Today, the President & CEO of Svb Financial Group (NASDAQ: SIVB), Gregory Becker, bought shares of SIVB for $497.8K.
Following Gregory Becker’s last SIVB Buy transaction on December 07, 2017, the stock climbed by 91.0%. This recent transaction increases Gregory Becker’s holding in the company by 11.96% to a total of $17.37 million.
See today’s analyst top recommended stocks >>
Based on Svb Financial Group’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $663 million and quarterly net profit of $238 million. In comparison, last year the company earned revenue of $475 million and had a net profit of $123 million. SIVB’s market cap is $17.07B and the company has a P/E ratio of 24.69. Currently, Svb Financial Group has an average volume of 544.7K.
17 different firms, including Barclays and Boenning & Scattergood, currently also have a Buy rating on the stock. Based on 12 analyst ratings, the analyst consensus is Strong Buy with an average price target of $362.42, reflecting a -11.2% downside.
The insider sentiment on Svb Financial Group has been negative according to 100 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
