SVB Financial Group (SIVB) COO Bruce Wallace sells 2,550 Shares

COO of SVB Financial Group (SIVB) Bruce Wallace sells 2,550 shares of SIVB on 01/31/2012 at an average price of $58.05 a share.

Svb Financial Group has a market cap of $2.6 billion; its shares were traded at around $59.96 with a P/E ratio of 15.2 and P/S ratio of 2.8. Svb Financial Group had an annual average earning growth of 14.8% over the past 10 years.

This is the annual revenues and earnings per share of SIVB over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of SIVB.

CEO Recent Trades:

• President and CEO Gregory W Becker sold 8,339 shares of SIVB stock on 01/13/2012 at the average price of 54.06. Gregory W Becker owns at least 27,716 shares after this. The price of the stock has increased by 10.91% since.

CFO Recent Trades:

• CFO Michael Descheneaux sold 509 shares of SIVB stock on 01/31/2012 at the average price of 56.98. Michael Descheneaux owns at least 4,198 shares after this. The price of the stock has increased by 5.23% since.

This is the insider trade history vs. stock price of SIVB. For the complete insider trading history of SIVB, click here.

Directors and Officers Recent Trades:

• Chief Strategy/Risk Officer Marc J Verissimo sold 14,441 shares of SIVB stock on 02/01/2012 at the average price of 57.33. Marc J Verissimo owns at least 24,499 shares after this. The price of the stock has increased by 4.59% since.
• Director Alex W Hart sold 5,000 shares of SIVB stock on 02/01/2012 at the average price of 60.01. Alex W Hart owns at least 21,775 shares after this. The price of the stock has decreased by 0.08% since.
• Vice Chairman Harry W Jr Kellogg sold 5,000 shares of SIVB stock on 01/31/2012 at the average price of 58. Harry W Jr Kellogg owns at least 6,775 shares after this. The price of the stock has increased by 3.38% since.
• Chief Accounting Officer Kamran F Husain sold 1,649 shares of SIVB stock on 01/31/2012 at the average price of 58.11. Kamran F Husain owns at least 903 shares after this. The price of the stock has increased by 3.18% since.
• Head of US Banking Joan Parsons sold 9,500 shares of SIVB stock on 11/01/2011 at the average price of 43.91. Joan Parsons owns at least 52,001 shares after this. The price of the stock has increased by 36.55% since.

For the complete insider trading history of SIVB, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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