There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on September 12, Provident Financial Services Inc's Director, Thomas W. Berry, invested $16,330.00 into 1,000 shares of PFS, for a cost per share of $16.33. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.
PFS Trading Below Director's Recent Buy Price
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