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

The Charles Schwab Corporation (SCHW) : $39.1 million worth of transactions were on upticks in The Charles Schwab Corporation (SCHW), compared to $24.62 million on downticks. The ratio between the two was 1.59, whereas, the net money flow stood at a healthy $14.49 million on Fridays session.The block trades show a bullish bias with only $0.32 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $13.74million worth of trades. The up-down ratio between the uptick and downtick was 43.49, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $13.43 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -1.53%. The stock was trading at $30.98, with a drop of $0.48 over the previous days close. The stock recorded 0.1% for the week.


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 -11.58% . Institutional Investors own 76.59% of The Charles Schwab Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -3.61%.

In a related news, The Securities and Exchange Commission has divulged that Murtagh Nigel J, officer (EVP – Corporate Risk) of Schwab Charles Corp, had unloaded 2,500 shares at an average price of $29.72 in a transaction dated on August 5, 2016. The total value of the transaction was worth $74,300.

The Charles Schwab Corporation (NYSE:SCHW): The stock opened at $31.12 and touched an intraday high of $31.37 on Friday. During the day, the stock corrected to an intraday low of $30.685, however, the bulls stepped in and pushed the price higher to close in the green at $31.27 with a gain of 0.94% for the day. The total traded volume for the day was 6,039,262. The stock had closed at $30.98 in the previous trading session.

The Charles Schwab Corporation (SCHW) : Traders are bullish on The Charles Schwab Corporation (SCHW) as it has outperformed the S&P 500 by a wide margin of 4.62% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.53%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.03% in the last 1 week, and is up 4.48% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *