Svb Financial Group (SIVB): John China , Head of Relationship Banking of Svb Financial Group sold 645 shares on Apr 14, 2016. The Insider selling transaction was reported by the company on Apr 18, 2016 to the Securities and Exchange Commission. The shares were sold at $110.00 per share for a total value of $70,950.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 18, 2016, John China (Head of Relationship Banking) sold 645 shares at $110.00 per share price.On Feb 24, 2016, Garen K Staglin (director) purchased 3,000 shares at $88.00 per share price.Also, On Feb 16, 2016, Mary J Miller (director) purchased 1,000 shares at $79.25 per share price.On Jan 4, 2016, Gregory W Becker (President and CEO) sold 14,467 shares at $121.39 per share price.
Shares of SVB Financial Group (SIVB) ended Friday, Apr 15, 2016 session in red amid volatile trading. The shares closed down -0.8 points or -0.73% at $108.82 with 3,26,047 shares getting traded. Post opening the session at $109.77, the shares hit an intraday low of $108.07 and an intraday high of $110.29 and the price vacillated in this range throughout the day. The company has a market cap of $5,617 M and the number of outstanding shares has been calculated to be 5,16,13,882 shares. The 52-week high of SVB Financial Group is $152.9899 and the 52-week low is $77.871.
Company has been under the radar of several Street Analysts.SVB Financial Group is Reiterated by Barclays to Overweight while Lowering the Price Target of the company shares to $ 130 from a previous price target of $150 . The Rating was issued on Mar 24, 2016.SVB Financial Group is Upgraded by Piper Jaffray to Overweight. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jan 22, 2016.SVB Financial Group is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 125 from a previous price target of $150 . The Rating was issued on Jan 22, 2016.
Currently the company Insiders own 0.78% of SVB Financial Group shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 39.12%.Institutional Investors own 91.37% of SVB Financial Group shares.During last six month period, the net percent change held by insiders has seen a change of -4.78%.
SVB Financial Group (SVB Financial) is a diversified financial services bank holding and financial holding company. The Company operates through three segments: Global Commercial Bank SVB Private Bank and SVB Capital. The Company through its subsidiaries and divisions offers a range of banking and financial products and services to clients across the United States as well as in key international entrepreneurial markets. The Company offers services in the technology life science and healthcare private equity and venture capital and premium wine industries. The Company offers commercial and private banking products and services through its principal subsidiary Silicon Valley Bank (the Bank) which is a California state-chartered bank. The Bank and its subsidiaries also offer asset management private wealth management brokerage and other investment services. SVB Private Bank provides personal financial solutions. SVB Capital focuses primarily on funds management.