Farmers & Merchants Bancorp Director Purchases $24,790 in Stock (FMAO)
Farmers & Merchants Bancorp (NASDAQ:FMAO) Director Steven Wyse bought 1,000 shares of Farmers & Merchants Bancorp stock on the open market in a transaction dated Friday, June 20th. The stock was purchased at an average price of $24.79 per share, with a total value of $24,790.00. Following the completion of the acquisition, the director now directly owns 121,164 shares in the company, valued at approximately $3,003,656. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Farmers & Merchants Bancorp (NASDAQ:FMAO) traded up 0.44% during mid-day trading on Monday, hitting $24.90. The stock had a trading volume of 1,217 shares. Farmers & Merchants Bancorp has a 52 week low of $19.90 and a 52 week high of $26.00. The stock’s 50-day moving average is $24.34 and its 200-day moving average is $23.65. The company has a market cap of $114.6 million and a P/E ratio of 13.12.
The company also recently announced a quarterly dividend, which is scheduled for Sunday, July 20th. Stockholders of record on Tuesday, July 1st will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 3.39%.
Farmers & Merchants Bancorp, Inc is a bank holding company. The Company is engaged in the general commercial banking business.
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