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Analyzing Provident Financial Services Inc (PFS) After Recent Trading Activity

Provident Financial Services Inc’s recently made public that 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 $ 0.64 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 $1.46 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 jump 0.05% to $18.66. Over the last five days, the stock has lost -2.66%. Provident Financial Services Inc shares have fallen nearly -1.11% since the year began. Nevertheless, the stocks have risen 21.96% over the past one year. While a 52-week high of $22.24 was reached on 01/15/25, a 52-week low of $13.07 was recorded on 01/29/25. SMA at 50 days reached $19.23, while 200 days put it at $17.90.

Levels Of Support And Resistance For PFS Stock

The 24-hour chart illustrates a support level at 18.48, which if violated will result in even more drops to 18.31. On the upside, there is a resistance level at 18.86. A further resistance level may holdings at 19.07. The Relative Strength Index (RSI) on the 14-day chart is 45.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.81%. Stochastics %K at 48.83% indicates the stock is a holding.

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