PFS PROVIDENT FINANCIAL SERVICES INC Insider Trading

CEO George buys 1,000 PFS shares at $16.73; stock down -21.6% from 52-week high, prior PFS buys mixed (1 of 3 well-timed at 90d).

LISTA GEORGE, President/CEO of Provident Protection Plus, purchased 1,000 shares of PROVIDENT FINANCIAL SERVICES INC at $16.73 on 2025-03-13, increasing holdings by 11.2% to 9,956 shares. The stock is currently trading at $17.15, down -21.6% from its 52-week high of $21.86 and off -8.3% over the past 30 days. His prior open-market buy history shows mixed execution: at this same ticker, one of his three prior buys (on 2023-05-05) achieved a +17.3% 90-day return, but the two most recent buys (2024-02-05) each produced negative 90-day returns (-1.0% and -1.8%). The company's fundamentals remain intact with net income of $46.4M and annual revenue growth of +18.7%, though the elevated P/E of 27.66 reflects the stock's current valuation disconnect. This purchase occurs as the stock trades near the lower end of its 52-week range, setting up a clear test of whether George's timing at this ticker has improved versus his recent misses in early 2024.

Director Leppert sold 69,921 shares of PFS at $20.63; retains 78,245 shares post-sale.

Edward J. Leppert, a PFS director, sold 69,921 shares at $20.63 on 2024-11-20, reducing his holdings by approximately 47% to 78,245 shares. The sale occurred at a price near the 52-week high (within 2.1% of the $21.86 peak) and during a period of recent strength, with the stock up 12.2% over 30 days and 11.9% over 90 days. The $1.4M transaction represents a substantial position reduction but Leppert retains material direct ownership. With PFS trading at a P/E of 29.72 and recent quarterly net income of $46.4M against $17.8M in revenue, the company appears relatively fairly valued; the timing and magnitude of this sale merit monitoring for directional sentiment, though the director's continued substantial shareholding suggests ongoing confidence in the business.