Insider buy at Charles Schwab (SCHW) is Significant Breaks Selling Trend of Last Quarter

Wednesday, November 08, 2017 10:15 PM ET

Insider buy at Charles Schwab (SCHW) is Significant Breaks Selling Trend of Last Quarter

One Charles Schwab insider — Walter W Bettinger, Director and Officer — today, bought 72,510 shares having a market value of approximately $1,973,177, as revealed in a form 4 document filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the selling of 636,859 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 564,349 shares and have averaged 118,228 shares per transaction over this time period.

The number of insider buy/sell trades at Charles Schwab is greater than the 15 peer company average over the last 90-day period. The Investment Banking & Brokerage Services peer group saw 25 buy/sell trades during this period for an average of 1.7 transactions per company. The number of shares per buy/sell trade for Charles Schwab insiders was also higher. Within the peer group there were 200,000 shares purchased and 905,367 shares sold with company insiders disposing of 28,215 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to evaluate and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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