The CHRO of Svb Financial Group is Exercising Options


Today it was reported that the CHRO of Svb Financial Group (SIVB), Christopher Edmonds-Waters, exercised options to sell 3,669 SIVB shares at $133.42 a share, for a total transaction value of $889.3K.

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Based on Svb Financial Group’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $715 million and quarterly net profit of $266 million. In comparison, last year the company earned revenue of $554 million and had a net profit of $117 million. SIVB’s market cap is $12.64B and the company has a P/E ratio of 13.27. Currently, Svb Financial Group has an average volume of 161.7K.

Based on 9 analyst ratings, the analyst consensus is Strong Buy with an average price target of $303.78, reflecting a 25.2% upside.

The insider sentiment on Svb Financial Group has been negative according to 85 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Christopher Edmonds-Waters’ trades have generated a -15.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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SVB Financial Group is a financial, and bank holding company, which engages in the provision of banking, and financial products and services. It operates through the following segment: Global Commercial Bank, SVB Private Bank, and SVB Capital.

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