Provident Financial Services Inc (PFS): Janet D Krasowski , EVP of The Provident Bank of Provident Financial Services Inc sold 10,000 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $20.00 per share for a total value of $200,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, Frank L Fekete (director) sold 3,000 shares at $19.69 per share price.On May 4, 2016, Michael A Raimonde (EVP of The Provident Bank) sold 29,557 shares at $19.69 per share price.Also, On Mar 7, 2016, Janet D Krasowski (EVP of The Provident Bank) sold 1,925 shares at $19.17 per share price.On Mar 7, 2016, Donald W Blum (EVP/CLO of The Provident Bank) sold 10,000 shares at $19.33 per share price.
Provident Financial Services: On Friday, May 20, 2016 heightened volatility was witnessed in Provident Financial Services which led to swings in the share price. The shares opened for trading at $19.64 and hit $19.84 on the upside , eventually ending the session at $19.71, with a gain of 0.97% or 0.19 points. The heightened volatility saw the trading volume jump to 1,69,814 shares. The 52-week high of the share price is $21.2 and the company has a market cap of $1,303 M . The 52-week low of the share price is at $17.71.
Provident Financial Services Inc. is a holding company for The Provident Bank (the Bank). The Bank is a New Jersey-chartered capital stock savings bank and operates 86 full-service branch offices in the New Jersey counties of Hudson Bergen Essex Mercer Hunterdon Middlesex Monmouth Morris Ocean Passaic Somerset Union and Warren as well as in Bucks Lehigh and Northampton counties in Pennsylvania. The Bank receives deposits from the general public and businesses primarily in the areas surrounding its banking offices and uses those funds together with funds generated from operations and borrowings to originate commercial real estate loans residential mortgage loans commercial business loans and consumer loans. The Bank also invests in mortgage-backed securities and other permissible investments. The Company operates primarily in the geographical regions of northern and central New Jersey and eastern Pennsylvania.