SVB Financial Group (SIVB) Earns Daily News Sentiment Rating of 0.41

Media headlines about SVB Financial Group (NASDAQ:SIVB) have trended positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SVB Financial Group earned a media sentiment score of 0.41 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.5027191447864 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Several equities research analysts recently commented on SIVB shares. Barclays set a $217.00 price objective on SVB Financial Group and gave the company a “hold” rating in a research report on Monday, October 30th. Zacks Investment Research cut SVB Financial Group from a “buy” rating to a “hold” rating in a research report on Monday, November 13th. Maxim Group reaffirmed a “buy” rating and set a $250.00 price objective (up from $220.00) on shares of SVB Financial Group in a research report on Monday, October 30th. Wells Fargo & Co reaffirmed an “outperform” rating and set a $240.00 price objective (up from $215.00) on shares of SVB Financial Group in a research report on Thursday, November 9th. Finally, ValuEngine cut SVB Financial Group from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $229.29.

Shares of SVB Financial Group (NASDAQ SIVB) traded up $2.53 during trading hours on Friday, reaching $253.18. The company’s stock had a trading volume of 345,836 shares, compared to its average volume of 476,219. The stock has a market capitalization of $13,350.00, a PE ratio of 28.45, a price-to-earnings-growth ratio of 1.71 and a beta of 1.62. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.59 and a quick ratio of 0.59. SVB Financial Group has a fifty-two week low of $159.44 and a fifty-two week high of $254.10.

SVB Financial Group (NASDAQ:SIVB) last announced its earnings results on Thursday, October 26th. The bank reported $2.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.50. The business had revenue of $533.40 million for the quarter, compared to analysts’ expectations of $490.56 million. SVB Financial Group had a return on equity of 11.88% and a net margin of 25.07%. The business’s revenue for the quarter was up 23.0% on a year-over-year basis. During the same period last year, the firm posted $2.12 earnings per share. equities analysts forecast that SVB Financial Group will post 9.47 earnings per share for the current year.

In other news, insider Christopher Edmonds-Waters sold 3,630 shares of SVB Financial Group stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $209.86, for a total transaction of $761,791.80. Following the transaction, the insider now directly owns 5,918 shares of the company’s stock, valued at approximately $1,241,951.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Kamran F. Husain sold 2,890 shares of SVB Financial Group stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $220.20, for a total value of $636,378.00. Following the transaction, the insider now directly owns 890 shares in the company, valued at $195,978. The disclosure for this sale can be found here. Insiders sold 20,291 shares of company stock worth $4,558,918 over the last three months. Insiders own 0.73% of the company’s stock.

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About SVB Financial Group

SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The Company’s segments include Global Commercial Bank, SVB Private Bank and SVB Capital. The Global Commercial Bank segment consists of the operations of its Commercial Bank, and of SVB Wine, SVB Analytics and its Debt Fund Investments.

Insider Buying and Selling by Quarter for SVB Financial Group (NASDAQ:SIVB)

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