Valley National Bancorp (VLY): Peter P Crocitto , Senior EVP & COO, Director of Valley National Bancorp sold 3,175 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $9.44 per share for a total value of $29,982.79 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 25, 2015, Ira Robbins (EVP – Treasurer) purchased 800 shares at $25.05 per share price.On Jun 23, 2015, Marc J Lenner (director) purchased 4,000 shares at $25.00 per share price.Also, On Jun 22, 2015, Gerald H Lipkin (CEO) purchased 5,950 shares at $25.00 per share price.On Jun 22, 2015, Alan D Eskow (CFO) purchased 790 shares at $25.00 per share price.
Valley National Bancorp: On Wednesday, May 25, 2016 heightened volatility was witnessed in Valley National Bancorp which led to swings in the share price. The shares opened for trading at $9.44 and hit $9.56 on the upside , eventually ending the session at $9.51, with a gain of 1.39% or 0.13 points. The heightened volatility saw the trading volume jump to 16,61,795 shares. The 52-week high of the share price is $11.24 and the company has a market cap of $2,419 M . The 52-week low of the share price is at $8.31.
Valley National Bancorp (Valley) is a bank holding company. The Company operates through its subsidiary Valley National Bank (Bank). The Bank operates in four segments: commercial lending consumer lending investment management and corporate and other adjustments. Its Wealth Management Division is consisted of trust asset management and insurance services. It provides a range of commercial retail insurance and wealth management financial services products. It provides various banking services including automated teller machines telephone and Internet banking remote deposit capture and deposit facilities. It also provides international banking services to customers including letters of credit documentary letters of credit and related products. It operates approximately 211 branch locations serving over 24 counties throughout northern and central New Jersey the New York City boroughs of Manhattan Brooklyn Queens and Long Island and Florida.