Third Insider in 30 Days. CEO Drops $398K.
This is cluster buying in action. The CEO just put down $398K at $35.21, following the CFO's $101K buy earlier today and another insider last month. Technical momentum backs them up with a 96% buy signal and all timeframes aligned bullish. Financials are getting beaten down amid rate uncertainty, but three insiders see value at these levels. You could work the $32/$30 put spread for April expiration if you want defined risk underneath the CEO's entry.
The Filing
| Ticker | PGC |
| Company | PEAPACK GLADSTONE FINANCIAL CORP |
| Insider | Douglas Kennedy, President & CEO |
| Buy amount | $397,732 |
| Filing date | April 1, 2026 |
| Conviction | Favorable · 67/100 |
| Setup type | Trend Confirmation |
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