TAL International Group, Inc. (NYSE:TAL), saw and insider lower their position in the corporation by 1,500 shares. VP, General Counsel and Secretary Marc Pearlin disposed of 1,500 shares at an average price of $44.98 per share. After this transaction, Pearlin now holds 29,526 shares directly.
TAL International Group, Inc. (NYSE:TAL) is a $1.55 billion market cap company is a lessor of intermodal containers and chassis. The Company has two segments: Equipment leasing, in which the Company owns, leases and disposes containers and chassis from its lease fleet; and Equipment trading, in which the Company purchases containers from shipping line customers, and other sellers of containers, and resells these containers to container traders and users of containers for storage or one-way shipment.
The main Hedge fund involved in the company is Allistair Capital, the fund managed by Casey Nelson. The fund rose it’s involvement by 36% last quarter, and now holds 946,000 shares worth approximately $40.5 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.