Insider Selling: SVB Financial Group (SIVB) Insider Sells 4,500 Shares of Stock

SVB Financial Group (NASDAQ:SIVB) insider Gregory W. Becker sold 4,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $243.49, for a total transaction of $1,095,705.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

SVB Financial Group (NASDAQ:SIVB) traded up $11.57 on Friday, reaching $238.65. 942,717 shares of the company’s stock traded hands, compared to its average volume of 437,886. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.16. SVB Financial Group has a 12 month low of $159.44 and a 12 month high of $263.09. The stock has a market capitalization of $12,707.92, a P/E ratio of 25.91, a P/E/G ratio of 1.58 and a beta of 1.49.

SVB Financial Group (NASDAQ:SIVB) last posted its earnings results on Thursday, January 25th. The bank reported $2.19 EPS for the quarter, missing analysts’ consensus estimates of $2.60 by ($0.41). SVB Financial Group had a return on equity of 12.83% and a net margin of 24.25%. The firm had revenue of $545.97 million for the quarter, compared to analyst estimates of $523.45 million. During the same period in the previous year, the firm posted $1.89 earnings per share. equities research analysts anticipate that SVB Financial Group will post 13.85 EPS for the current year.

SIVB has been the subject of a number of recent analyst reports. Maxim Group restated a “buy” rating and issued a $300.00 target price (up from $250.00) on shares of SVB Financial Group in a report on Wednesday, January 10th. ValuEngine downgraded shares of SVB Financial Group from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Stephens restated a “buy” rating on shares of SVB Financial Group in a report on Friday, January 26th. Zacks Investment Research upgraded shares of SVB Financial Group from a “hold” rating to a “buy” rating and set a $271.00 target price for the company in a report on Wednesday, December 27th. Finally, Barclays boosted their target price on shares of SVB Financial Group from $217.00 to $251.00 and gave the company an “equal weight” rating in a report on Tuesday, January 2nd. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $239.92.

A number of institutional investors and hedge funds have recently bought and sold shares of SIVB. Toronto Dominion Bank raised its holdings in SVB Financial Group by 525.6% in the second quarter. Toronto Dominion Bank now owns 782 shares of the bank’s stock valued at $137,000 after acquiring an additional 657 shares in the last quarter. Green Square Capital LLC acquired a new stake in SVB Financial Group in the third quarter valued at $206,000. Lourd Capital LLC acquired a new stake in SVB Financial Group in the fourth quarter valued at $207,000. IPG Investment Advisors LLC acquired a new stake in SVB Financial Group in the fourth quarter valued at $213,000. Finally, Pinnacle Financial Partners Inc. acquired a new stake in SVB Financial Group in the fourth quarter valued at $214,000. 91.45% of the stock is currently owned by hedge funds and other institutional investors.

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SVB Financial Group Company Profile

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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