Valley National Bancorp EVP Sells Over 25,000 Shares

Mitchell Crandell sold 25,495 shares of Valley National Bancorp, valued at $372,991.85.

Key Points

  • Mitchell Crandell, EVP & Chief Accounting Officer at Valley National Bancorp, sold 25,495 shares for $372,991.85 on June 12, 2026.
  • Valley National Bancorp has a market cap of $7.92 billion and a P/E ratio of 12.87, with shares trading near $14.44.
  • Insider buying included multiple executives acquiring 8,121 shares each on May 18, 2026.

Mitchell Crandell, the Executive Vice President and Chief Accounting Officer at Valley National Bancorp, recently sold 25,495 shares of the company. The transaction, which took place on June 12, 2026, was valued at approximately $372,991.85, with shares sold at an average price of $14.63.

Insider Buying and Selling at Valley National Bancorp

Aside from Crandell's sale, several insiders at Valley National Bancorp have been active in the market. On May 18, 2026, multiple insiders, including Kathleen Perrott, Eyal Efrat, Nitzan Sandor, Carlos Vazquez, and Melissa Schultz, each purchased 8,121 shares. These transactions were not part of any pre-planned trading programs.

Other Institutional Activity in Valley National Bancorp

Institutional investors have also been adjusting their positions in Valley National Bancorp. BlackRock, Inc. increased its holdings by 211,924 shares, ending with 70,662,585 shares valued at about $867.7 million. In contrast, Dimensional Fund Advisors LP reduced its position by 637,399 shares, bringing its total to 29,744,462 shares worth roughly $365.2 million. State Street Corp also cut its holdings by 2,857,952 shares, leaving it with 23,325,401 shares valued at approximately $289.1 million.

Valley National Bancorp Stock Snapshot

Shares of NasdaqGS:VLY traded near $14.44. Valley National Bancorp boasts a market cap of $7.92 billion and a P/E ratio of 12.87, with a forward P/E of 9.29. The stock has experienced a 52-week low of $8.36 and a high of $14.72, with a 50-day moving average of $13.46 and a 200-day moving average of $12.07.

Recent Earnings

Valley National Bancorp reported revenue of $1.94 billion, reflecting a growth rate of 23.8%. The company achieved a net margin of 33.79% and a return on equity of 8.56%. Earnings per share stood at $1.11. The next earnings report is scheduled for July 30, 2026.

Dividend

The company offers an annual dividend rate of $0.44 per share, yielding 3.08% with a payout ratio of 39.64%.

Analysts Set New Price Targets

On May 6, 2026, Morgan Stanley downgraded Valley National Bancorp to a hold rating with a $15.00 price target. Previously, on April 27, 2026, TD Cowen and Piper Sandler maintained their buy ratings, setting targets at $17.00 and $16.00, respectively. Overall, the stock has a consensus target price of $15.75 based on 14 analyst opinions.

About Valley National Bancorp

Valley National Bancorp, headquartered in Morristown, New Jersey, operates as the holding company for Valley National Bank. It provides a wide range of financial services including commercial and private banking, retail, insurance, and wealth management. The company serves its clients through various segments such as Consumer Banking and Commercial Banking. With a strong presence in regional banking, Valley National Bancorp has been offering its services since 1927 and is led by CEO Ira D. Robbins.

Bottom Line

Mitchell Crandell's recent sale of Valley National Bancorp shares is one of several insider transactions that investors may watch for insights into executive sentiment. The company remains a significant player in the regional banking sector with a solid market cap and robust financials. Investors keep an eye on insider activities, earnings results, and analyst ratings to gauge the stock's potential future performance.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.