.jpg "Svb Financial Group (NASDAQ: SIVB)")
Today, the Head of Human Resources of Svb Financial Group (NASDAQ: SIVB), Christopher Edmonds-Waters, sold shares of SIVB for $738.5K.
Following Christopher Edmonds-Waters’ last SIVB Sell transaction on November 17, 2017, the stock climbed by 106.1%. In addition to Christopher Edmonds-Waters, one other SIVB executive reported Sell trades in the last month.
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Based on Svb Financial Group’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $577 million and quarterly net profit of $195 million. In comparison, last year the company earned revenue of $436 million and had a net profit of $101 million. SIVB’s market cap is $17B and the company has a P/E ratio of 29.40. Currently, Svb Financial Group has an average volume of 357.7K.
Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $315.18, reflecting a 2.2% upside.
The insider sentiment on Svb Financial Group has been negative according to 97 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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.
