Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) Director Anthony Rupp sold 2,072 shares of the company’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $87.10, for a total transaction of $180,471.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Farmers & Merchants Bancorp Inc. (NASDAQ FMAO) opened at 75.26 on Friday. The firm’s 50-day moving average is $65.18 and its 200-day moving average is $53.96. Farmers & Merchants Bancorp Inc. has a 52 week low of $30.50 and a 52 week high of $87.79. The stock has a market capitalization of $344.47 million, a price-to-earnings ratio of 28.33 and a beta of 0.04. Farmers & Merchants Bancorp’s stock is scheduled to split on the morning of Thursday, September 21st. The 2-1 split was announced on Friday, August 18th. The newly created shares will be issued to shareholders after the market closes on Wednesday, September 20th.

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

TRADEMARK VIOLATION WARNING: “Insider Selling: Farmers & Merchants Bancorp Inc. (FMAO) Director Sells $180,471.20 in Stock” was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this report on another site, it was illegally stolen and republished in violation of United States & international trademark & copyright law. The legal version of this report can be read at https://www.dailypolitical.com/2017/09/17/insider-selling-farmers-merchants-bancorp-inc-fmao-director-sells-180471-20-in-stock.html.

FMAO has been the topic of a number of recent research reports. ValuEngine upgraded shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research upgraded shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Tuesday, July 25th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nationwide Fund Advisors acquired a new position in shares of Farmers & Merchants Bancorp in the 2nd quarter valued at about $139,000. Advisor Group Inc. acquired a new position in shares of Farmers & Merchants Bancorp in the 2nd quarter valued at about $206,000. Rhumbline Advisers acquired a new position in shares of Farmers & Merchants Bancorp in the 2nd quarter valued at about $296,000. New York State Common Retirement Fund acquired a new position in shares of Farmers & Merchants Bancorp in the 2nd quarter valued at about $298,000. Finally, Vanguard Group Inc. acquired a new position in shares of Farmers & Merchants Bancorp in the 2nd quarter valued at about $432,000. 7.77% of the stock is currently owned by institutional investors and hedge funds.

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)

Receive News & Ratings for Farmers & Merchants Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers & Merchants Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.