Director Sandor Nitzan purchased 110 shares of Valley National Bancorp at $10.24; establishes initial position.
Sandor Nitzan, a director at Valley National Bancorp, acquired 110 shares at $10.24 on January 27, 2025, establishing an initial shareholding in the company. The stock is trading near its 52-week high ($10.80), at 97.6% of that peak, and has appreciated 13.2% over the past 30 days and 7.7% over 90 days. With a P/E ratio of 15.64 against net income of $97,856,000.00, the company shows stable fundamentals. The small transaction size ($1,126.40) and zero prior holdings suggest this purchase reflects a baseline director position rather than a material change in conviction; the timing—after significant recent momentum—does not provide a distinct contrarian signal.