Marc J. Verissimo, Chief Risk Officer at SVB FINANCIAL GROUP (SIVB), sold 2,076 shares at $131.68 ($273K) on 2015-04-29, disclosed to the SEC on 2015-05-01.
Seasonal sale ($273k) by Chief Risk Officer — this insider has traded SIVB in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $131.68 | 2,000 | $263K | 96.3% |
| 2 | $133.12 | 76 | $10K | 3.7% |
| Total | $131.73 avg | 2,076 | $273K | 100% |
| Filing → |
| SIVB | SELL | 2015-11-06 | $735K | — | Filing → |
| SIVB | SELL | 2015-05-07 | $256K | — | Filing → |
| SIVB | SELL | 2015-05-04 | $251K | — | Filing → |