Peapack Gladstone Financial Corp (PGC) Files Form 4 Insider Buying : Eric H. Waser Buys 1,000 Shares

Peapack Gladstone Financial Corp (PGC): Eric H. Waser , EVP, Head of Comm Banking of Peapack Gladstone Financial Corp purchased 1,000 shares on Jun 13, 2016. The Insider buying transaction was reported by the company on Jun 14, 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 9, 2016, Jeffrey J Carfora (CFO) purchased 1,000 shares at $19.36 per share price.On Apr 27, 2016, Eric H. Waser (EVP, Head of Comm Banking) purchased 1,000 shares at $19.16 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.

Shares of Peapack-Gladstone Financial Corp (PGC) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.33 points or -1.70% at $19.09 with 18,057 shares getting traded. Post opening the session at $19.29, the shares hit an intraday low of $19.05 and an intraday high of $19.33 and the price vacillated in this range throughout the day. The company has a market cap of $312 M and the number of outstanding shares has been calculated to be 1,63,24,747 shares. The 52-week high of Peapack-Gladstone Financial Corp is $23.82 and the 52-week low is $16.17.

Peapack-Gladstone Financial Corp Money Flow Index Chart

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.

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