The DIRECTOR OF FINANCE of First Merchants Corp (NASDAQ: FRME) is Selling Shares

Today, the DIRECTOR OF FINANCE of First Merchants Corp (NASDAQ: FRME), Michele Kawiecki, sold shares of FRME for $26.65K.

In addition to Michele Kawiecki, 4 other FRME executives reported Sell trades in the last month.

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Based on First Merchants Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $113 million and quarterly net profit of $36.68 million. In comparison, last year the company earned revenue of $83.08 million and had a net profit of $23.19 million. FRME’s market cap is $2.2B and the company has a P/E ratio of 19.40. Currently, First Merchants Corp has an average volume of 714.

In the last 30 days, insiders have sold $224.2K worth of FRME shares and purchased $23.73K worth of FRME shares. The insider sentiment on First Merchants Corp has been negative according to 101 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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First Merchants Corp. (Indiana) is a holding company, which engages in the provision of financial services. Its services include accepting time deposits; savings and demand deposits; making consumer, commercial, agri-business, and real estate mortgage loans; renting safe deposits facilities; personal and corporate trust services; full-service brokerage; and other corporate services, letters of credit, and repurchase agreements. The company was founded in September 1982 and is headquartered in Muncie, IN.