Peapack Gladstone Financial Corp (PGC): Eric H. Waser , EVP, Head of Comm Banking of Peapack Gladstone Financial Corp purchased 1,000 shares on Jun 15, 2016. The Insider buying transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were purchased at $18.95 per share for a total value of $18,950.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 14, 2016, Eric H. Waser (EVP, Head of Comm Banking) purchased 1,000 shares at $18.95 per share price.On Jun 9, 2016, Jeffrey J Carfora (CFO) purchased 1,000 shares at $19.36 per share price.Also, On Apr 27, 2016, F Duffield Meyercord (director) purchased 10,000 shares at $19.50 per share price.On Apr 27, 2016, Douglas L Kennedy (CEO) purchased 2,000 shares at $19.50 per share price.
Peapack-Gladstone Financial Corp: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Peapack-Gladstone Financial Corp which led to swings in the share price. The shares opened for trading at $19.06 and hit $19.37 on the upside , eventually ending the session at $18.9, with a gain of 0.59% or 0.11 points. The heightened volatility saw the trading volume jump to 51,484 shares. The 52-week high of the share price is $23.82 and the company has a market cap of $309 M . The 52-week low of the share price is at $16.17.
Peapack-Gladstone Financial Corporation is a bank holding company. Peapack-Gladstone Bank (the Bank) is the Company’s principal subsidiary. The Bank is a state chartered commercial bank. The Bank provides private banking services to businesses non-profits and consumers through its private banking locations in Bedminster Morristown Princeton and Teaneck New Jersey its wealth management division and its branch network in Somerset Morris Hunterdon Middlesex and Union counties. The Bank operates through two segments: Banking and Private Wealth Management Division. The Banking segment includes commercial commercial real estate multifamily residential and consumer lending activities; deposit generation; operation of ATMs; telephone and Internet banking services; merchant credit card services and customer support sales. The Bank’s Private Wealth Management Division includes asset management services. The Bank owns 10 branches and leased 12 branches.