Insider Buying: Michael E. Finn Acquires 2,500 Shares of Hudson Valley Holding Corp. Stock (HVB)
Hudson Valley Holding Corp. (NYSE:HVB) EVP Michael E. Finn bought 2,500 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, June 3rd. The shares were purchased at an average price of $17.42 per share, for a total transaction of $43,550.00. Following the completion of the transaction, the executive vice president now directly owns 10,255 shares in the company, valued at approximately $178,642. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Hudson Valley Holding Corp. (NYSE:HVB) opened at 18.26 on Friday. 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 $18.06 and a 200-day moving average of $18.77. The company’s market cap is $364.9 million.
Hudson Valley Holding Corp. (NYSE:HVB) last issued its quarterly earnings data on Monday, April 28th. The company reported $0.14 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.14. On average, analysts predict that Hudson Valley Holding Corp. will post $0.62 earnings per share for the current fiscal year.
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.
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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