Published on 7 Feb 2024 on Simply Wall St. via Yahoo Finance
Parke Bancorp, Inc. (NASDAQ:PKBK) is definitely on the radar of institutional investors who own 46%...
Key Insights
Given the large stake in the stock by institutions, Parke Bancorp's stock price might be vulnerable to their trading decisionsThe top 24 shareholders own 50% of the company Recent sales by insiders
A look at the shareholders of Parke Bancorp, Inc. (NASDAQ:PKBK) can tell us which group is most powerful. With 46% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).