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Stock impact report

Pleasing Signs As A Number Of Insiders Buy Provident Bancorp Stock [Yahoo! Finance]

Provident Bancorp, Inc. (PVBC) 
US:NASDAQ Investor Relations: theprovidentbank.com/investor-relations
Company Research Source: Yahoo! Finance
NASDAQ:PVBC ), it sends a favourable message to the company's shareholders. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing. View our latest analysis for Provident Bancorp The Director Dennis Pollack made the biggest insider purchase in the last 12 months. That single transaction was for US$99k worth of shares at a price of US$9.99 each. So it's clear an insider wanted to buy, at around the current price, which is US$10.36. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Provident Bancorp insiders decided to buy shares at close to current prices. In the last twelve months Provident Bancorp insiders were buying shares, but Show less Read more
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