Michael Descheneaux, President, Silicon Valley Bank at SVB FINANCIAL GROUP (SIVB), sold 3,000 shares at $201.19 ($604K) on 2019-08-07, disclosed to the SEC on 2019-08-09.
Seasonal sale ($604k) by President, Silicon Valley Bank — this insider has traded SIVB in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $201.19 | 1,000 | $201K | 33.3% |
| 2 | $201.19 | 2,000 | $402K | 66.7% |
| Total | $201.19 avg | 3,000 | $604K | 100% |
| Filing → |
| SIVB | SELL | 2021-11-12 | $1.6M | — | Filing → |
| SIVB | SELL | 2021-08-11 | $584K | — | Filing → |
| SIVB | SELL | 2021-06-16 | $4.5M | — | Filing → |