Provident Financial Services Inc’s recent filing unveils that its Director LEPPERT EDWARD J unloaded Company’s shares for reported $1.44 million on Nov 20 ’24. In the deal valued at $20.63 per share,69,921 shares were sold. As a result of this transaction, LEPPERT EDWARD J now holds 78,245 shares worth roughly $1.6 million.
Then, MARTIN CHRISTOPHER P sold 18,153 shares, generating $374,297 in total proceeds. Upon selling the shares at $20.62, the Executive Chairman now owns 619,741 shares.
Before that, MARTIN CHRISTOPHER P bought 18,153 shares. Provident Financial Services Inc shares valued at $373,407 were divested by the Officer at a price of $20.57 per share.
Keefe Bruyette upgraded its Provident Financial Services Inc [PFS] rating to an Outperform from a a Mkt perform in a research note published on August 15, 2024; the price target was increased to $21 from $20. A number of analysts have revised their coverage, including DA Davidson’s analysts, who increased its forecast for the stock in late April from “a Neutral” to “a Buy”. Piper Sandler also remained covering PFS and has increased its forecast on August 22, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. Piper Sandler revised its rating on August 19, 2022. It rated PFS as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of PFS
On Tuesday, Provident Financial Services Inc [NYSE:PFS] saw its stock fall -0.34% to $20.42. Over the last five days, the stock has lost -1.16%. Provident Financial Services Inc shares have risen nearly 13.26% since the year began. Nevertheless, the stocks have risen 22.79% over the past one year. While a 52-week high of $22.24 was reached on 11/25/24, a 52-week low of $13.07 was recorded on 06/26/24. SMA at 50 days reached $19.86, while 200 days put it at $16.91.
Levels Of Support And Resistance For PFS Stock
The 24-hour chart illustrates a support level at 20.19, which if violated will result in even more drops to 19.96. On the upside, there is a resistance level at 20.76. A further resistance level may holdings at 21.10. The Relative Strength Index (RSI) on the 14-day chart is 47.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.81%. Stochastics %K at 10.21% indicates the stock is a buying.
How much short interest is there in Provident Financial Services Inc?
A steep rise in short interest was recorded in Provident Financial Services Inc stocks on 2024-11-29, growing by 89568.0 shares to a total of 2.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.85 million shares. There was a rise of 3.05%, which implies that there is a positive sentiment for the stock.
