Shares of SVB Financial Group (NASDAQ:SIVB) Sees Large Outflow of Money

SVB Financial Group (NASDAQ:SIVB) : The total money flow in SVB Financial Group (NASDAQ:SIVB) was negative ($1.13 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $2.04 million. Transactions on upticks were comparatively lower at $0.92 million. The uptick to downtick ratio was 0.45. The total block trades on downticks were valued at $1.53 million. The money flow during block trades was negative ($1.53 million) when the stock traded with a gain of $193 cent. SVB Financial Group (NASDAQ:SIVB) was $92.1, an increase of 2.14% over the previous days close.


In an insider trading activity, The director, of Svb Financial Group, Benhamou Eric had unloaded 1,365 shares at $110 per share in a transaction on June 1, 2016. The total value of transaction was $150,150. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. 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 -9.87% . Institutional Investors own 93.67% of SVB Financial Group shares. During last six month period, the net percent change held by insiders has seen a change of 4.27%.

The company shares have dropped -38.53% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $152.99 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $101.50 and the 200 Day Moving Average price is recorded at $101.71. SVB Financial Group (NASDAQ:SIVB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $91.92 and $90.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $93.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $92.65, notching a gain of 2.75% for the day. The total traded volume was 725,668 . The stock had closed at $90.17 on the previous day.

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.

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