$PGC

Banc Funds Co. LLC has significantly reduced its stake in Peapack-Gladstone Financial Corporation (NASDAQ:PGC) by 31.9% in the third quarter, now owning 315,099 shares valued at $8.697 million. Despite this reduction, other institutional investors like Aquatic Capital Management LLC, CWM LLC, Quantbot Technologies LP, and MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased their positions, while Merit Financial Group LLC acquired a new stake. The article also notes recent insider selling by EVP Maureen Hemhauser and provides financial details, dividend information, and analyst ratings for PGC, which currently holds a "Moderate Buy" rating with an average target price of $39.33.