Insider Buying: Hudson Valley Holding Corp. EVP Acquires 2,500 Shares of Stock (HVB)
Hudson Valley Holding Corp. (NYSE:HVB) EVP Michael E. Finn bought 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was purchased at an average cost of $17.42 per share, with a total value of $43,550.00. Following the acquisition, the executive vice president now directly owns 10,255 shares of the company’s stock, valued at approximately $178,642. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on HVB. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Hudson Valley Holding Corp. from $18.00 to $19.00 in a research note on Wednesday, April 30th. Analysts at Zacks upgraded shares of Hudson Valley Holding Corp. from an “underperform” rating to a “neutral” rating in a research note on Monday, April 7th. They now have a $18.70 price target on the stock.
Shares of Hudson Valley Holding Corp. (NYSE:HVB) traded up 0.41% during mid-day trading on Wednesday, hitting $17.32. The stock had a trading volume of 24,198 shares. Hudson Valley Holding Corp. has a 52 week low of $16.00 and a 52 week high of $21.36. The stock has a 50-day moving average of $18.13 and a 200-day moving average of $18.78. The company’s market cap is $346.1 million.
Hudson Valley Holding Corp. (NYSE:HVB) last posted its quarterly earnings results on Monday, April 28th. The company reported $0.14 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.14. Analysts expect that Hudson Valley Holding Corp. will post $0.62 EPS for the current fiscal year.
Hudson Valley Holding Corp. is a bank holding company. The Company provides financial services through its wholly-owned subsidiary, Hudson Valley Bank, N.
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