Shares of Talmer Bancorp Inc. (NASDAQ:TLMR) saw unusually-high trading volume on Monday . Approximately 435,800 shares traded hands during mid-day trading, a decline of 6% from the previous session’s volume of 461,359 shares.The stock last traded at $23.46 and had previously closed at $23.42.

TLMR has been the topic of a number of recent analyst reports. Zacks Investment Research cut Talmer Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, June 29th. Keefe, Bruyette & Woods lifted their price target on Talmer Bancorp from $22.00 to $23.00 and gave the company an “outperform” rating in a research note on Thursday, July 28th.

The company’s 50 day moving average price is $21.40 and its 200 day moving average price is $19.32. The stock has a market cap of $1.59 billion and a PE ratio of 22.88.

In other news, insider Gregory R. Bixby sold 4,630 shares of the company’s stock in a transaction on Tuesday, August 23rd. The stock was sold at an average price of $23.27, for a total transaction of $107,740.10. Following the transaction, the insider now owns 24,000 shares of the company’s stock, valued at approximately $558,480. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider James T. Dunn sold 39,412 shares of the company’s stock in a transaction on Tuesday, May 31st. The shares were sold at an average price of $19.90, for a total value of $784,298.80. Following the transaction, the insider now directly owns 43,147 shares in the company, valued at approximately $858,625.30. The disclosure for this sale can be found here.

Talmer Bancorp, Inc is the bank holding company for Talmer Bank and Trust (the Bank). The Company operates in the banking segment. The Bank is a full service community bank offering a suite of commercial and retail banking, mortgage banking, wealth management and trust services to small and medium-sized businesses and individuals within its geographic footprint.

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