FRME Insider Trading

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Insider Trading History
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About

Insider Ownership Percentage: 1.40%

Insider Buying (Last 12 Months): $1,233.08

Insider Selling (Last 12 Months): $1,095,114.40

First Merchants Insider Trading History Chart

First Merchants Share Price & Price History

^$39.52

▲ +0.6 (1.54%)

As of 03/12/2025 05:00 PM ET

Days: 30 | 90 | 365

First Merchants Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/30/2024	Howard Halderman	Director	Buy	4	$41.24	$164.96	25,131
12/16/2024	Michael J Stewart	President	Sell	7,248	$43.73	$316,955.04	92,664
5/30/2024	Patrick J. Fehring	Director	Sell	23,936	$32.51	$778,159.36	122,706
3/29/2024	Michael J Stewart	President	Buy	36	$29.67	$1,068.12	88,952
2/28/2024	Stephan Fluhler	Insider	Sell	3,193	$33.17	$105,911.81	24,070
12/19/2023	Michael C Rechin	Director	Sell	10,000	$37.05	$370,500.00	85,834
7/28/2023	Jason R Sondhi	Director	Buy	458	$32.16	$14,729.28	458
3/3/2023	Gary Lehman	Director	Sell	1,465	$40.09	$58,731.85	45,010
10/31/2022	Stephan Fluhler	Insider	Sell	3,174	$44.29	$140,576.46	22,576
10/28/2022	Charles E Schalliol	Director	Sell	24,523	$44.25	$1,085,142.75	32,020
5/20/2022	Patrick J. Fehring	Director	Sell	10,400	$38.40	$399,360.00	138,988
5/18/2022	Patrick J. Fehring	Director	Sell	1,400	$39.43	$55,202.00	149,988
5/2/2022	Patrick A. Sherman	Director	Buy	12	$40.19	$482.28	51,125
4/1/2022	Patrick A. Sherman	Director	Buy	12	$41.97	$503.64	51,113

See Full Table

SEC Filings (Institutional Ownership Changes) for First Merchants (NASDAQ:FRME)

73.92% of First Merchants stock is owned by institutions. Institutional ownership can be a sign of analyst confidence in the fundamentals of the stock.

