Insider Buying: Talmer Bancorp CFO Purchases 3,800 Shares of Stock (TLMR)
Talmer Bancorp (NASDAQ:TLMR) CFO Dennis L. Klaeser acquired 3,800 shares of the stock on the open market in a transaction dated Friday, February 14th. The shares were purchased at an average price of $13.00 per share, with a total value of $49,400.00. Following the transaction, the chief financial officer now directly owns 35,050 shares in the company, valued at approximately $455,650. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Talmer Bancorp (NASDAQ:TLMR) traded down 0.36% on Friday, hitting $13.95. The stock had a trading volume of 419,031 shares. Talmer Bancorp has a 52-week low of $13.28 and a 52-week high of $14.10. The stock’s 50-day moving average is $13. and its 200-day moving average is $13.. The company has a market cap of $924.0 million and a P/E ratio of 9.73.
Talmer Bancorp, Inc is a bank holding company. The Company owns three subsidiary banks, Talmer Bank and Trust and Talmer West Bank, which are Michigan state chartered banks, and First Place Bank, which is a federal savings association.
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