Parke Bancorp, Inc. (PKBK): Arret F Dobson , director of Parke Bancorp, Inc. sold 4,800 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $13.28 per share for a total value of $63,750.84 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 26, 2016, Vito S Pantilione (CEO) purchased 500 shares at $13.81 per share price.On Mar 3, 2016, Jeffrey H Kripitz (director) sold 2,200 shares at $12.71 per share price.Also, On Jun 17, 2015, Anthony J Jannetti (director) sold 3,000 shares at $12.80 per share price.On Jun 17, 2015, Fred G Choate (director) sold 22,223 shares at $12.43 per share price.
Parke Bancorp: On Friday, May 6, 2016 heightened volatility was witnessed in Parke Bancorp which led to swings in the share price. The shares opened for trading at $13.31 and hit $13.45 on the upside , eventually ending the session at $13.36, with a gain of 0.38% or 0.05 points. The heightened volatility saw the trading volume jump to 1,549 shares. The 52-week high of the share price is $13.84 and the company has a market cap of $91 M . The 52-week low of the share price is at $9.881818.
Parke Bancorp Inc. is a bank holding company of Parke Bank (the Bank). The Bank is a commercial bank. The Bank is a full service bank with focus on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester Atlantic and Cape May Counties in New Jersey and the Philadelphia area in Pennsylvania. The Bank focuses its commercial loan originations on small and mid-sized businesses. The Bank’s commercial loan products include residential and commercial real estate construction loans; working capital loans and lines of credit; demand term and time loans; and equipment inventory and accounts receivable financing. The Bank also offers a range of deposit products to its commercial customers. The Bank also offers contemporary products and services such as debit cards Internet banking and online bill payment.