Large Inflow of Money Detected in SVB Financial Group

SVB Financial Group (SIVB) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.23. The total value of inflow transactions on upticks was $5.29 million, whereas, the total value of outflow trades on downticks was $4.29 million. The total money flow was $1 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.1 million. The total value of the trades done on upticks was $0.1 million. SVB Financial Group (SIVB) was trading with a -0.18% change over previous days close. It fell $0.19 during the day and reached $103.77. The stock was 1.19% compared to the previous weeks close.


Also, In a research note released to the investors, JP Morgan maintains its rating on SVB Financial Group (NASDAQ:SIVB).The analysts at the brokerage house have a current rating of Overweight on the shares. In a recent information released to the investors, JP Morgan lowers the new price target from $126 per share to $112 per share. The rating by the firm was issued on July 7, 2016.

SVB Financial Group (NASDAQ:SIVB): The stock opened at $105.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $105.00 for the day. The stock traded down to $102.82 during the day, due to lack of any buying support eventually closed down at $103.62 with a loss of -0.33% for the day. The stock had closed at $103.96 on the previous day. The total traded volume was 429,197 shares.

The stock has recorded a 20-day Moving Average of 7.6% and the 50-Day Moving Average is 3.54%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Svb Financial Group, Benhamou Eric had sold 1,365 shares worth of $150,150 in a transaction dated June 1, 2016. In this transaction, 1,365 shares were sold at $110 per share.

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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