First Merchants (FRME) Insider Larry Myers Sells $415K of Stock

Larry Myers, an insider at FRME, sold 10,000 shares of the company on June 11, 2026. The shares were sold at an average price of $41.5, resulting in a total transaction value of $415,000. This sale was not part of a pre-planned trading program.

Insider Buying and Selling at First Merchants Corporation

Larry Myers has been active in trading FRME shares, with another sale of 10,000 shares on June 12, 2026, at an average price of $42.0. Earlier in the year, on February 26, 2026, Myers sold 5,000 shares at $41.5. Other insiders have shown interest in the stock as well. On March 31, 2026, Mung Chiang, Clark Kellogg, and Jason Sondhi bought 584, 584, and 605 shares, respectively, at $38.73.

Other Institutional Activity in FRME

Institutional investors have also been active in FRME. BlackRock, Inc. added 255,670 shares, bringing its total to 4,899,356 shares valued at approximately $189.8 million. Dimensional Fund Advisors LP increased its holdings by 277,977 shares, reaching a total of 3,596,017 shares worth about $139.3 million. Earnest Partners LLC, on the other hand, reduced its position by 54,782 shares, ending with 2,255,590 shares valued at $87.4 million.

Analysts Set New Price Targets

Analysts have been maintaining positive outlooks on FRME. On February 4, 2026, Piper Sandler maintained its buy rating and set a price target of $49. Keefe, Bruyette & Woods also maintained a buy rating with a $50 price target in September 2025. The consensus among analysts remains positive, with a recommendation leaning towards buying.

Bottom Line

Larry Myers' recent sale of FRME shares is part of ongoing insider activity at the company. Investors often watch insider transactions for insights, but these actions may not necessarily indicate future stock performance. Institutional investors continue to adjust their positions in FRME, reflecting diverse strategies. Analyst recommendations remain positive, suggesting confidence in the company's prospects.