Skylands Capital LLC increased its stake in The Charles Schwab Corporation by 87.4% during the third quarter, purchasing an additional 12,850 shares and bringing its total ownership to 27,550 shares valued at $2.63 million. This comes amidst other institutional investors also adjusting their positions in SCHW. However, the article also notes recent insider selling by Charles Schwab executives and discusses a mixed sentiment among analysts and market commentators, partly due to concerns about new AI products posing a threat to wealth management margins.
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Skylands Capital LLC Acquires 12,850 Shares of The Charles Schwab Corporation $SCHW
Skylands Capital LLC increased its stake in The Charles Schwab Corporation by 87.4% during the third quarter, purchasing an additional 12,850 shares and bringing its total ownership to 27,550 shares valued at $2.63 million. This comes amidst other institutional investors also adjusting their positions in SCHW. However, the article also notes recent insider selling by Charles Schwab executives and discusses a mixed sentiment among analysts and market commentators, partly due to concerns about new AI products posing a threat to wealth management margins.