Anyone interested in Parke Bancorp, Inc. (NASDAQ:PKBK) should probably be aware that the Independent Director, Jeffrey Kripitz, recently divested US$102k worth of shares in the company, at an average price of US$16.95 each. On the bright side, that sale was only 2.2% of their holding, so we doubt it's very meaningful, on its own.

The Last 12 Months Of Insider Transactions At Parke Bancorp

In fact, the recent sale by Independent Director Jeffrey Kripitz was not their only sale of Parke Bancorp shares this year. They previously made an even bigger sale of -US$194k worth of shares at a price of US$19.60 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of US$16.45. So it may not shed much light on insider confidence at current levels.

Over the last year, we can see that insiders have bought 7.43k shares worth US$131k. But they sold 52.50k shares for US$925k. Jeffrey Kripitz sold a total of 52.50k shares over the year at an average price of US$17.62. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Parke Bancorp better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does Parke Bancorp Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Parke Bancorp insiders own about US$23m worth of shares. That equates to 12% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Parke Bancorp Tell Us?

The stark truth for Parke Bancorp is that there has been more insider selling than insider buying in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Parke Bancorp has 2 warning signs we think you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.