SVB Financial Group (NASDAQ:SIVB) : During the past 4 weeks, traders have been relatively bearish on SVB Financial Group (NASDAQ:SIVB), hence the stock is down -10.01% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.17% relative to the S&P 500. The stock has risen by 1.11% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.56% in the past 4 weeks.
The company shares have dropped -34.62% 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 $100.74 and the 200 Day Moving Average price is recorded at $100.41.
The stock has recorded a 20-day Moving Average of 1.88% and the 50-Day Moving Average is 5.33%.
SVB Financial Group (NASDAQ:SIVB): stock turned positive on Friday. Though the stock opened at $95.28, the bulls momentum made the stock top out at $96.72 level for the day. The stock recorded a low of $94.645 and closed the trading day at $94.89, in the green by 1.87%. The total traded volume for the day was 692,725. The stock had closed at $93.15 in the previous days trading.
In an insider trading activity, Benhamou Eric, director of Svb Financial Group, unloaded 1,365 shares at an average price of $110 on June 1, 2016. The total amount of the transaction was worth $150,150, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.