Insider Buying: Thomas C. Shafer Purchases 19,300 Shares of Talmer Bancorp Stock (TLMR)
Talmer Bancorp (NASDAQ:TLMR) Chairman Thomas C. Shafer bought 19,300 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were purchased at an average price of $13.00 per share, for a total transaction of $250,900.00. Following the transaction, the chairman now directly owns 50,550 shares of the company’s stock, valued at approximately $657,150. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Talmer Bancorp (NASDAQ:TLMR) traded down 0.36% during mid-day trading 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 has a 50-day moving average of $13. and a 200-day moving average of $13.. The company has a market cap of $924.0 million and a price-to-earnings 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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