Farmers & Merchants Bancorp Director Purchases $41,760 in Stock (FMAO)
Farmers & Merchants Bancorp (NASDAQ:FMAO) Director Anthony Rupp purchased 2,000 shares of the stock on the open market in a transaction that occurred on Monday, November 4th. The shares were purchased at an average cost of $20.88 per share, for a total transaction of $41,760.00. Following the completion of the acquisition, the director now directly owns 14,878 shares in the company, valued at approximately $310,653. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Farmers & Merchants Bancorp (NASDAQ:FMAO) traded up 2.35% on Monday, hitting $21.75. 7,555 shares of the company’s stock traded hands. Farmers & Merchants Bancorp has a 52-week low of $19.70 and a 52-week high of $22.50. The stock has a 50-day moving average of $21.28 and a 200-day moving average of $21.52. The company has a market cap of $113.1 million and a P/E ratio of 10.76.
Farmers & Merchants Bancorp, Inc is a bank holding company. The Company is engaged in the general commercial banking business.
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