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.