Emerald Advisers Inc. PA cut its stake in SVB Financial Group (NASDAQ:SIVB) by 4.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,545 shares of the bank’s stock after selling 213 shares during the quarter. Emerald Advisers Inc. PA’s holdings in SVB Financial Group were worth $1,062,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of SIVB. Harding Loevner LP raised its holdings in SVB Financial Group by 209.0% in the 3rd quarter. Harding Loevner LP now owns 4,817,712 shares of the bank’s stock worth $284,617,000 after purchasing an additional 3,258,700 shares in the last quarter. CI Investments Inc. bought a new position in SVB Financial Group in the 3rd quarter worth $95,902,000. Bank of New York Mellon Corp raised its holdings in SVB Financial Group by 29.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,618,179 shares of the bank’s stock worth $302,746,000 after purchasing an additional 364,303 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of SVB Financial Group by 16.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,489,781 shares of the bank’s stock worth $464,570,000 after acquiring an additional 354,948 shares in the last quarter. Finally, State Street Corp increased its stake in shares of SVB Financial Group by 13.5% in the 2nd quarter. State Street Corp now owns 2,433,130 shares of the bank’s stock worth $427,721,000 after acquiring an additional 288,697 shares in the last quarter. Institutional investors and hedge funds own 91.45% of the company’s stock.

Several brokerages recently issued reports on SIVB. Maxim Group reiterated a “buy” rating and issued a $300.00 price target (up from $250.00) on shares of SVB Financial Group in a research note on Wednesday, January 10th. Barclays reiterated a “hold” rating and issued a $273.00 price target on shares of SVB Financial Group in a research note on Sunday, January 28th. BidaskClub lowered shares of SVB Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, January 31st. FIG Partners lowered shares of SVB Financial Group from an “outperform” rating to a “market perform” rating in a research note on Friday, January 26th. Finally, Stephens reiterated a “buy” rating on shares of SVB Financial Group in a research note on Friday, January 26th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. SVB Financial Group has an average rating of “Buy” and an average target price of $239.92.

Shares of SVB Financial Group (NASDAQ SIVB) opened at $238.65 on Friday. The firm has a market cap of $13,230.00, a PE ratio of 25.94, a price-to-earnings-growth ratio of 1.58 and a beta of 1.49. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.59 and a current ratio of 0.59. SVB Financial Group has a 12 month low of $159.44 and a 12 month high of $263.09.

SVB Financial Group (NASDAQ:SIVB) last released its quarterly earnings data on Thursday, January 25th. The bank reported $2.19 earnings per share for the quarter, missing analysts’ consensus estimates of $2.60 by ($0.41). The firm had revenue of $545.97 million for the quarter, compared to the consensus estimate of $523.45 million. SVB Financial Group had a net margin of 24.25% and a return on equity of 12.83%. During the same quarter in the prior year, the business posted $1.89 earnings per share. equities research analysts predict that SVB Financial Group will post 13.85 earnings per share for the current year.

In other SVB Financial Group news, insider Christopher Edmonds-Waters sold 3,630 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $209.86, for a total transaction of $761,791.80. Following the completion of the sale, the insider now directly owns 5,918 shares in the company, valued at approximately $1,241,951.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Gregory W. Becker sold 9,511 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $232.68, for a total transaction of $2,213,019.48. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,816 shares of company stock valued at $4,819,541. 0.73% of the stock is owned by company insiders.

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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.

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Institutional Ownership by Quarter for SVB Financial Group (NASDAQ:SIVB)

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