Why This $3.6 Million Bank Buy Looks Smart Amid a 35% Stock Run

2026-02-06 06:41:06 ET

On February 4, Leeward Investments disclosed a buy of 322,500 shares of Valley National Bancorp (NASDAQ:VLY) , an estimated $3.58 million trade based on quarterly average pricing.

According to a February 4 SEC filing , Leeward Investments increased its position in Valley National Bancorp (NASDAQ:VLY) by 322,500 shares during the fourth quarter. The estimated trade value was $3.58 million, calculated using the average share price for the quarter. At quarter end, the fund’s holding in Valley National Bancorp was valued at $22.33 million, a $5.48 million increase from the prior period.

Valley National Bancorp now represents 1.13% of Leeward Investments.

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