Bruce Wallace, Chief Digital Officer at SVB FINANCIAL GROUP (SIVB), sold 3,400 shares at $105.18 ($358K) on 2016-05-02, disclosed to the SEC on 2016-05-04.
Seasonal sale ($358k) by Chief Digital Officer — this insider has traded SIVB in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| Filing → |
| SIVB | SELL | 2016-11-16 | $793K | — | Filing → |
| SIVB | SELL | 2016-07-28 | $237K | — | Filing → |
| SIVB | SELL | 2016-05-04 | $358K | — | Filing → |