Provident Bancorp Inc (Maryland)
NASDAQ:PVBC
During the last 3 months Provident Bancorp Inc (Maryland) insiders have not bought any shares, and have not sold any shares. The stock price has increased by 1% over this period (open performance analysis).
The last transaction was made on
Nov 11, 2024
by
Pollack Dennis
(President and Chief Executive Officer)
, who
bought
58.2k USD
worth of PVBC shares.
During the last 3 months Provident Bancorp Inc (Maryland) insiders have not bought any shares, and have not sold any shares. The stock price has increased by 1% over this period (open performance analysis).
The last transaction was made on
Nov 11, 2024
by
Pollack Dennis
(President and Chief Executive Officer)
, who
bought
58.2k USD
worth of PVBC shares.
Provident Bancorp Inc (Maryland)
Glance View
Provident Bancorp, Inc. (Massachusetts) is a holding company that operates a commercial bank. The company is headquartered in Amesbury, Massachusetts and currently employs 170 full-time employees. The company went IPO on 2015-07-16. The Provident Bank is a commercial bank for corporate clients specializing in offering banking solutions to a range of markets, including cryptocurrency, renewable energy, fin-tech and search fund lending. The firm operates its business from approximately seven banking offices located in Amesbury and Newburyport, Massachusetts and Portsmouth, Exeter, Bedford, and Seabrook, New Hampshire. The Bank also has approximately two loan production offices in Boston, Massachusetts and Ponte Vedra, Florida. its primary deposit products are checking, savings and term certificate accounts and its primary lending products are commercial mortgages and commercial loans.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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