SVB Financial Group (NASDAQ:SIVB) Director Eric Benhamou sold 2,000 shares of the stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $226.01, for a total transaction of $452,020.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of SVB Financial Group (NASDAQ SIVB) traded down $3.74 during midday trading on Tuesday, hitting $227.53. 385,380 shares of the stock traded hands, compared to its average volume of 485,431. The company has a market cap of $12,033.85, a price-to-earnings ratio of 25.61, a PEG ratio of 2.18 and a beta of 1.62. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.18. SVB Financial Group has a one year low of $159.44 and a one year high of $236.18.

SVB Financial Group (NASDAQ:SIVB) last issued its earnings results on Thursday, October 26th. The bank reported $2.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.50. The company had revenue of $533.40 million for the quarter, compared to analyst estimates of $490.56 million. SVB Financial Group had a net margin of 25.07% and a return on equity of 11.88%. The company’s revenue for the quarter was up 23.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.12 EPS. equities research analysts expect that SVB Financial Group will post 9.5 EPS for the current year.

A number of equities research analysts have commented on SIVB shares. Zacks Investment Research lowered shares of SVB Financial Group from a “buy” rating to a “hold” rating in a report on Monday, November 13th. Barclays set a $217.00 price objective on shares of SVB Financial Group and gave the stock a “hold” rating in a report on Monday, October 30th. SunTrust Banks reissued a “buy” rating and set a $245.00 price objective on shares of SVB Financial Group in a report on Friday, November 17th. Wells Fargo & Company reissued an “outperform” rating and set a $240.00 price objective (up previously from $215.00) on shares of SVB Financial Group in a report on Thursday, November 9th. Finally, Maxim Group reissued a “buy” rating and set a $250.00 price objective (up previously from $220.00) on shares of SVB Financial Group in a report on Monday, October 30th. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $216.21.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Trust N.A. boosted its stake in shares of SVB Financial Group by 0.3% in the 2nd quarter. Raymond James Trust N.A. now owns 1,474 shares of the bank’s stock valued at $259,000 after purchasing an additional 4 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of SVB Financial Group by 0.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,661 shares of the bank’s stock valued at $1,347,000 after acquiring an additional 20 shares during the period. Pacer Advisors Inc. raised its position in shares of SVB Financial Group by 9.2% in the 2nd quarter. Pacer Advisors Inc. now owns 1,031 shares of the bank’s stock valued at $181,000 after acquiring an additional 87 shares during the period. Utah Retirement Systems raised its position in shares of SVB Financial Group by 1.1% in the 2nd quarter. Utah Retirement Systems now owns 9,600 shares of the bank’s stock valued at $1,687,000 after acquiring an additional 100 shares during the period. Finally, Macquarie Group Ltd. raised its position in shares of SVB Financial Group by 0.8% in the 2nd quarter. Macquarie Group Ltd. now owns 16,178 shares of the bank’s stock valued at $2,844,000 after acquiring an additional 122 shares during the period. 91.77% of the stock is currently owned by institutional investors.

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About SVB Financial Group

SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The Company’s segments include Global Commercial Bank, SVB Private Bank and SVB Capital. The Global Commercial Bank segment consists of the operations of its Commercial Bank, and of SVB Wine, SVB Analytics and its Debt Fund Investments.

Insider Buying and Selling by Quarter for SVB Financial Group (NASDAQ:SIVB)

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