Cibc World Market Inc. Decreases Holdings in The Charles Schwab Corporation $SCHW

Market Beat
2026.06.05 08:04
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CIBC World Market Inc. reduced its stake in The Charles Schwab Corporation by 4.7% in Q4, holding 253,743 shares valued at $25.35 million. Other institutional investors adjusted positions: First National Trust Co and Brookwood Investment Group LLC increased holdings, while Juno Financial Group LLC initiated a new position. Insider Nigel J. Murtagh sold 41,297 shares under a Rule 10b5-1 plan. Analysts revised price targets; JPMorgan raised its target to $131 with an 'overweight' rating, while UBS lowered its to $119. The consensus rating remains 'Moderate Buy'.