Today, the CIO of First Merchants Corp (FRME), Stephan Fluhler, bought shares of FRME for $150.9K.
Following this transaction Stephan Fluhler’s holding in the company was increased by 28.68% to a total of $671.4K. In addition to Stephan Fluhler, 4 other FRME executives reported Buy trades in the last month.
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Based on First Merchants Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $134 million and quarterly net profit of $41.06 million. In comparison, last year the company earned revenue of $119 million and had a net profit of $39.63 million. The company has a one-year high of $49.23 and a one-year low of $32.49. FRME’s market cap is $2.17B and the company has a P/E ratio of 11.74.
In the last 30 days, insiders have sold $277.3K worth of FRME shares and purchased $169.2K worth of FRME shares. The insider sentiment on First Merchants Corp has been neutral according to 81 insider trades in the past three months. This sentiment is slightly 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. It operates through the following segments: Commercial, Commercial Real Estate, Consumer, Residential, and Finance Leases.
