Talmer Bancorp Inc (NASDAQ:TLMR), watched as a high level insider executed a transaction that began earlier in the week and was officially filed today, August 28th, resulting in the lowering of their holdings with the company. Vice Chairman Gary S. Collins sold 25,000 shares of common stock at average prices ranging from $14.34 to $14.35 per share. Following this move by Collins, he now holds a total of 37,504 shares indirectly in the corporation.
Moreover, a $1.01 billion market cap company,Talmer Bancorp Inc (NASDAQ:TLMR) is a bank holding company. In addition, its product line includes loans to small and medium-sized businesses, residential mortgage loans, commercial real estate loans, residential and commercial construction and development loans, farmland and agricultural production loans, home equity loans, consumer loans and a variety of commercial and consumer demand, savings and time deposit products.
Finally, as its a holding company, there are no major hedge funds involved with Talmer Bancorp Inc at this time.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.