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George Lista, the President and CEO of Provident Financial Services Inc . (NYSE:PFS), recently purchased 1,000 shares of the company’s common stock, as disclosed in a regulatory filing. The transaction, which took place on March 13, 2025, was executed at a price of $16.73 per share, amounting to a total value of approximately $16,729. The purchase comes as the stock trades near $17.11, with InvestingPro analysis indicating the company is fairly valued based on its comprehensive Fair Value model.
Following this acquisition, Lista holds a total of 9,956 shares indirectly through a 50% ownership in an LLC. Additionally, he possesses 116,918 shares directly, and further indirect holdings include 1,827 shares through an Employee Stock Ownership Plan (ESOP) and 1,925 shares via an Individual Retirement Account (IRA). The insider’s continued investment comes as the company maintains a notable 5.76% dividend yield and a 23-year streak of consistent dividend payments.
This purchase reflects a continued investment in Provident Financial (LON:VANQ) Services, a federally chartered savings institution headquartered in Jersey City, New Jersey, with a market capitalization of $2.2 billion. For deeper insights into insider trading patterns and comprehensive financial analysis, investors can access the detailed Pro Research Report available on InvestingPro.
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