Andrew Briggs Sells Shares of Farmers & Merchants Bancorp

Andrew Briggs, an insider at Farmers & Merchants Bancorp, Inc., recently sold 3,000 shares of the company. The sale, conducted on June 30, 2026, was executed at an average price of $30.46 per share, totaling approximately $91,380. This transaction was planned, aligning with Rule 10b5-1, which allows insiders to set up a trading plan for selling stocks they own.

Insider Buying and Selling at Farmers & Merchants Bancorp, Inc.

Andrew Briggs has been active in selling shares of Farmers & Merchants Bancorp, Inc. over several days. On June 30, 2026, he sold 3,000 shares at $30.46 each. Similar transactions occurred on the previous days, with sales prices ranging from $29.17 to $30.58 per share.

Other Institutional Activity in Farmers & Merchants Bancorp

Several institutional investors have also adjusted their positions in Farmers & Merchants Bancorp, Inc. BlackRock, Inc. reduced its holdings by 25,483 shares, bringing its total to 923,327 shares valued at approximately $23.7 million, marking a 2.7% decrease. Vanguard Capital Management LLC opened a new position, acquiring 534,738 shares valued at about $13.7 million. Goelzer Investment Management, Inc. cut its stake by 156,460 shares, leaving it with 328,604 shares worth $8.4 million—a 32.3% reduction. Meanwhile, Geode Capital Management, LLC increased its position by 7,955 shares to a total of 309,207 shares, valued at $7.9 million, a 2.6% rise.

Farmers & Merchants Bancorp, Inc. Stock Down 10.7%

Shares of NasdaqCM:FMAO traded near $30.58 on Wednesday. Farmers & Merchants Bancorp, Inc. has a market capitalization of about $421 million, with a P/E ratio of 11.67 and a forward P/E of 10.15. The stock's beta is 0.826, indicating lower volatility compared to the market. Over the past year, the stock has ranged from a low of $22.77 to a high of $30.9. Its 50-day moving average is $27.80, while the 200-day moving average is $26.16.

Recent Earnings

In the most recent quarter, Farmers & Merchants Bancorp, Inc. reported revenues of $123.94 million, with a revenue growth of 16.5%. The company achieved a net margin of 28.99% and a return on equity of 9.97%. Earnings per share stood at $2.62. The next earnings report is scheduled for July 28, 2026.

Dividend

Farmers & Merchants Bancorp, Inc. offers an annual dividend rate of $0.91 per share, yielding 2.97% based on current prices. The dividend payout ratio is 34.69%, indicating a sustainable payout relative to earnings.

Analysts Set New Price Targets

On June 25, 2026, Piper Sandler maintained its 'hold' rating for Farmers & Merchants Bancorp, Inc. with a price target of $32. The consensus among analysts is a 'hold' recommendation, with a mean target price of $29.83 based on three analyst opinions.

About Farmers & Merchants Bancorp, Inc.

Farmers & Merchants Bancorp, Inc., based in Archbold, Ohio, operates as the bank holding company for The Farmers & Merchants State Bank. It provides a range of commercial banking services to individuals and small businesses across Northwest Ohio, Northeast Indiana, and Southeast Michigan. The bank offers various deposit accounts, commercial and agricultural loans, and online banking services. Led by CEO Lars B. Eller, the company employs around 473 people.

Bottom Line

Andrew Briggs' recent planned sale of shares in Farmers & Merchants Bancorp, Inc. is part of a series of transactions by insiders and institutional investors. The company remains a key player in regional banking, with a solid market position reflected in its financial metrics. Investors will be watching the upcoming earnings report for further insights into its performance. As always, remember that insider transactions are reported after the fact and may not indicate future stock performance.