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Kittanning Today
By the People, for the People
Parke Bancorp CEO Buys 600 Shares
Vito Pantilione increases his stake in the Pennsylvania-based community bank
Mar. 3, 2026 at 5:47am
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Parke Bancorp, Inc. (NASDAQ:PKBK) CEO Vito Pantilione purchased 600 shares of the company's stock on February 27th. The shares were acquired at an average cost of $28.50 per share, for a total transaction of $17,100. Following the completion of the acquisition, Pantilione now owns 17,942 shares of the company's stock, valued at approximately $511,347.
Why it matters
Insider buying can be seen as a positive signal, as it suggests the CEO has confidence in the company's future prospects. Parke Bancorp is a community-oriented financial institution headquartered in Kittanning, Pennsylvania, delivering retail and commercial banking services.
The details
Pantilione's purchase represents a 3.46% increase in his ownership stake in Parke Bancorp. The company has a market capitalization of $325.04 million and a price-to-earnings ratio of 8.87. Parke Bancorp's stock has traded between $16.94 and $29.50 over the past 52 weeks.
- The transaction took place on Friday, February 27th, 2026.
The players
Vito Pantilione
The CEO of Parke Bancorp, Inc.
Parke Bancorp, Inc.
A community-oriented financial institution headquartered in Kittanning, Pennsylvania, delivering retail and commercial banking services.
The takeaway
Pantilione's insider purchase suggests he has confidence in Parke Bancorp's future prospects, which could be a positive signal for investors considering the stock.