Institutional Buying and Selling by Quarter

First Merchants Institutional Trading History

Reporting Date	Hedge Fund	Shares Held	Market Value	% of Portfolio	Quarterly Change in Shares	Ownership in Company
3/5/2025	Phocas Financial Corp.	281,626	$11.23M	1.5%	+17.2%	0.481%
2/17/2025	UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	124,573	$4.97M	0.0%	+21.2%	0.212%
2/17/2025	Voloridge Investment Management LLC	23,771	$0.95M	0.0%	+6.5%	0.041%
2/17/2025	Waverly Advisors LLC	6,518	$0.26M	0.0%	N/A	0.011%
2/17/2025	Squarepoint Ops LLC	16,774	$0.67M	0.0%	N/A	0.029%
2/17/2025	Two Sigma Advisers LP	10,374	$0.41M	0.0%	-52.8%	0.018%
2/17/2025	Two Sigma Investments LP	12,153	$0.49M	0.0%	-68.4%	0.021%
2/17/2025	Systematic Financial Management LP	749,055	$29.88M	0.8%	+9.7%	1.277%
2/17/2025	Rafferty Asset Management LLC	47,807	$1.91M	0.0%	-6.1%	0.081%
2/17/2025	Point72 Asia Singapore Pte. Ltd.	3,103	$0.12M	0.0%	-48.9%	0.005%
2/17/2025	ProShare Advisors LLC	195,004	$7.78M	0.0%	-3.6%	0.332%
2/17/2025	Quantedge Capital Pte Ltd	7,800	$0.31M	0.1%	N/A	0.013%
2/17/2025	Nuveen Asset Management LLC	626,508	$24.99M	0.0%	+7.4%	1.068%
2/17/2025	Millennium Management LLC	29,146	$1.16M	0.0%	-90.8%	0.050%
2/17/2025	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	33,186	$1.32M	0.0%	+4.0%	0.057%
2/17/2025	Graham Capital Management L.P.	9,686	$0.39M	0.0%	N/A	0.017%
2/17/2025	Deutsche Bank AG	48,296	$1.93M	0.0%	+52.0%	0.082%
2/17/2025	Cubist Systematic Strategies LLC	17,812	$0.71M	0.0%	-59.1%	0.030%
2/17/2025	Cetera Investment Advisers	7,645	$0.31M	0.0%	-10.9%	0.013%
2/17/2025	Bridgeway Capital Management LLC	395,964	$15.80M	0.4%	-1.1%	0.675%
2/17/2025	Captrust Financial Advisors	21,083	$0.84M	0.0%	+4.3%	0.036%
2/17/2025	Citadel Advisors LLC	41,781	$1.67M	0.0%	+43.2%	0.071%
2/17/2025	Cary Street Partners Financial LLC	6,858	$0.27M	0.0%	N/A	0.012%
2/17/2025	Bank of America Corp DE	120,622	$4.81M	0.0%	+18.8%	0.206%
2/17/2025	BNP Paribas Financial Markets	7,323	$0.29M	0.0%	-56.3%	0.012%
2/17/2025	Ameriprise Financial Inc.	64,540	$2.57M	0.0%	-8.7%	0.110%
2/14/2025	Jane Street Group LLC	10,355	$0.41M	0.0%	-87.6%	0.018%
2/14/2025	Rehmann Capital Advisory Group	11,434	$0.46M	0.0%	-2.3%	0.019%
2/14/2025	Comerica Bank	7,529	$0.30M	0.0%	-3.2%	0.013%
2/14/2025	Northern Trust Corp	601,807	$24.01M	0.0%	-6.1%	1.026%
2/14/2025	The Manufacturers Life Insurance Company	468,161	$18.68M	0.0%	-1.3%	0.798%
2/14/2025	Tudor Investment Corp ET AL	13,509	$0.54M	0.0%	N/A	0.023%
2/14/2025	Public Employees Retirement Association of Colorado	546,322	$21.79M	0.1%	-21.3%	0.931%
2/14/2025	Earnest Partners LLC	2,608,646	$104.06M	0.5%	-0.2%	4.446%
2/14/2025	Oberweis Asset Management Inc.	145,600	$5.81M	0.3%	+14.5%	0.248%
2/14/2025	Voya Investment Management LLC	17,594	$0.70M	0.0%	-9.3%	0.030%
2/14/2025	Price T Rowe Associates Inc. MD	58,032	$2.32M	0.0%	+6.9%	0.099%
2/14/2025	Dark Forest Capital Management LP	36,436	$1.45M	0.2%	N/A	0.062%
2/14/2025	Susquehanna International Group LLP	79,253	$3.16M	0.0%	-6.1%	0.135%
2/14/2025	Hsbc Holdings PLC	8,445	$0.34M	0.0%	+14.4%	0.014%
2/14/2025	Stifel Financial Corp	45,323	$1.81M	0.0%	+4.7%	0.077%
2/14/2025	Tower Research Capital LLC TRC	905	$36K	0.0%	-56.3%	0.002%
2/14/2025	MetLife Investment Management LLC	35,501	$1.42M	0.0%	+7.5%	0.061%
2/14/2025	Mesirow Institutional Investment Management Inc.	477,013	$19.03M	1.5%	+70.8%	0.813%
2/14/2025	Dimensional Fund Advisors LP	3,516,562	$140.28M	0.0%	-0.9%	5.994%
2/14/2025	First Trust Advisors LP	689,556	$27.51M	0.0%	+18.8%	1.175%
2/14/2025	Capital International Investors	595,112	$23.74M	0.0%	N/A	1.014%
