First Merchants Corporation (FRME)
NASDAQ
Market Cap
$1.87B
Sector
Financial Services
Industry
Banks—Regional
Rank in Sector
219 of 541
Rank in Industry
122 of 277
Largest Insider Buys in Sector
FRME Stock Price History Chart
FRME Stock Performance
About First Merchants Corporation
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Insider Activity of First Merchants Corporation
Over the last 12 months, insiders at First Merchants Corporation have bought $66,001 and sold $1.58M worth of First Merchants Corporation stock.
On average, over the past 5 years, insiders at First Merchants Corporation have bought $200,786 and sold $1.11M worth of stock each year.
Highest buying activity among insiders over the last 12 months: FISHER MICHAEL J (director) — $50,204. Sondhi Jason R (director) — $14,728. Stewart Michael J (President) — $1,068.
The last purchase of 36 shares for transaction amount of $1,068 was made by Stewart Michael J (President) on 2024‑03‑29.
List of Insider Buy and Sell Transactions, First Merchants Corporation
| 2024-05-30 | Sale | Fehring Patrick J. | director | 23,936 0.0409% | $32.51 | $778,159 | -2.40% | |
| 2024-03-29 | Stewart Michael J | President | 36 <0.0001% | $29.67 | $1,068 | -0.73% | ||
| 2024-02-28 | Sale | FLUHLER STEPHAN | Chief Information Officer | 3,193 0.0054% | $33.17 | $105,912 | +1.48% | |
| 2024-02-13 | Sale | Fehring Patrick J. | director | 9,904 0.0159% | $33.08 | $327,624 | +2.53% | |
| 2023-12-19 | Sale | RECHIN MICHAEL C | director | 10,000 0.0166% | $37.05 | $370,500 | -8.68% | |
| 2023-12-18 | FISHER MICHAEL J | director | 1,380 0.0023% | $36.38 | $50,204 | -6.97% | ||
| 2023-07-28 | Sondhi Jason R | director | 458 0.0008% | $32.16 | $14,728 | +3.63% | ||
| 2023-05-12 | KELLOGG CLARK C | director | 1,000 0.0017% | $24.72 | $24,720 | +29.13% | ||
| 2023-03-03 | Sale | Lehman Gary | director | 1,465 0.0024% | $40.09 | $58,732 | -24.81% | |
| 2022-10-31 | Sale | FLUHLER STEPHAN | Chief Information Officer | 3,174 0.0058% | $44.29 | $140,576 | -28.31% | |
| 2022-10-28 | Sale | Schalliol Charles E | director | 24,523.03 0.0455% | $44.25 | $1.09M | -27.34% | |
| 2022-05-18 | Sale | Fehring Patrick J. | 1,400 0.0024% | $39.43 | $55,202 | +4.75% | ||
| 2022-05-02 | Sherman Patrick A | 12.44 <0.0001% | $40.19 | $500 | +4.51% | |||
| 2022-03-31 | Sherman Patrick A | 11.91 <0.0001% | $41.97 | $500 | -1.19% | |||
| 2022-03-01 | Sherman Patrick A | 11.6 <0.0001% | $43.10 | $500 | -1.51% | |||
| 2022-02-01 | Sherman Patrick A | director | 11.7 <0.0001% | $42.73 | $500 | -1.86% | ||
| 2022-01-03 | Sherman Patrick A | director | 11.92 <0.0001% | $41.94 | $500 | -1.49% | ||
| 2021-12-09 | Sale | FLUHLER STEPHAN | Chief Information Officer | 3,155 0.0059% | $40.34 | $127,273 | +4.11% | |
| 2021-12-01 | Sherman Patrick A | director | 12.3 <0.0001% | $40.65 | $500 | +6.54% | ||
| 2021-11-01 | Sherman Patrick A | director | 11.89 <0.0001% | $42.07 | $500 | -2.81% |
Insider Historical Profitability
9.58%
| Fehring Patrick J. | 122706 0.2506% | $31.92 | 0 | 3 | ||
| RECHIN MICHAEL C | director | 85834 0.1434% | $31.92 | 5 | 7 | +18.9% |
| FLUHLER STEPHAN | Chief Information Officer | 24108 0.0377% | $31.92 | 0 | 7 | |
