The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Valley National Bancorp shares valued at $778,168 were purchased by MENDELSON AVNER on Apr 22 ’25. At $8.25 per share, MENDELSON AVNER acquired 94,363 shares.
Also, BANK LEUMI LE ISRAEL BM purchased 1,000,000 shares, netting a total of over 9,350,000 in proceeds. Following the buying of shares at $9.35 each, the insider now holds 72,861,862 shares.
Before that, MENDELSON AVNER had added 402,000 shares to its account. In a trade valued at $4,184,389, the Former Director bought Valley National Bancorp shares for $10.41 each.
As published in their initiating research note from Truist on May 13, 2025, Valley National Bancorp [VLY] has been a Hold and the price target has been revised to $10. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in late March. As of November 11, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for VLY. Earlier on October 31, 2024, Barclays upgraded its rating. Their new recommendation was “an Equal weight” for VLY stock which previously was a “an Underweight”.
Analyzing VLY Stock Performance
During the last five days, there has been a surge of approximately 5.65%. Over the course of the year, Valley National Bancorp shares have jumped approximately 1.21%. Shares of the company reached a 52-week high of $10.45 on 02/06/25 and a 52-week low of $7.48 on 04/04/25. A 50-day SMA is recorded $8.67, while a 200-day SMA reached $9.15.
Support And Resistance Levels for Valley National Bancorp (VLY)
According to the 24-hour chart, there is a support level at 9.12, which, if violated, would cause prices to drop to 9.07. In the upper region, resistance lies at 9.24. The next price resistance is at 9.31. RSI (Relative Strength Index) is 61.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.36, which suggests the price will decrease in the coming days. Percent R is at 17.10%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
