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charles schwab faces analyst skepticism despite strong earnings and dividend increase

Chairman Walter W. Bettinger sold 464,629 shares of the company at an average price of $81.91, totaling over $38 million, reducing his stake by 35.96%. Following the sale, he holds 827,377 shares valued at approximately $67.77 million. Over the past ninety days, insiders have sold 501,087 shares worth nearly $41 million, with insiders owning 6.60% of the stock. Charles Schwab reported a quarterly earnings per share of $1.01, exceeding estimates, and announced a dividend increase to $0.27 per share, reflecting a 1.39% yield.

charles schwab chairman reduces stake as insiders sell significant shares

The chairman of Charles Schwab now holds 827,377 shares valued at approximately $67.77 million after a 35.96% reduction in their position. Over the past 90 days, insiders sold 501,087 shares worth $40.95 million, with corporate insiders owning 6.60% of the stock. The company recently reported a quarterly EPS of $1.01, exceeding estimates, and announced a dividend increase to $0.27 per share, reflecting a 1.39% yield.
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