block.one files 13G showing 7.5% stake in Silvergate Capital (SI)
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Silvergate Capital (SI) EPS estimates further reduced, price target cut at Morgan Stanley
November 23, 2022 3:42 PM ESTSilvergate Capital (NYSE: SI) estimates were further reduced at Morgan Stanley, which cut its price target on the stock to $24 from $37 per share, maintaining an Equal-Weight rating. The price target cut is the second by the firm since last week.
Silvergate is a crypto-related company that helps institutional investors trade crypto and move money between exchanges.
Analyst Manan Gosalia told investors in a research memo that following Silvergate's disclosure for average deposit balances last week, they are taking their... More
block.one founder Blumer shows 9.3% stake in Silvergate Capital (SI)
November 23, 2022 1:21 PM ESTBrendan Francis Blumer, founder of block.one, files 13G showing 9.27% stake in Silvergate Capital (NYSE: SI).
Earlier, block.one, showed a ~7.5% stake.
It is unclear if the new 13G from Blumer includes shares owned by the firm.
... More
