Provident Bancorp Ownership

PVBC Stock  USD 11.58  0.19  1.67%   
Provident Bancorp owns a total of 17.73 Million outstanding shares. 30% of Provident Bancorp outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
2014-03-31
Previous Quarter
16.7 M
Current Value
16.8 M
Avarage Shares Outstanding
13.7 M
Quarterly Volatility
4.1 M
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Provident Bancorp in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Provident Bancorp, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At present, Provident Bancorp's Dividend Paid And Capex Coverage Ratio is projected to increase based on the last few years of reporting. As of November 27, 2024, Common Stock Shares Outstanding is expected to decline to about 15.2 M. The current year's Net Loss is expected to grow to about (18.4 M).
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.

Provident Stock Ownership Analysis

About 48.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.91. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Provident Bancorp last dividend was issued on the 11th of August 2022. The entity had 2021:1000 split on the 17th of October 2019. Provident Bancorp, Inc. operates as the bank holding company for The Provident Bank that provides various financial services to individuals and small businesses in the United States. The company was founded in 1828 and is headquartered in Amesbury, Massachusetts. Provident Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 170 people. To find out more about Provident Bancorp contact Joseph Reilly at 978 834 8555 or learn more at https://bankprov.com.
Besides selling stocks to institutional investors, Provident Bancorp also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Provident Bancorp's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Provident Bancorp's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Provident Bancorp Quarterly Liabilities And Stockholders Equity

1.65 Billion

Provident Bancorp Insider Trades History

About 12.0% of Provident Bancorp are currently held by insiders. Unlike Provident Bancorp's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Provident Bancorp's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Provident Bancorp's insider trades
 
Yuan Drop
 
Covid

Provident Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Provident Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Provident Bancorp backward and forwards among themselves. Provident Bancorp's institutional investor refers to the entity that pools money to purchase Provident Bancorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Northern Trust Corp2024-09-30
127.2 K
Renaissance Technologies Corp2024-09-30
126.7 K
Susquehanna International Group, Llp2024-06-30
120.5 K
Pallas Capital Advisors Llc2024-09-30
90.3 K
Morgan Stanley - Brokerage Accounts2024-06-30
89.1 K
Watch Point Trust Co2024-09-30
70.2 K
Bank Of New York Mellon Corp2024-06-30
64.5 K
Charles Schwab Investment Management Inc2024-09-30
43.1 K
Citadel Advisors Llc2024-09-30
42.1 K
Stilwell Value Llc2024-06-30
1.8 M
M3f, Inc.2024-09-30
1.2 M
Note, although Provident Bancorp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Provident Bancorp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Provident Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Provident Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Provident Bancorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Pollack Dennis over two weeks ago
Acquisition by Pollack Dennis of 5000 shares of Provident Bancorp at 11.64 subject to Rule 16b-3
 
Pollack Dennis over two weeks ago
Acquisition by Pollack Dennis of 5000 shares of Provident Bancorp at 11.3 subject to Rule 16b-3
 
David Mansfield over two months ago
Acquisition by David Mansfield of 10294 shares of Provident Bancorp subject to Rule 16b-3
 
Kenneth Fisher over three months ago
Acquisition by Kenneth Fisher of 12000 shares of Provident Bancorp subject to Rule 16b-3
 
Knapp Laurie H over three months ago
Acquisition by Knapp Laurie H of tradable shares of Provident Bancorp at 16.5487 subject to Rule 16b-3
 
Joseph Mancini over three months ago
Disposition of 768 shares by Joseph Mancini of Provident Bancorp at 7.83 subject to Rule 16b-3
 
Kenneth Fisher over three months ago
Acquisition by Kenneth Fisher of 2500 shares of Provident Bancorp at 9.6263 subject to Rule 16b-3
 
Pollack Dennis over three months ago
Acquisition by Pollack Dennis of 1075 shares of Provident Bancorp at 10.15 subject to Rule 16b-3
 
Pollack Dennis over three months ago
Acquisition by Pollack Dennis of 5000 shares of Provident Bancorp at 9.92 subject to Rule 16b-3
 
David Mansfield over six months ago
Acquisition by David Mansfield of 4289 shares of Provident Bancorp subject to Rule 16b-3
 
Joseph Mancini over six months ago
Disposition of 768 shares by Joseph Mancini of Provident Bancorp at 7.83 subject to Rule 16b-3
 
Kenneth Fisher over six months ago
Disposition of tradable shares by Kenneth Fisher of Provident Bancorp subject to Rule 16b-3

Provident Bancorp Outstanding Bonds

Provident Bancorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Provident Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Provident bonds can be classified according to their maturity, which is the date when Provident Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Provident Bancorp Corporate Filings

13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
13th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
F4
12th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
1st of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

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When determining whether Provident Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Provident Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Provident Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Provident Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Provident Bancorp. If investors know Provident will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Provident Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Earnings Share
0.32
Revenue Per Share
3.314
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0031
The market value of Provident Bancorp is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Provident Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Provident Bancorp's market value can be influenced by many factors that don't directly affect Provident Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Provident Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.