Roger Walther, Director at Charles Schwab Corp (NYSE:SCHW), completed a disposition of 25,041 shares of Common Stock yesterday. The shares were sold indirectly through a Trust and at a weighted average sale price of $28.12 per share. Following the insider’s first stock sale of the fiscal year, he now owns a total of 233,019 shares of the $35.8 billion market cap loan holding company.
While Walther hasn’t been very actively trading stock, other insiders, such as Charles Schwab, Chairman at the firm, completed several dispositions over the last few weeks. Last Friday, the insider unloaded 280,000 shares of Common Stock for $27.54 per share.
On another note, portfolio activity amongst hedge funds has varied over the past quarter, with some increases and decreases, as well as new entrants. Partner Fund Management, Christopher Medlock James’ hedge fund, entered a new shareholder position, by acquiring over 4.9 million company shares, with an estimated value of $136.5 million and accounting for 2.47% of the portfolio.