Valley National Bancorp (NASDAQ:VLY) Shares Unloaded Rep. Josh Gottheimer

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Valley National Bancorp (NASDAQ:VLY). In a filing disclosed on May 19th, the Representative disclosed that they had sold between $1,001 and $15,000 in Valley National Bancorp stock on April 9th. The trade occurred in the Representative’s “MORGAN STANLEY – ACTIVE ASSET ACCOUNT # 3” account.

Representative Josh Gottheimer also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/28/2026.
  • Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/27/2026.
  • Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 4/24/2026.
  • Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 4/24/2026.
  • Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/23/2026.
  • Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/16/2026.
  • Purchased $1,001 – $15,000 in shares of Freeport-McMoRan (NYSE:FCX) on 4/15/2026.
  • Sold $1,001 – $15,000 in shares of HDFC Bank (NYSE:HDB) on 4/13/2026.
  • Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 4/13/2026.
  • Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 4/9/2026.

Valley National Bancorp Stock Up 3.3%

NASDAQ:VLY opened at $13.36 on Thursday. Valley National Bancorp has a 1 year low of $8.36 and a 1 year high of $14.12. The stock has a 50-day moving average price of $12.79 and a two-hundred day moving average price of $12.29. The stock has a market cap of $7.40 billion, a price-to-earnings ratio of 12.04 and a beta of 1.04. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.35.

Valley National Bancorp (NASDAQ:VLYGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. Valley National Bancorp had a return on equity of 8.68% and a net margin of 18.61%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $531.89 million. During the same quarter last year, the firm posted $0.18 earnings per share. As a group, equities analysts expect that Valley National Bancorp will post 1.29 earnings per share for the current year.

Valley National Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.11 per share. The ex-dividend date is Monday, June 15th. This represents a $0.44 annualized dividend and a yield of 3.3%. Valley National Bancorp’s payout ratio is currently 39.64%.

Analysts Set New Price Targets

Several brokerages have commented on VLY. Raymond James Financial upgraded shares of Valley National Bancorp from a “market perform” rating to a “strong-buy” rating and set a $15.00 target price on the stock in a report on Friday, January 30th. National Bank Financial set a $17.00 price objective on shares of Valley National Bancorp in a research report on Monday, April 27th. JPMorgan Chase & Co. raised their price objective on shares of Valley National Bancorp from $14.50 to $15.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Citigroup reaffirmed a “buy” rating on shares of Valley National Bancorp in a research report on Monday, February 2nd. Finally, Hovde Group upped their target price on shares of Valley National Bancorp from $15.00 to $16.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $15.10.

Read Our Latest Stock Report on VLY

Insider Buying and Selling

In related news, COO Russell Barrett sold 90,537 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $13.54, for a total transaction of $1,225,870.98. Following the completion of the transaction, the chief operating officer directly owned 64,167 shares of the company’s stock, valued at approximately $868,821.18. This represents a 58.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.06% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Cim Investment Management Inc. increased its stake in Valley National Bancorp by 42.0% in the 1st quarter. Cim Investment Management Inc. now owns 29,485 shares of the company’s stock valued at $362,000 after buying an additional 8,728 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Valley National Bancorp by 8.0% in the 1st quarter. Bank of America Corp DE now owns 3,919,652 shares of the company’s stock valued at $48,133,000 after acquiring an additional 290,534 shares in the last quarter. Amundi grew its holdings in shares of Valley National Bancorp by 110.5% in the 1st quarter. Amundi now owns 80,737 shares of the company’s stock valued at $991,000 after acquiring an additional 42,385 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Valley National Bancorp by 81.0% in the first quarter. EverSource Wealth Advisors LLC now owns 11,109 shares of the company’s stock valued at $136,000 after acquiring an additional 4,972 shares during the last quarter. Finally, California State Teachers Retirement System increased its position in shares of Valley National Bancorp by 29.7% in the first quarter. California State Teachers Retirement System now owns 622,252 shares of the company’s stock valued at $7,641,000 after acquiring an additional 142,348 shares during the last quarter. Institutional investors and hedge funds own 61.00% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Valley National Bancorp Company Profile

(Get Free Report)

Valley National Bancorp (NASDAQ: VLY) is a regional bank holding company headquartered in Wayne, New Jersey, offering a comprehensive suite of commercial and consumer banking products and services. Through its banking subsidiary, Valley National Bank, the company provides deposit accounts, residential and commercial lending, mortgage services, treasury and cash management, foreign exchange and trade finance solutions. Complementary wealth management and insurance offerings round out its financial services platform, catering to individual, small-business and corporate clients.

Tracing its roots to the establishment of Wayne National Bank in 1927, Valley has grown into one of the largest banks in New Jersey by both assets and deposit share.

Further Reading

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