Andrew Briggs Sells Shares of Farmers & Merchants Bancorp

On June 16, 2026, Andrew Briggs sold 3,000 shares of Farmers & Merchants Bancorp, Inc. (NasdaqCM: FMAO) at an average price of $28.39 each. This planned transaction totaled approximately $85,170.

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

Andrew Briggs has been selling shares regularly, with transactions on June 11, 12, 15, 16, and 17, each involving 3,000 shares. These sales were all planned and executed at varying prices, ranging from $28.39 to $28.80 per share. Additionally, David Gerken, Executive Vice President, sold 825 shares at $28.16 on June 11, 2026.

Other Institutional Activity in Farmers & Merchants Bancorp

In recent activity, BlackRock, Inc. reduced its position in Farmers & Merchants Bancorp by 25,483 shares, bringing its total to 923,327 shares valued at approximately $23.7 million. Vanguard Capital Management LLC significantly increased its holdings by 534,738 shares, now holding the same number of shares worth about $13.7 million. Goelzer Investment Management, Inc. cut its stake by 156,460 shares, leaving it with 328,604 shares valued at around $8.4 million. Meanwhile, Geode Capital Management, LLC added 7,955 shares, resulting in a total of 309,207 shares worth nearly $7.9 million.

Farmers & Merchants Bancorp, Inc. Stock Down 16.6%

Shares of Farmers & Merchants Bancorp (NasdaqCM: FMAO) traded near $28.87. The company boasts a market cap of approximately $397.5 million and a P/E ratio of 11.02, with a forward P/E of 9.58. The stock has a beta of 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 $29.83. Its 50-day moving average is $27.38, and the 200-day moving average is $26.02.

Recent Earnings

For its recent quarter, Farmers & Merchants Bancorp reported revenue of $123.94 million, reflecting a growth rate of 16.5%. The company's net margin stood at 28.99%, with a return on equity of 9.97%. The next earnings release is scheduled for July 28, 2026.

Dividend

Farmers & Merchants Bancorp offers an annual dividend rate of $0.91 per share, yielding 3.15%. The dividend payout ratio is 34.69%.

Analysts Set New Price Targets

On April 27, 2026, Piper Sandler maintained its "hold" rating on Farmers & Merchants Bancorp, setting a price target of $28.50. The consensus among analysts is a "hold" rating, with a mean price target of $28.67, based on three analyst opinions.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc. is the holding company for The Farmers & Merchants State Bank, providing a range of banking services to individuals and businesses in Northwest Ohio, Northeast Indiana, and Southeast Michigan. Headquartered in Archbold, Ohio, and led by CEO Lars B. Eller, the company offers various deposit accounts and lending products, including commercial and consumer loans, as well as real estate and agricultural financing. With approximately 473 employees, the company also provides online and mobile banking services.

Bottom Line

Andrew Briggs' planned sale of 3,000 shares of Farmers & Merchants Bancorp reflects ongoing insider activity at the bank. Investors often track such transactions to gauge insider sentiment, though these sales were pre-planned. With a solid market position and upcoming earnings, Farmers & Merchants Bancorp remains a notable player in the regional banking sector.