Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) Director K. Brad Stamm sold 625 shares of the stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $81.00, for a total transaction of $50,625.00. Following the transaction, the director now owns 80,468 shares in the company, valued at $6,517,908. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) traded up 1.86% during midday trading on Thursday, reaching $82.05. 37,531 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $60.48 and its 200 day moving average price is $52.01. Farmers & Merchants Bancorp Inc. has a 1-year low of $29.51 and a 1-year high of $83.43. The stock has a market capitalization of $375.54 million, a P/E ratio of 30.88 and a beta of 0.04. Farmers & Merchants Bancorp’s stock is set to split before the market opens on Thursday, September 21st. The 2-1 split was announced on Friday, August 18th. The newly issued shares will be issued to shareholders after the market closes on Wednesday, September 20th.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last announced its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.70 EPS for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.06. Farmers & Merchants Bancorp had a net margin of 24.37% and a return on equity of 9.60%. The company had revenue of $11.64 million for the quarter, compared to the consensus estimate of $11.49 million. On average, equities analysts predict that Farmers & Merchants Bancorp Inc. will post $2.70 earnings per share for the current fiscal year.

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Several large investors have recently made changes to their positions in the business. Nationwide Fund Advisors purchased a new stake in shares of Farmers & Merchants Bancorp in the 2nd quarter valued at approximately $139,000. Advisor Group Inc. purchased a new stake in shares of Farmers & Merchants Bancorp in the 2nd quarter valued at approximately $206,000. Rhumbline Advisers purchased a new stake in shares of Farmers & Merchants Bancorp in the 2nd quarter valued at approximately $296,000. New York State Common Retirement Fund purchased a new stake in shares of Farmers & Merchants Bancorp in the 2nd quarter valued at approximately $298,000. Finally, Vanguard Group Inc. purchased a new stake in shares of Farmers & Merchants Bancorp in the 2nd quarter valued at approximately $432,000. 7.77% of the stock is currently owned by institutional investors.

Several brokerages have weighed in on FMAO. Zacks Investment Research upgraded shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a research note on Thursday. ValuEngine upgraded shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc is a bank holding company. The Company’s primary subsidiary, The Farmers & Merchants State Bank (the Bank), is a community bank operating in Northwest Ohio and Northeast Indiana. The Company’s other subsidiary, Farmers & Merchants Risk Management (Captive), is a captive insurance company.

Insider Buying and Selling by Quarter for Farmers & Merchants Bancorp (NASDAQ:FMAO)

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