Shares of SVB Financial Group (SIVB) Sees Large Outflow of Money

SVB Financial Group (SIVB) : Thursdays money flow analysis of SVB Financial Group (SIVB) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $3.73 million. In comparison, the inflow of money on upticks was a meager $2.6 million. The dollar value of composite uptick trades minus the downtick trades was negative $1.13 million. The uptick to downtick ratio of 0.7 in the money flow shows weakness. The downtick transaction value was high at $1.2 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($1.2 million). SVB Financial Group (SIVB) gained $3.32 at $101.52, a change of 3.38% over the previous days close.


The stock has recorded a 20-day Moving Average of 6.43% and the 50-Day Moving Average is 2.02%. Shares have dropped -33.80% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $152.99 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $100.55 and the 200 Day Moving Average price is recorded at $100.08.

SVB Financial Group (NASDAQ:SIVB): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $100.76 and $99.59 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $102.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $101.68, notching a gain of 3.54% for the day. The total traded volume was 717,024 . The stock had closed at $98.20 on the previous day.

In an insider trading activity, Benhamou Eric, director of Svb Financial Group, unloaded 1,365 shares at an average price of $110 on June 1, 2016. The total amount of the transaction was worth $150,150, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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