Svb Financial Group Receives a Buy from Stephens

By Carrie Williams

Stephens analyst Tyler Stafford reiterated a Buy rating on Svb Financial Group (NASDAQ: SIVB) today and set a price target of $205. The company’s shares opened today at $178.

According to, Stafford is a 4-star analyst with an average return of 14.5% and a 64.3% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pacific Premier Bancorp Inc.

Svb Financial Group has an analyst consensus of Strong Buy, with a price target consensus of $206.63.

Based on Svb Financial Group’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $474 million and quarterly net profit of $123 million. In comparison, last year the company earned revenue of $401 million and had a net profit of $92.96 million.

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2017, Bruce Wallace, the Chief Digital Officer of SIVB sold 8,790 shares for a total of $1,604,840.

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SVB Financial Group is a financial, and bank holding company, which engages in the provision of banking, and financial products and services. It operates through the following segment: Global Commercial Bank, SVB Private Bank, and SVB Capital. The Global Commercial Bank segment is comprised of results primarily from the commercial bank, private equity division, svb wine, svb analytics, and the debt fund investments. The SVB Private segment is the private banking division, which provides a range of personal financial solutions for consumers. The SVB Capital segment is the venture capital investment arm of SVB Financial Group, which focuses primarily on funds management. The company was founded in Robert Medearis and Bill Biggerstaff 1983 and is headquartered in Santa Clara, CA.