News headlines about SVB Financial Group (NASDAQ:SIVB) have trended positive on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded 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 0.45 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 47.0911440274769 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news articles that may have effected Accern’s scoring:

SVB Financial Group (NASDAQ SIVB) opened at $219.52 on Friday. SVB Financial Group has a fifty-two week low of $116.59 and a fifty-two week high of $223.82. The company has a current ratio of 0.59, a quick ratio of 0.60 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $11,573.97, a price-to-earnings ratio of 24.64, a PEG ratio of 2.10 and a beta of 1.64.

SVB Financial Group (NASDAQ:SIVB) last issued its earnings results on Thursday, October 26th. The bank reported $2.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.50. SVB Financial Group had a return on equity of 11.88% and a net margin of 25.07%. The business had revenue of $533.40 million during the quarter, compared to analysts’ expectations of $490.56 million. During the same quarter in the prior year, the firm earned $2.12 EPS. The business’s revenue for the quarter was up 23.0% compared to the same quarter last year. research analysts expect that SVB Financial Group will post 9.5 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on the company. Barclays PLC set a $217.00 target price on SVB Financial Group and gave the company a “hold” rating in a research report on Monday, October 30th. Maxim Group reiterated a “buy” rating and set a $250.00 target price (up from $220.00) on shares of SVB Financial Group in a research report on Monday, October 30th. ValuEngine downgraded SVB Financial Group from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Zacks Investment Research upgraded SVB Financial Group from a “hold” rating to a “buy” rating and set a $247.00 target price for the company in a research report on Tuesday, October 31st. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and set a $195.00 price target on shares of SVB Financial Group in a report on Friday, July 14th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $211.83.

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In other SVB Financial Group news, Director Eric Benhamou sold 2,000 shares of the company’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $172.01, for a total value of $344,020.00. Following the completion of the transaction, the director now owns 6,672 shares of the company’s stock, valued at approximately $1,147,650.72. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Kamran F. Husain sold 2,890 shares of the company’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $220.20, for a total value of $636,378.00. Following the completion of the transaction, the insider now directly owns 890 shares of the company’s stock, valued at approximately $195,978. The disclosure for this sale can be found here. 0.73% of the stock is owned by corporate insiders.

SVB Financial Group Company Profile

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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