| FISHER MICHAEL J | director | 12165 0.0203% | $31.92 | 1 | 0 | |
| Sondhi Jason R | director | 458 0.0008% | $31.92 | 1 | 0 | |
| Stewart Michael J | Chief Banking Officer | 88952 0% | $31.92 | 14 | 8 | +6.43% |
| HUDSON BARRY J | director | 385548 0.6442% | $31.92 | 0 | 1 | |
| JOHNSON NORMAN M | director | 317274 0.5301% | $31.92 | 0 | 3 | |
| HARDWICK MARK K | Chief Executive Officer | 71712 0.1198% | $31.92 | 14 | 8 | +8.18% |
| BIEBERICH DENNIS A | director | 53006 0.0886% | $31.92 | 0 | 1 | |
| WALKER TERRY L | director | 51961 0.0868% | $31.92 | 35 | 2 | +17.83% |
| Sherman Patrick A | 51125 0.0854% | $31.92 | 131 | 0 | +10.4% | |
| CHAFFIN H DOUGLAS | director | 46755 0.0781% | $31.92 | 0 | 1 | |
| Lehman Gary | director | 45010 0.0752% | $31.92 | 103 | 2 | +9.99% |
| ENGLE JERRY R | director | 43467 0.0726% | $31.92 | 1 | 0 | +37.92% |
| Schalliol Charles E | director | 32020 0.0535% | $31.92 | 12 | 3 | <0.0001% |
| HOY WILLIAM L | director | 29410 0.0491% | $31.92 | 0 | 3 | |
| MARTIN JOHN | Chief Credit Officer | 27455 0.0459% | $31.92 | 0 | 4 | |
| Marhenke Michael C | director | 27023 0.0452% | $31.92 | 4 | 3 | <0.0001% |
| BRADSHAW JAMI L | 17650 0.0295% | $31.92 | 2 | 2 | <0.0001% | |
| ELLINGTON KIMBERLY J | Director Human Resources | 14632 0.0244% | $31.92 | 1 | 5 | <0.0001% |
| Becher Michael R | director | 14195 0.0237% | $31.92 | 6 | 1 | +8.85% |
| LORENTSON JEFFREY B | Chief Risk Officer | 12927 0.0216% | $31.92 | 13 | 2 | +9.75% |
| CLARK THOMAS B | director | 9456 0.0158% | $31.92 | 4 | 1 | <0.0001% |
| MCAULIFFE THOMAS | director | 9270 0.0155% | $31.92 | 0 | 29 | |
| AULT JAMES F | director | 8787 0.0147% | $31.92 | 1 | 0 | <0.0001% |
| ENGLISH RODERICK | director | 8306 0.0139% | $31.92 | 0 | 5 | |
| BOEHNING RICHARD A | director | 5586 0.0093% | $31.92 | 6 | 1 | +3.72% |
| Kawiecki Michele | DIRECTOR OF FINANCE | 4476 0.0075% | $31.92 | 0 | 1 | |
| WORTHEN JOHN E | director | 3540 0.0059% | $31.92 | 1 | 1 | +2.28% |
| KELLOGG CLARK C | director | 1000 0.0017% | $31.92 | 2 | 0 | +29.07% |
| CONNORS ROBERT R | Chief Information Officer | 73 0.0001% | $31.92 | 3 | 1 | <0.0001% |
Institutional Investor Ownership
Top Shareholders
Top Buyers
Top Sellers
New Shareholders
Sold-Out Shareholders
| The Vanguard Group | $227.91M | 11.15 | 6.53M | -0.63% | -$1.44M | <0.01 | |
| BlackRock | $171.86M | 8.4 | 4.92M | -4.88% | -$8.81M | <0.01 | |
| Dimensional Fund Advisors | $114.99M | 5.62 | 3.29M | +7.17% | +$7.69M | 0.03 | |
| EARNEST Partners | $91.38M | 4.47 | 2.62M | -2.11% | -$1.97M | 0.42 | |
| State Street | $64.92M | 3.18 | 1.86M | +5.81% | +$3.56M | <0.01 | |
| American Century Investments | $51.16M | 2.5 | 1.47M | +18.35% | +$7.93M | 0.03 | |
| Geode Capital Management | $47.42M | 2.32 | 1.36M | +2.41% | +$1.12M | <0.01 | |
| Cardinal Capital Management Llc Ct | $46.93M | 2.3 | 1.34M | -14.04% | -$7.66M | 2.39 | |
| Victory Capital Management Inc | $36.97M | 1.81 | 1.06M | +8.25% | +$2.82M | 0.04 | |
| Boston Partners | $28.8M | 1.41 | 828,212 | -3.76% | -$1.13M | 0.03 | |
| William Blair Investment Management | $28.86M | 1.41 | 826,919 | +0.07% | +$18,671.50 | 0.08 | |
