Provident Financial Services Inc (PFS) Files Form 4 Insider Selling : Michael A Raimonde Sells 29,557 Shares

Provident Financial Services Inc (PFS): Michael A Raimonde , EVP of The Provident Bank of Provident Financial Services Inc sold 29,557 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $19.69 per share for a total value of $581,647.81 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, 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.Also, On Mar 3, 2016, John F Kuntz (EVP,General Counsel, Secretary) sold 10,000 shares at $18.85 per share price.On Mar 2, 2016, Christopher P Martin (Chairman, President and CEO) sold 12,686 shares at $18.91 per share price.

Shares of Provident Financial Services (PFS) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.05% at $19.73 with 1,93,054 shares getting traded. Post opening the session at $19.56, the shares hit an intraday low of $19.51 and an intraday high of $19.87 and the price vacillated in this range throughout the day. The company has a market cap of $1,298 M and the number of outstanding shares has been calculated to be 6,57,94,731 shares. The 52-week high of Provident Financial Services is $21.2 and the 52-week low is $17.71.

Provident Financial Services Money Flow Index Chart

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.

Leave a Reply

Provident Financial Services - Is it time to Sell?

Top Brokerage Firms are advising their investors on Provident Financial Services. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.