Today it was reported that a Director at Peapack-Gladstone Financial (PGC), Philip W. Smith, exercised options to buy 5,000 PGC shares at $13.43 a share, for a total transaction value of $67.15K. The options were close to expired and Philip W. Smith retained stocks.
Following this transaction Philip W. Smith’s holding in the company was increased by 9.64% to a total of $1.69 million.
See today’s analyst top recommended stocks >>
Based on Peapack-Gladstone Financial’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $60.36 million and quarterly net profit of $12.23 million. In comparison, last year the company earned revenue of $51.15 million and had a net profit of $10.72 million. Currently, Peapack-Gladstone Financial has an average volume of 64.68K. The company has a one-year high of $30.89 and a one-year low of $23.96.
The insider sentiment on Peapack-Gladstone Financial has been negative according to 31 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Peapack-Gladstone Financial Corp. engages in the provision of private banking services to businesses, non-profits and consumer. It operates through the Banking and Private Wealth Management segments.
