Executive Vice President & CFO of Hudson Valley Holding Corp Michael J. Indiveri Bought 5,000 Shares

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Aug 02, 2013
Hudson Valley Holding Corp. is a New York corporation founded in 1982. Hudson Valley Holding Corp has a market cap of $411.885 million. The Company provides financial services through its wholly-owned subsidiary, Hudson Valley Bank N.A. (HVB or the Bank), a national banking association established in 1972, with operational headquarters in Westchester County, New York. Its shares were traded at around $21.03 with a P/E ratio of 27.80 and P/S ratio of 3.60. The dividend yield of Hudson Valley Holding Corp stocks is 2.30%. Articles on GuruFocus.COM Executive Vice President & CFO of Hudson Valley Holding Corp (HVB, Financial) Michael J. Indiveri bought 5,000 shares on July 30, 2013 at an average price of $20.79. The total transaction amount was $103,950.

Currently, Michael J. Indiveri is the CFO and Executive Vice President of Hudson Valley Holding Corp. In the past, Mr. Indiveri was the CFO of Amalgamated Bank, Executive Vice President, CFO and Director at City & Suburban FSB, and Senior Vice President & CFO at New York Federal Savings Bank.

In addition to Mr. Indiveri’s purchase, Directors Joseph Schenk and William Whiston and EVP of Primary Operating Sub Susan Cullen together bought a total of 7,004 shares of HVB stock in May and July.

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GuruFocus Guru Mario Gabelli, who owns 118,000 shares as of June 30, 2013, kept his position in Hudson Valley Holding Corp unchanged.

Hudson Valley Holding Corp. reported their 2013 second quarter results. The Company announced net income of $3.5 million for this quarter.