Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
Douglas L. Kennedy, President and CEO of Peapack Gladstone Financial Corp (NASDAQ:PGC), a financial institution with a market capitalization of $504 million, executed a stock sale totaling $578,142, according to a recent SEC filing. The transaction involved the sale of 20,000 shares of common stock at an average price of $28.9071 per share. Following this sale, Kennedy holds 43,702.749 shares directly. Additionally, he maintains indirect ownership of shares through various plans, including a rabbi trust and a 401(k), accounting for a substantial portion of his holdings. The company, currently trading below InvestingPro’s Fair Value estimate, boasts a 28-year streak of consecutive dividend payments and carries analyst price targets ranging from $33 to $42 per share. Get access to more detailed insights and 12+ additional ProTips with InvestingPro.
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