Schwab Trading Volume Surges 38 to 104th Rank as 20B Buyback Spurs Investor Activity

On August 20, 2025, The Charles Schwab Corporation (SCHW) recorded a trading volume of $0.90 billion, a 38.22% increase from the previous day, ranking it 104th in market activity. The stock closed down 0.26%, reflecting mixed investor sentiment ahead of key corporate developments.

The company announced a quarterly dividend of $0.27 per share and initiated a $20 billion stock buyback program. Institutional investors adjusted their stakes, with Steward Partners Investment Advisory increasing its position by 5.0% in the first quarter, while Raymond James Financial reduced its holdings by 2.8%. Vanguard Group and Primecap Management Co. significantly expanded their stakes, collectively holding 84.38% of the stock.

Insider sales added to market caution, as Walter W. Bettinger sold 173,876 shares, a 22.74% reduction in his ownership, and Paul V. Woolway sold 3,290 shares. These moves contrasted with management’s confidence in the buyback program, which authorizes repurchasing 11.6% of shares, signaling undervaluation.

Analysts maintained a “Moderate Buy” consensus, with an average target price of $99.60. Recent adjustments included UBS Group raising its target to $96.00 and Wells Fargo setting a $102.00 price objective. Earnings momentum supported this outlook, as SCHW reported $1.14 EPS, exceeding estimates, with revenue up 24.8% year-over-year.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered moderate returns. The 1-day return was 0.98%, with a total return of 31.52% over 365 days, reflecting captured short-term momentum amid market volatility and timing risks.