2/13/2025	CANADA LIFE ASSURANCE Co	6,944	$0.28M	0.0%	-25.9%	0.012%
2/13/2025	Ceredex Value Advisors LLC	228,300	$9.11M	0.2%	N/A	0.389%
2/13/2025	Guggenheim Capital LLC	28,735	$1.15M	0.0%	-87.2%	0.049%
2/13/2025	Mariner LLC	58,720	$2.34M	0.0%	-0.5%	0.100%
2/13/2025	Barclays PLC	121,969	$4.87M	0.0%	+8.6%	0.208%
2/13/2025	Summit Investment Advisors Inc.	6,101	$0.24M	0.2%	+6.8%	0.010%
2/13/2025	Sterling Capital Management LLC	1,838	$73K	0.0%	+809.9%	0.003%
2/13/2025	Raymond James Financial Inc.	476,657	$19.01M	0.0%	N/A	0.812%
2/13/2025	Renaissance Technologies LLC	30,720	$1.23M	0.0%	N/A	0.052%
2/13/2025	Invesco Ltd.	146,993	$5.86M	0.0%	-2.1%	0.251%
2/13/2025	Federated Hermes Inc.	929	$37K	0.0%	N/A	0.002%
2/13/2025	Russell Investments Group Ltd.	31,519	$1.26M	0.0%	-17.4%	0.054%
2/13/2025	Envestnet Asset Management Inc.	177,640	$7.09M	0.0%	+3.0%	0.303%
2/13/2025	Wells Fargo & Company MN	199,296	$7.95M	0.0%	+3.3%	0.340%
2/12/2025	OneAscent Financial Services LLC	123,286	$4.92M	0.4%	+0.2%	0.210%
2/12/2025	Trexquant Investment LP	41,614	$1.66M	0.0%	N/A	0.071%
2/12/2025	Geode Capital Management LLC	1,392,259	$55.55M	0.0%	-0.6%	2.373%
2/12/2025	Franklin Resources Inc.	9,871	$0.39M	0.0%	-4.0%	0.017%
2/12/2025	Alliancebernstein L.P.	68,157	$2.72M	0.0%	+5.6%	0.116%
2/12/2025	Brandywine Global Investment Management LLC	43,270	$1.73M	0.0%	-4.6%	0.074%
2/12/2025	Schroder Investment Management Group	285,563	$11.43M	0.0%	-19.5%	0.487%
2/12/2025	Norges Bank	181,764	$7.25M	0.0%	N/A	0.310%
2/12/2025	JPMorgan Chase & Co.	745,439	$29.74M	0.0%	+7.1%	1.271%
2/11/2025	Prudential Financial Inc.	31,757	$1.38M	0.0%	-31.2%	0.054%
2/11/2025	Corebridge Financial Inc.	28,995	$1.16M	0.0%	-7.0%	0.049%
2/11/2025	Advantage Alpha Capital Partners LP	14,936	$0.60M	0.1%	+12.6%	0.025%
2/11/2025	Vanguard Group Inc.	6,336,937	$252.78M	0.0%	+2.2%	10.801%
2/11/2025	LPL Financial LLC	13,262	$0.53M	0.0%	+3.7%	0.023%
2/11/2025	KLP Kapitalforvaltning AS	12,500	$0.50M	0.0%	N/A	0.021%
2/11/2025	Sei Investments Co.	252,731	$10.08M	0.0%	-3.5%	0.431%
2/11/2025	American Century Companies Inc.	1,389,058	$55.41M	0.0%	-4.9%	2.368%
2/11/2025	Sciencast Management LP	5,083	$0.20M	0.1%	N/A	0.009%
2/11/2025	Summit Global Investments	20,332	$0.81M	0.1%	N/A	0.035%
2/11/2025	Teacher Retirement System of Texas	46,589	$1.86M	0.0%	+16.4%	0.079%
2/11/2025	Intech Investment Management LLC	30,338	$1.21M	0.0%	+185.3%	0.052%
2/10/2025	Thrivent Financial for Lutherans	48,477	$2M	0.0%	+18.7%	0.083%
2/10/2025	Kennondale Capital Management LLC	13,495	$0.54M	0.4%	N/A	0.023%
2/10/2025	William Blair Investment Management LLC	820,649	$32.74M	0.1%	+2.5%	1.399%
2/10/2025	Cibc World Markets Corp	5,457	$0.22M	0.0%	N/A	0.009%
2/10/2025	Harbour Investments Inc.	5,813	$0.23M	0.0%	N/A	0.010%
2/10/2025	Corient Private Wealth LLC	78,598	$3.14M	0.0%	+623.5%	0.134%
2/10/2025	Natixis Advisors LLC	14,277	$0.57M	0.0%	+42.2%	0.024%
2/10/2025	Commonwealth Equity Services LLC	32,440	$1.29M	0.0%	-2.8%	0.055%
2/10/2025	Swiss National Bank	115,062	$4.59M	0.0%	+0.5%	0.196%
2/10/2025	Great Lakes Advisors LLC	133,604	$5.33M	0.0%	-3.7%	0.228%
2/7/2025	HighTower Advisors LLC	7,141	$0.29M	0.0%	+3.9%	0.012%
2/7/2025	Johnson Investment Counsel Inc.	6,811	$0.27M	0.0%	-17.4%	0.012%
2/7/2025	AlphaQuest LLC	22,705	$0.91M	0.1%	-35.8%	0.039%
2/7/2025	PNC Financial Services Group Inc.	23,565	$0.94M	0.0%	-5.2%	0.040%
2/7/2025	Edgestream Partners L.P.	40,126	$1.60M	0.1%	N/A	0.068%
2/6/2025	Raymond James Financial Inc.	476,657	$19.01M	0.0%	N/A	0.812%
2/6/2025	Proficio Capital Partners LLC	11,789	$0.47M	0.0%	N/A	0.020%
2/6/2025	Victory Capital Management Inc.	958,612	$38.24M	0.0%	-4.4%	1.634%

