In a filing, Provident Financial Services Inc revealed its EVP, CRO of Provident Bank Christy James A. unloaded Company’s shares for reported $73080.0 on Dec 11 ’24. In the deal valued at $20.88 per share,3,500 shares were sold. As a result of this transaction, Christy James A. now holds 34,254 shares worth roughly $0.69 million.
Then, Christy James A. bought 3,500 shares, generating $72,625 in total proceeds.
Before that, LEPPERT EDWARD J sold 69,921 shares. Provident Financial Services Inc shares valued at $1,442,470 were divested by the Director at a price of $20.63 per share. As a result of the transaction, LEPPERT EDWARD J now holds 78,245 shares, worth roughly $1.58 million.
Hovde Group initiated its Provident Financial Services Inc [PFS] rating to an Outperform in a research note published on December 13, 2024; the price target was $25. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in mid August from “a Mkt perform” to “an Outperform”. DA Davidson also remained covering PFS and has increased its forecast on April 22, 2024 with a “Buy” recommendation from previously “Neutral” rating. Piper Sandler revised its rating on August 22, 2023. It rated PFS as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of PFS
On Tuesday, Provident Financial Services Inc [NYSE:PFS] saw its stock fall -2.27% to $20.19. Over the last five days, the stock has lost -1.13%. Provident Financial Services Inc shares have risen nearly 11.98% since the year began. Nevertheless, the stocks have risen 11.86% 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 $20.13, while 200 days put it at $17.04.
Levels Of Support And Resistance For PFS Stock
The 24-hour chart illustrates a support level at 19.92, which if violated will result in even more drops to 19.66. On the upside, there is a resistance level at 20.62. A further resistance level may holdings at 21.05. The Relative Strength Index (RSI) on the 14-day chart is 44.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.50%. Stochastics %K at 19.25% 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.
