Insider Buying: Michael J. Indiveri Acquires 1,200 Shares of Hudson Valley Holding Corp. Stock (HVB)
Hudson Valley Holding Corp. (NYSE:HVB) CFO Michael J. Indiveri bought 1,200 shares of the stock on the open market in a transaction that occurred on Wednesday, June 4th. The shares were purchased at an average price of $17.25 per share, with a total value of $20,700.00. Following the completion of the acquisition, the chief financial officer now directly owns 1,500 shares of the company’s stock, valued at approximately $25,875. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
HVB has been the subject of a number of recent research reports. 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. (NYSE:HVB) opened at 18.57 on Friday. Hudson Valley Holding Corp. has a one year low of $16.00 and a one year high of $21.36. The stock has a 50-day moving average of $18.07 and a 200-day moving average of $18.77. The company’s market cap is $371.1 million.
Hudson Valley Holding Corp. (NYSE:HVB) last released its earnings data on Monday, April 28th. The company reported $0.14 earnings per share for the quarter, meeting the analysts’ 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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