How Do SVB Financial Group (NASDAQ:SIVB)’s Fundamentals Affect Performance

In yesterday’s Wall Street session, SVB Financial Group (NASDAQ:SIVB) shares traded at $267.39, down -5.53% from the previous session.

24 analysts cover SVB Financial Group (NASDAQ:SIVB), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $500.00 and a low of $190.00, we find $300.00. Given the previous closing price of $283.04, this indicates a potential upside of 5.99 percent. SIVB stock price is now -3.27% away from the 50-day moving average and -19.99% away from the 200-day moving average. The market capitalization of the company currently stands at $15.43B.

The stock has received a hold rating from 11 analysts and a buy rating from 11. Brokers who have rated the stock have averaged $301.54 as their price target over the next twelve months.

With the price target reduced from $253 to $186, Morgan Stanley Downgraded its rating from Equal-Weight to Underweight for SVB Financial Group (NASDAQ: SIVB). On October 21, 2022, Piper Sandler Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock reducing its target price from $400 to quote $265, while ‘Janney’ rates the stock as ‘Neutral’.

In other news, BECKER GREGORY W, President and CEO sold 12,451 shares of the company’s stock on Feb 27. The stock was sold for $3,578,652 at an average price of $287.42. Upon completion of the transaction, the President and CEO now directly owns 92,552 shares in the company, valued at $24.75 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 27, Chief Financial Officer Beck Daniel J sold 2,000 shares of the business’s stock. A total of $575,180 was realized by selling the stock at an average price of $287.59. This leaves the insider owning 4,207 shares of the company worth $1.12 million. Insiders disposed of 25,516 shares of company stock worth roughly $6.82 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in SIVB stock. A new stake in SVB Financial Group shares was purchased by TWO SIGMA ADVISERS, LP during the first quarter worth $139,886,000. TWO SIGMA INVESTMENTS, LP invested $129,850,000 in shares of SIVB during the first quarter. In the first quarter, WELLINGTON MANAGEMENT GROUP LLP acquired a new stake in SVB Financial Group valued at approximately $42,006,000. COATUE MANAGEMENT LLC acquired a new stake in SIVB for approximately $29,800,000. ALYESKA INVESTMENT GROUP, L.P. purchased a new stake in SIVB valued at around $28,953,000 in the second quarter. In total, there are 1,011 active investors with 96.50% ownership of the company’s stock.

On Tuesday morning SVB Financial Group (NASDAQ: SIVB) stock kicked off with the opening price of $280.39. During the past 12 months, SVB Financial Group has had a low of $198.10 and a high of $597.16. The fifty day moving average price for SIVB is $276.42 and a two-hundred day moving average price translates $334.20 for the stock.

The latest earnings results from SVB Financial Group (NASDAQ: SIVB) was released for Dec, 2022. According to the Banks – Regional Company, earnings per share came in at $4.62, missing analysts’ expectations of $5.27 by -0.65. This compares to $5.89 EPS in the same period last year. The net profit margin was 26.60% and return on equity was 12.40% for SIVB. The company reported revenue of $1.76 billion for the quarter, compared to $975.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 80.1 percent. For the current quarter, analysts expect SIVB to generate $1.44B in revenue.

Investors who held shares on 02/10/1992 were paid a $0.03 dividend.

SVB Financial Group(SIVB) Company Profile

SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Securities. The Global Commercial Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services. This segment also offers traditional term and equipment loans, asset-based loans, revolving lines of credit, warehouse facilities, recurring revenue and acquisition finance facilities, mezzanine lending, corporate working capital facilities, and credit card programs; treasury management products and services; business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts; receivables services, which include merchant services, remote capture, lockbox, and fraud control services; wire transfer and automated clearing house payment services; business bill pay, credit and debit cards, account analysis, and disbursement services. In addition, it offers foreign exchange and trade finance products and services; letters of credit; and investment services and solutions. The SVB Private Bank segment offers mortgages, home equity lines of credit, restricted and private stock loans, capital call lines of credit, and other secured and unsecured lending products; planning-based financial strategies, wealth management, family office, financial planning, tax planning, and trust services; and real estate secured loans. The SVB Capital segment provides venture capital investment services. The SVB Securities segment provides investment banking services; products and services, including capital raising, merger and acquisition advisory, equity research, and sales and trading. The company was founded in 1983 and is headquartered in Santa Clara, California.