PARKE BANCORP, INC.
No enriched coverage for $PKBK in the last 7 days.
No SEC Form 4 filings for $PKBK in the last 30 days.
Parke Bancorp's CEO, Vito Pantilione, recently purchased 1,300 shares of the company's stock for $39,481, increasing his direct ownership to 237,429 shares. The transaction, executed on April 28th at an average price of $30.37 per share, was disclosed in a SEC filing. The company's stock has a market capitalization of $353.22 million, a P/E ratio of 8.60, and pays a quarterly dividend of $0.18.
Parke Bancorp (NASDAQ:PKBK) experienced a 45.9% surge in short interest in March, totaling 149,296 shares. Insiders have been actively trading, with the CEO purchasing 1,000 shares and a director selling 22,500 shares, while institutional ownership stands at nearly 50%. The company declared a quarterly dividend of $0.18, offering a 2.5% yield.
Institutional investors own 54% of Parke Bancorp, Inc. (NASDAQ:PKBK) shares, significantly influencing its stock price. The top 17 shareholders combined own 50% of the company, with BlackRock, Inc. as the largest single shareholder at 6.0%. Insiders hold a 12% stake, indicating alignment with shareholder interests.
