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Why Charles Schwab (SCHW) Stock Is Down Today

Investivoq PriceTracker

Charles Schwab (SCHW) is down 3.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The sell-off appears tied to a mixed third-quarter earnings reaction. Schwab posted record revenue, earnings, and asset gathering, but investors seem to be focusing on a slight revenue shortfall versus expectations and a less enthusiastic response to net interest revenue trends.

Details:

  • Schwab released third-quarter 2026 results on October 15, 2026, with adjusted earnings per share of $1.69 and net revenue of $7.171 billion.
  • The company highlighted record quarterly core net new assets of $190.4 billion, a 38% year-over-year increase, plus total client assets of $13.33 trillion.
  • Net interest margin improved to 3.04%, while quarterly net interest revenue was $3.476 billion, suggesting that even with improvement, investors may have wanted a stronger contribution from this business line.
  • This could also be a case of profit-taking after a strong operating print, as the report showed solid growth in trading revenue, bank loans, and new brokerage accounts but did not deliver a clean beat across every closely watched metric.

    • Sources:

    Charles Schwab, SEC, Investing.com

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $SCHW Insider Trading Activity

    SCHW Insider Trades

    $SCHW insiders have traded $SCHW stock on the open market 50 times in the past 6 months. Of those trades, 1 have been purchases and 49 have been sales.

    Here’s a breakdown of recent trading of $SCHW stock by insiders over the last 6 months:

    • CHARLES R. SCHWAB (Co-Chairman) has made 0 purchases and 17 sales selling 1,056,948 shares for an estimated $105,298,187.
    • WALTER W BETTINGER (Co-Chairman) has made 0 purchases and 6 sales selling 536,494 shares for an estimated $58,021,931.
    • CAROLYN SCHWAB-POMERANTZ has made 0 purchases and 5 sales selling 82,936 shares for an estimated $8,718,458.
    • JONATHAN M. CRAIG (MD, Head of Retail Investing) has made 0 purchases and 3 sales selling 65,366 shares for an estimated $6,974,162.
    • NIGEL J MURTAGH (Chief Risk Officer) has made 0 purchases and 5 sales selling 63,675 shares for an estimated $6,756,696.
    • DENNIS HOWARD (MD, Chief Tech, OPS & Data Off) has made 0 purchases and 2 sales selling 30,198 shares for an estimated $3,182,043.
    • RICHARD A WURSTER (President & CEO) purchased 21,959 shares for an estimated $1,849,512
    • JONATHAN S BEATTY (MD, Head of Advisor Services) has made 0 purchases and 5 sales selling 9,000 shares for an estimated $917,833.
    • PETER J. III MORGAN (General Counsel) sold 6,952 shares for an estimated $709,341
    • NEESHA HATHI (MD, Head Wealth Adv, Bnk, Tst) has made 0 purchases and 2 sales selling 6,354 shares for an estimated $689,925.
    • PAULA A SNEED sold 5,263 shares for an estimated $563,954
    • FRANK C HERRINGER sold 2,520 shares for an estimated $228,313
    • ARUN SARIN sold 2,500 shares for an estimated $227,910

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $SCHW Hedge Fund Activity

    We have seen 1,048 institutional investors add shares of $SCHW stock to their portfolio, and 1,105 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • JPMORGAN CHASE & CO added 49,165,186 shares (+inf%) to their portfolio in Q2 2026, for an estimated $4,536,471,712
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 9,472,684 shares (+inf%) to their portfolio in Q2 2026, for an estimated $874,044,552
    • FMR LLC added 8,577,286 shares (+24.0%) to their portfolio in Q2 2026, for an estimated $791,426,179
    • WELLINGTON MANAGEMENT GROUP LLP added 7,537,489 shares (+1738.3%) to their portfolio in Q2 2026, for an estimated $695,484,110
    • BANK OF NEW YORK MELLON CORP removed 5,672,785 shares (-35.1%) from their portfolio in Q2 2026, for an estimated $523,427,871
    • PRICE T ROWE ASSOCIATES INC /MD/ removed 5,345,090 shares (-11.0%) from their portfolio in Q2 2026, for an estimated $493,191,454
    • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 4,680,363 shares (+158.5%) to their portfolio in Q2 2026, for an estimated $431,857,094

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $SCHW Price Targets

    Multiple analysts have issued price targets for $SCHW recently. We have seen 5 analysts offer price targets for $SCHW in the last 6 months, with a median target of $122.0.

    Here are some recent targets:

    • Benjamin Budish from Barclays set a target price of $122.0 on 07/09/2026
    • Michael Brown from UBS set a target price of $122.0 on 07/08/2026
    • Patrick Moley from Piper Sandler set a target price of $105.0 on 05/15/2026
    • Patrick O'Shaughnessy from Raymond James set a target price of $137.0 on 05/15/2026
    • Bill Katz from TD Cowen set a target price of $109.0 on 05/15/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.