Exploring Provident Bancorp, Inc. (PVBC) Investor Profile: Who’s Buying and Why?

Have you ever wondered who the major players are behind Provident Bancorp, Inc. (PVBC), and what their investment decisions might signal? As of April 2025, understanding the investor profile of PVBC can provide valuable insights into the company's stability and future prospects. In 2024, Provident Bancorp demonstrated resilience with a Q4 net income of $4.9 million, or $0.29 per diluted share, a notable increase from previous quarters. For the full year 2024, the net income reached $7.3 million, or $0.43 per share. So, who are the institutional investors and insiders currently shaping PVBC's trajectory, and what factors are influencing their investment strategies?

Provident Bancorp, Inc. (PVBC) Who Invests in Provident Bancorp, Inc. and Why?

Understanding the investor profile of Provident Bancorp, Inc. (PVBC) is crucial for gauging market sentiment and potential stock performance. Investors are typically categorized into retail investors, institutional investors, and sometimes, hedge funds, each with distinct motivations and strategies.

Key Investor Types:

The investor base of Provident Bancorp, Inc. includes a mix of retail and institutional investors. Each type brings different investment strategies and expectations.

• Retail Investors: These are individual investors who buy and sell securities for their own accounts. Retail investors may be attracted to Provident Bancorp, Inc. due to its community banking model, dividend payouts, or perceived stability.
• Institutional Investors: These include entities such as mutual funds, pension funds, insurance companies, and investment firms that invest on behalf of their clients.

Investment Motivations:

Different factors attract investors to Provident Bancorp, Inc. These motivations often depend on the investor's type and investment goals.

• Growth Prospects: Investors may be drawn to Provident Bancorp, Inc.'s potential for growth through strategic initiatives, such as expanding its loan portfolio or entering new markets.
• Dividends: Dividend-paying stocks are attractive to investors seeking regular income. If Provident Bancorp, Inc. has a history of consistent dividend payments, it may appeal to income-focused investors.
• Market Position: A strong market position in its operating regions can make Provident Bancorp, Inc. an attractive investment. This includes factors like local market share, customer loyalty, and competitive advantages.

Investment Strategies:

The strategies employed by investors in Provident Bancorp, Inc. can vary widely based on their investment horizon and risk tolerance.

• Long-Term Holding: Some investors may adopt a long-term buy-and-hold strategy, driven by the belief in the company's sustained performance and stability over time.
• Short-Term Trading: Other investors may engage in short-term trading, seeking to profit from short-term price fluctuations based on market trends and news events.
• Value Investing: Value investors may see Provident Bancorp, Inc. as undervalued based on financial metrics, such as price-to-earnings ratio or price-to-book ratio, and invest with the expectation of future appreciation.

For further insights into the financial health of Provident Bancorp, Inc., consider exploring: Breaking Down Provident Bancorp, Inc. (PVBC) Financial Health: Key Insights for Investors

Provident Bancorp, Inc. (PVBC) Institutional Ownership and Major Shareholders of Provident Bancorp, Inc. (PVBC)

Institutional ownership in Provident Bancorp, Inc. (PVBC) provides valuable insights into the company's stability and investor confidence. Examining which institutions hold significant stakes and how their positions have changed over time can offer a glimpse into the perceived value and future prospects of PVBC.

As of March 31, 2024, the top institutional holders of Provident Bancorp, Inc. (PVBC) common stock included:

• BlackRock Fund Advisors, holding 255,873 shares, representing 7.156% ownership.
• Vanguard Total Stock Market Index Fund, holding 231,986 shares, representing 6.487% ownership.
• Fidelity Concord Street Trust - Fidelity Total Market Index Fund, holding 172,203 shares, representing 4.818% ownership.
• Vanguard Small-Cap Index Fund, holding 158,844 shares, representing 4.447% ownership.
• Dimensional Fund Advisors LP, holding 133,489 shares, representing 3.734% ownership.
• Renaissance Technologies LLC, holding 106,200 shares, representing 2.972% ownership.
• Geode Capital Management LLC, holding 96,710 shares, representing 2.707% ownership.
• Charles Schwab Investment Management Inc., holding 72,492 shares, representing 2.028% ownership.
• State Street Global Advisors, Inc., holding 62,669 shares, representing 1.752% ownership.
• Vivaldi Asset Management, LLC, holding 56,185 shares, representing 1.572% ownership.

Recent changes in institutional ownership can signal shifts in sentiment towards Provident Bancorp, Inc. (PVBC). For instance, an increase in holdings by major institutions may indicate a positive outlook, while a decrease could suggest concerns about the company's performance or future prospects.

For example, according to recent data, BlackRock Fund Advisors increased its holdings by 4,514 shares in the first quarter of 2024, while Geode Capital Management LLC decreased its holdings by 2,670 shares during the same period. These adjustments, while seemingly small, can reflect evolving investment strategies and assessments of PVBC's potential.

The role of institutional investors in Provident Bancorp, Inc. (PVBC) is significant, as their trading activity can influence the stock's price and overall market perception. Large institutional investors often have dedicated research teams that analyze companies in depth, and their investment decisions can carry substantial weight, potentially driving price movements and shaping the company's strategic direction.

A substantial institutional presence can also provide a degree of stability for Provident Bancorp, Inc. (PVBC). These investors typically have a longer investment horizon compared to individual traders, reducing the volatility associated with short-term market fluctuations.

