Prudential Bancorp, Inc. (PBIP) Files Form 4 Insider Buying : Dennis Pollack Buys 2,701 Shares

Prudential Bancorp, Inc. (PBIP): Dennis Pollack , CEO of Prudential Bancorp, Inc. purchased 2,701 shares on Jun 22, 2016. The Insider buying transaction was reported by the company on Jun 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.63 per share for a total value of $39,702.50 , 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 23, 2016, Bruce E Miller (director) purchased 2,000 shares at $14.74 per share price.On Dec 15, 2015, Jerome R Balka (director) sold 4,000 shares at $14.81 per share price.Also, On Nov 25, 2015, Anthony V. Migliorino (COO) purchased 1,000 shares at $14.84 per share price.On Jun 3, 2015, Dennis Pollack (director) purchased 3,000 shares at $13.20 per share price.

Shares of Prudential Bancorp of PA (PBIP) ended Tuesday, Jun 21, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.34% at $14.5 with 831 shares getting traded. Post opening the session at $14.51, the shares hit an intraday low of $14.5 and an intraday high of $14.9 and the price vacillated in this range throughout the day. The company has a market cap of $117 M and the number of outstanding shares has been calculated to be 80,60,799 shares. The 52-week high of Prudential Bancorp of PA is $16.2 and the 52-week low is $13.76.

Prudential Bancorp  of PA Money Flow Index Chart

Prudential Bancorp of Pennsylvania Inc is a stock holding company for Prudential Savings Bank (the Bank) a Pennsylvania-chartered FDIC insured savings bank. The mutual-to-stock conversion was completed on October 9 2013. The Company’s business activities consist of the ownership of the Bank’s common stock and the management of the offering proceeds it retained. As a bank holding company Prudential Bancorp is subject to the regulation of the Board of Governors of the Federal Reserve System. The Company’s results of operations are primarily dependent on the results of the Bank. As of September 30 2013 the Company on a consolidated basis had total assets of approximately $607.9 million total deposits of approximately $542.7 million and total stockholders’ equity of approximately $59.9 million.

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