| Goldman Sachs | $27.24M | 1.33 | 780,449 | -8.51% | -$2.53M | 0.01 | |
| JPMorgan Chase | $26.78M | 1.31 | 767,270 | +3.72% | +$960,133.86 | <0.01 | |
| Nuveen | $25.53M | 1.25 | 731,569 | -1.76% | -$458,071.56 | 0.01 | |
| Charles Schwab | $24.48M | 1.2 | 701,337 | +4.72% | +$1.1M | 0.01 | |
| Colorado PERA | $24.32M | 1.19 | 696,924 | -0.54% | -$132,168.21 | 0.11 | |
| PL Capital | $23.95M | 1.17 | 686,333 | -2.56% | -$628,200.01 | 9.19 | |
| Northern Trust | $23.47M | 1.15 | 672,610 | -5.05% | -$1.25M | <0.01 | |
| Systematic Financial Management LLC | $20.73M | 1.01 | 593,937 | -1.29% | -$270,091.43 | 0.59 | |
| The Manufacturers Life Insurance Company | $18.12M | 0.89 | 519,128 | -29.19% | -$7.47M | 0.02 | |
| Fisher Asset Management Llc | $16.58M | 0.81 | 475,210 | -0.59% | -$99,255.59 | 0.01 | |
| BNY Mellon | $16.27M | 0.8 | 466,323 | -38.72% | -$10.28M | <0.01 | |
| Bridgeway Capital Management | $13.1M | 0.64 | 375,462 | +34.09% | +$3.33M | 0.24 | |
| Guggenheim Capital | $12.51M | 0.61 | 358,460 | -1.02% | -$129,164.90 | 0.08 | |
| Schroder Investment Management Group | $11.29M | 0.55 | 323,542 | -2.35% | -$271,277.71 | 0.01 | |
| Morgan Stanley | $10.33M | 0.51 | 295,945 | -20.05% | -$2.59M | <0.01 | |
| First Trust | $9.83M | 0.48 | 281,630 | -14.38% | -$1.65M | 0.01 | |
| Phocas Financial Corp | $9.89M | 0.46 | 266,711 | 0% | +$0 | 1.05 | |
| ProShares | $8.28M | 0.41 | 237,334 | -1.34% | -$112,866.60 | 0.02 | |
| HERITAGE ASSET MANAGEMENT INC | $7.61M | 0.38 | 222,895 | -8.13% | -$673,274.91 | 0.04 | |
| SEI Investments Company | $7.1M | 0.35 | 203,450 | -29.8% | -$3.01M | 0.01 | |
| Wells Fargo | $6.77M | 0.33 | 194,028 | +0.03% | +$1,919.50 | <0.01 | |
| Empowered Funds Llc | $6.45M | 0.32 | 184,862 | +40.69% | +$1.87M | 0.12 | |
| Envestnet Asset Management Inc | $6.09M | 0.3 | 174,480 | -4.4% | -$280,038.01 | <0.01 | |
| Ohio Strs | $5.87M | 0.29 | 168,252 | +3.44% | +$195,406.89 | 0.02 | |
| Macquarie Group | $5.84M | 0.29 | 167,290 | -3.02% | -$181,780.99 | 0.01 | |
| Denali Advisors | $5.11M | 0.25 | 146,377 | +37.06% | +$1.38M | 1.51 | |
| Great Lakes Advisors® | $4.81M | 0.24 | 137,935 | -1.2% | -$58,283.01 | 0.04 | |
| AQR Capital | $4.78M | 0.23 | 137,022 | -18.41% | -$1.08M | 0.01 | |
| Invesco | $4.79M | 0.23 | 137,343 | +24.8% | +$952,421.06 | <0.01 | |
| Oneascent Financial Services Llc | $4.49M | 0.22 | 128,602 | -0.03% | -$1,291.24 | 0.74 | |
| Oberweis Asset Management Inc | $4.31M | 0.21 | 123,400 | +55.81% | +$1.54M | 0.31 | |
| Swiss National Bank | $4.11M | 0.2 | 117,662 | 0% | +$0 | <0.01 | |
| RhumbLine Advisers | $3.86M | 0.19 | 110,651 | -1.37% | -$53,466.64 | <0.01 | |
| New York State Common Retirement Fund | $3.81M | 0.19 | 109,135 | +12.1% | +$411,072.54 | 0.01 | |
| First Merchants Corporation | $3.64M | 0.18 | 104,401 | -7.15% | -$280,444.75 | 0.27 | |
| Bank of America | $3.65M | 0.18 | 104,497 | -17.36% | -$766,121.59 | <0.0001 | |
| Nordea Investment Management Ab | $3.48M | 0.17 | 98,994 | -0.72% | -$25,406.22 | <0.01 | |
| Petiole Usa Ltd | $3.28M | 0.16 | 94,047 | 0% | +$0 | 2.57 | |
| Ameriprise Financial | $3.22M | 0.16 | 92,162 | -14.84% | -$560,429.11 | <0.01 |