Here is a summary of the top 10 institutional investors in Provident Bancorp, Inc. (PVBC) as of March 31, 2024:

Understanding the dynamics of institutional ownership in Provident Bancorp, Inc. (PVBC) is crucial for investors seeking to make informed decisions. By tracking changes in ownership and recognizing the influence of major shareholders, investors can gain a deeper appreciation of the factors that may impact the company's stock performance and strategic direction. For further insights into the financial health of Provident Bancorp, Inc. (PVBC), consider exploring Breaking Down Provident Bancorp, Inc. (PVBC) Financial Health: Key Insights for Investors.

Provident Bancorp, Inc. (PVBC) Key Investors and Their Impact on [Company Name]

Understanding the investor profile of Provident Bancorp, Inc. (PVBC) provides valuable insights into the company's stability, strategic direction, and potential stock performance. Key investors can exert considerable influence through their holdings and actions.

As of April 2025, 45.11% of Provident Bancorp (NASDAQ: PVBC) is owned by institutional shareholders, 36.49% by Provident Bancorp insiders, and 18.40% by retail investors.

Here's a breakdown of notable investors and their impact:

• Bancorp Provident: Holds the largest individual share with 5,034,323 shares, representing 28.30% of the company, valued at approximately $53.82 million.
• Stilwell Value LLC: A significant institutional investor. Joseph Stilwell is a significant shareholder, and entities associated with him include Stilwell Activist Fund, L.P., Stilwell Activist Investments, L.P., and Stilwell Partners, L.P.
  • Stilwell Value LLC owns 1.71 million shares.
  • As of June 4, 2024, entities associated with Joseph Stilwell sold shares worth $721,499 at $9.62 per share.
  • Post-transaction, Stilwell Activist Fund, L.P. holds 271,014 shares, and Stilwell Activist Investments, L.P. holds 1,435,453 shares.
• M3F, Inc.: Holds 1.20 million shares.
• BlackRock, Inc.: Holds 0.90 million shares.
• Vanguard Group Inc: Holds 0.83 million shares.
• Alliancebernstein L.P.: Holds 0.50 million shares.

Investor Influence:

Institutional investors and major shareholders can significantly impact company decisions and stock movements. For example, Stilwell's involvement has led to changes in Provident Bancorp's board.

• Dennis Pollack was appointed to the Boards of Directors of Provident Bancorp, Inc. and BankProv following an agreement with the Stilwell Group. He was appointed to the Company's Compensation Committee on January 25, 2024.
• The agreement with the Stilwell Group also led to an amendment of the company's bylaws to remove the residency requirement for board members.

Recent Moves:

Recent transactions by major investors include both buying and selling activities, which can provide insights into their confidence in the company's future.

• Joseph Stilwell entities sold over $720k in Provident Bancorp stock in June 2024.
• Dennis Pollack has made several purchases of Provident Bancorp stock, including purchases in June 2024 and November 2024.
• M3 Partners LP decreased their shareholdings by -21.77%.
• T. Rowe Price Investment Management, Inc. decreased their shareholdings by -68.94%.

Here is a table summarizing the top shareholders of Provident Bancorp, Inc. (PVBC):

Institutional ownership in Provident Bancorp, Inc. stands at approximately 40%, indicating significant interest from institutional investors. Monitoring these investors' moves and understanding their influence can be crucial for current and potential shareholders.

For further insights into Provident Bancorp, Inc.'s financial standing, explore: Breaking Down Provident Bancorp, Inc. (PVBC) Financial Health: Key Insights for Investors

Provident Bancorp, Inc. (PVBC) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions is crucial for gauging the potential future performance of Provident Bancorp, Inc. (PVBC). Shifts in major shareholders' positions, overall market trends, and analyst evaluations all contribute to the stock's valuation and investor confidence. Examining these factors provides insights into the dynamics influencing PVBC's market behavior.

The stock market's response to changes in ownership or significant investor moves can be a telling sign. For instance, a substantial increase in institutional ownership might suggest confidence in the company's future prospects, potentially driving up the stock price. Conversely, a major sell-off by a large shareholder could signal concerns, leading to a price decline.

Analyst perspectives play a vital role in shaping investor sentiment. Analysts often provide ratings (e.g., buy, hold, sell) and price targets based on their assessment of the company's financial health, growth potential, and competitive landscape. These insights can influence investment decisions and impact the stock's trading volume and price volatility. Keeping tabs on these expert analyses helps in understanding the undercurrents affecting Provident Bancorp, Inc. (PVBC).

To better illustrate the changes in investor holdings, consider the following hypothetical scenario:

Hypothetical Investor Activity in Provident Bancorp, Inc. (PVBC)

Let's consider a hypothetical scenario of investor activity in Provident Bancorp, Inc. (PVBC) during the fiscal year 2024.

In this scenario:

• Institutional investors increased their holdings by 150,000 shares, suggesting a positive outlook.
• Retail investors decreased their holdings by 50,000 shares, indicating a more cautious or mixed sentiment.
• Company insiders increased their holdings by 5,000 shares, which could be interpreted as a positive signal from those with the closest knowledge of the company's operations.

These movements in share ownership can influence market perception and stock valuation. For example, increased institutional buying often lends credibility to the company and can drive up the stock price, while insider buying is often seen as a strong vote of confidence in the company's prospects.

For additional background information, you might find this resource helpful: Provident Bancorp, Inc. (PVBC): History, Ownership, Mission, How It Works & Makes Money