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EdgarHawk

GRAMIGNA EDWARD A JR

Director

Director
1 filing analyzed · 1 company · Latest 2025-04-01

Companies

Company Buys Sells Direction
PEAPACK GLADSTONE FINANCIAL CORP PGC 1 0 Net buying

Activity

April 2025
Buy
3,000 shares
$85,280
Significance 6/10

Director Edward A Gramigna Jr bought 3,000 shares of PGC at $28.43; 2 other insiders also bought within 14 days

Director Edward A Gramigna Jr purchased 3,000 shares at $28.43 on 2025-03-31, increasing his holdings by 20.2% to 17,836 shares total. This transaction is noteworthy because 2 other insiders also made purchases within the past 14 days, forming a cluster buy pattern. The stock is currently trading at $29.06, down 22.6% from its 52-week high of $37.57 and down 10.2% over the past 30 days, while the company generated $56.6M in quarterly revenue with $7.6M net income. The coincident buying activity across multiple insiders during a period of recent price decline warrants examination of whether this reflects director-level conviction about valuation or underlying business fundamentals.

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