Bruce Wallace, Chief Digital Officer at SVB FINANCIAL GROUP (SIVB), sold 5,222 shares at $151.86 ($793K) on 2016-11-14, disclosed to the SEC on 2016-11-16.
Seasonal sale ($793k) by Chief Digital Officer — this insider has traded SIVB in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $151.86 | 2,611 | $397K | 50.0% |
| 2 | $151.86 | 2,611 | $397K | 50.0% |
| Total | $151.86 avg | 5,222 | $793K | 100% |
| Filing → |
| SIVB | SELL | 2016-05-04 | $358K | — | Filing → |
| SIVB | SELL | 2015-11-10 | $415K | — | Filing → |
| SIVB | SELL | 2015-05-05 | $507K | — | Filing → |