highlighting business momentum despite recent stock pressures. Meanwhile, Jefferies noted advancements in AI-agent trading tools, with Interactive Brokers introducing autonomous trading features that support a wide range of global stocks, options, and ETFs. These developments reflect a dynamic environment for Charles Schwab amidst varied analyst perspectives and technological advancements in the trading sector.