Stanley Kerlin Buys Shares of FRAF
Stanley Kerlin purchased 124 shares of FRAF for $7,838.04.
Key Points
- Stanley Kerlin bought 124 shares of FRAF on June 29, 2026, at an average price of $63.21 per share, totaling $7,838.04.
- On Monday, FRAF's stock traded near $62.6, with recent insider purchases including multiple executives.
- Analyst Hovde Group initiated coverage on FRAF with a sell rating and a $59 target price in March 2026.
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On June 29, 2026, Stanley Kerlin made a purchase of 124 shares of FRAF at an average price of $63.21 per share, amounting to a total transaction value of $7,838.04. This insider transaction was not planned under a 10b5-1 trading plan.
Other Institutional Activity in FRAF
Several institutional investors have also been active in FRAF recently. BlackRock, Inc. increased its holdings by 26,098 shares, reaching a total of 265,472 shares valued at approximately $13.56 million, marking a 10.9% increase. Vanguard Capital Management LLC opened a new position with 183,415 shares worth about $9.37 million. Geode Capital Management, LLC added 2,920 shares, bringing its total to 99,850 shares valued at $5.10 million, a 3.0% increase. Arrowstreet Capital, Limited Partnership grew its position by 29,637 shares, ending with 75,439 shares valued at $3.85 million, reflecting a significant 64.7% increase. State Street Corp increased its holdings by 2,258 shares, resulting in 71,939 shares worth approximately $3.67 million, a 3.2% rise.
Insider Buying and Selling at Franklin Financial Services Corporation
In addition to Stanley Kerlin, several other insiders were active in purchasing FRAF shares on June 29, 2026. Craig Kevin bought 174 shares, Gregory Duffey acquired 50 shares, Daniel Fisher purchased 78 shares, and Gregory Snook added 102 shares, all at the same price of $63.21 per share. Earlier in the month, on June 1, 2026, Charles Benner Jr., the President & COO, bought 109 shares at a lower price of $47.51 per share.
Analysts Set New Price Targets
On March 11, 2026, Hovde Group initiated coverage on FRAF with a sell rating and set a price target of $59. This reflects the firm's cautious outlook on the stock.
Bottom Line
Stanley Kerlin's recent purchase of FRAF shares is part of a broader trend of insider buying at the company. Investors often watch insider transactions for potential insights into a company's prospects. It's important to remember that these transactions are backward-looking and may not reflect the current sentiment of the insiders. Analyst coverage, such as the recent initiation by Hovde Group, also provides additional perspectives on the stock's outlook.
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