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

Posted by Tammy Falkenburg on May 21st, 2026

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 Trading Up 3.3%

VLY opened at $13.36 on Thursday. The company has a fifty day moving average price of $12.79 and a two-hundred day moving average price of $12.29. Valley National Bancorp has a 1-year low of $8.36 and a 1-year high of $14.12. The company has a market cap of $7.40 billion, a P/E 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:VLY – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. Valley National Bancorp had a net margin of 18.61% and a return on equity of 8.68%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $531.89 million. During the same quarter in the prior year, the firm earned $0.18 EPS. Analysts predict that Valley National Bancorp will post 1.29 EPS for the current fiscal year.

Valley National Bancorp Dividend Announcement

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

Insider Activity

In other news, COO Russell Barrett sold 90,537 shares of the firm’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $13.54, for a total value 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 $868,821.18. This trade represents a 58.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.06% of the stock is currently owned by corporate insiders.

Institutional Trading of Valley National Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the stock. Knights of Columbus Asset Advisors LLC raised its position in shares of Valley National Bancorp by 99.3% in the third quarter. Knights of Columbus Asset Advisors LLC now owns 258,002 shares of the company’s stock valued at $2,735,000 after purchasing an additional 128,563 shares during the period. Oliver Luxxe Assets LLC bought a new position in Valley National Bancorp in the 4th quarter worth approximately $2,714,000. Jupiter Asset Management Ltd. purchased a new position in Valley National Bancorp in the 3rd quarter valued at approximately $10,756,000. Y Intercept Hong Kong Ltd grew its stake in Valley National Bancorp by 35.9% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 487,330 shares of the company’s stock valued at $5,166,000 after buying an additional 128,865 shares in the last quarter. Finally, LSV Asset Management raised its holdings in Valley National Bancorp by 6.3% during the 3rd quarter. LSV Asset Management now owns 1,522,310 shares of the company’s stock valued at $16,136,000 after acquiring an additional 90,500 shares during the period. 61.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on VLY shares. Royal Bank Of Canada boosted their price objective on Valley National Bancorp from $14.00 to $16.00 and gave the company an “outperform” rating in a report on Friday, April 24th. TD Cowen increased their target price on Valley National Bancorp from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, April 27th. JPMorgan Chase & Co. lifted their price target on shares of Valley National Bancorp from $14.50 to $15.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Keefe, Bruyette & Woods boosted their price target on shares of Valley National Bancorp from $13.00 to $14.00 and gave the company a “market perform” rating in a research note on Thursday, April 9th. Finally, Raymond James Financial upgraded shares of Valley National Bancorp from a “market perform” rating to a “strong-buy” rating and set a $15.00 price objective on the stock in a report on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $15.10.

Read Our Latest Report on VLY

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.

About Valley National Bancorp

(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.