Data available starting January 2016

See Full Table

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Today's Range

Now: $39.52

$38.93

$39.85

50 Day Range

MA: $41.90

$37.99

$45.25

52 Week Range

Now: $39.52

$30.55

$46.13

Volume

219,566 shs

Average Volume

240,389 shs

Market Capitalization

$2.31 billion

P/E Ratio

11.56

Dividend Yield

3.39%

Beta

1.05

Who are the company insiders with the largest holdings of First Merchants?: First Merchants' top insider shareholders include:
Patrick J Fehring (Director)
Michael J Stewart (President)
Michael C Rechin (Director)
Howard Halderman (Director)
Stephan Fluhler (Insider)
Jason R Sondhi (Director)
Learn More about top insider investors at First Merchants.
Who are the major institutional investors of First Merchants?: First Merchants' top institutional investors include:
PL Capital Advisors LLC — 46.66%
Vanguard Group Inc. — 10.80%
Dimensional Fund Advisors LP — 5.99%
Earnest Partners LLC — 4.45%
Geode Capital Management LLC — 2.37%
American Century Companies Inc. — 2.37%
Learn More about top institutional investors of First Merchants stock.
Which major investors are selling First Merchants stock?: In the last quarter, FRME stock was sold by these institutional investors:
Millennium Management LLC
Phocas Financial Corp.
Guggenheim Capital LLC
Public Employees Retirement Association of Colorado
Principal Financial Group Inc.
Jane Street Group LLC
American Century Companies Inc.
Schroder Investment Management Group
During the previous year, company insiders that have sold First Merchants company stock include:
Patrick J Fehring (Director)
Michael J Stewart (President)
Learn More investors selling First Merchants stock.
Which major investors are buying First Merchants stock?: In the previous quarter, FRME stock was bought by institutional investors including:
PL Capital Advisors LLC
Capital International Investors
Raymond James Financial Inc.
Raymond James Financial Inc.
Bank of New York Mellon Corp
Ceredex Value Advisors LLC
Mesirow Institutional Investment Management Inc.
Norges Bank
In the previous year, these company insiders have bought First Merchants stock:
Patrick J Fehring (Director)
Michael J Stewart (President)
Michael C Rechin (Director)
Learn More investors buying First Merchants stock.