Schwab Charles R. co-chairman sells $6.58m in SCHW stock

Charles R. Schwab, Co-Chairman of Schwab Charles Corp (NYSE:SCHW), sold approximately $6.58 million worth of company stock through two transactions in late April at prices ranging from $90.0017 to $90.5012 per share. Despite these sales, Schwab retains a significant indirect holding in the company. The company currently trades at $90.76, with an attractive P/E ratio of 18.05 and a PEG ratio of 0.33, indicating potential undervaluation and strong financial health based on InvestingPro analysis.

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