Jay J. Colombini Acquires 29 Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) Stock
Farmers & Merchants Bancorp (OTCMKTS:FMCB) insider Jay J. Colombini acquired 29 shares of the company’s stock in a transaction dated Friday, August 11th. The shares were bought at an average price of $625.00 per share, for a total transaction of $18,125.00. Following the acquisition, the insider now owns 2,370 shares in the company, valued at approximately $1,481,250. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of Farmers & Merchants Bancorp (FMCB) traded up 0.80% during mid-day trading on Friday, reaching $630.00. 43 shares of the company’s stock traded hands. The firm has a 50 day moving average price of $623.57 and a 200-day moving average price of $612.81. Farmers & Merchants Bancorp has a 12 month low of $580.10 and a 12 month high of $650.00. The stock has a market cap of $509.04 million and a PE ratio of 16.55.
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Farmers & Merchants Bancorp Company Profile
Farmers & Merchants Bancorp is the bank holding company for Farmers & Merchants Bank of Central California (the Bank). The Company markets its services to small and medium sized businesses, and also offers a range of retail banking services to the local consumer market. The Company also offers a range of services for its commercial accounts, which include a credit card program for merchants, lockbox and other collection services, account reconciliation, investment sweep, online account access, and electronic funds transfers by way of domestic and international wire and automated clearinghouse.
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