Bruce Sherrick Purchases Farmland Partners Inc. Shares
Insider Bruce Sherrick acquires 2,000 shares of Farmland Partners Inc. for $19,300.
Key Points
- Bruce Sherrick bought 2,000 shares of Farmland Partners Inc. at $9.65 per share on June 25, 2026, totaling $19,300.
- Shares of NYSE:FPI traded at $9.60 on Saturday, with a market cap of $432.2 million and a P/E ratio of 16.8.
- Roth MKM and Raymond James maintained 'buy' ratings with targets of $14.00 and $13.00, respectively.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Bruce Sherrick, an insider at Farmland Partners Inc. (NYSE:FPI), purchased 2,000 shares of the company on June 25, 2026. The shares were bought at an average price of $9.65 each, amounting to a total transaction value of $19,300. This purchase was not part of a pre-arranged trading plan.
Insider Buying and Selling at Farmland Partners Inc.
Sherrick's recent acquisition adds to a series of insider activities at Farmland Partners. On April 28, 2026, he also bought 3,726 shares at $11.54 per share. Other insiders, including Danny Moore and John Good, made similar purchases on the same day. However, earlier in March, Executive Chairman Paul Pittman and President and CEO Luca Fabbri sold shares at $12.97 each.
Other Institutional Activity in Farmland Partners
Institutional investors have also been active with Farmland Partners. BlackRock, Inc. increased its holdings by 32,950 shares to a total of 3,849,480 shares, valued at approximately $43.2 million, marking a 0.9% increase. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, acquiring 2,043,825 and 1,719,633 shares, respectively. Two Sigma Investments, LP more than doubled its stake with an addition of 743,180 shares, bringing its total to 1,447,658 shares worth about $16.3 million. Conversely, Geode Capital Management, LLC reduced its holdings by 134,444 shares, ending with 1,072,656 shares valued at $12.0 million.
Farmland Partners Inc. Stock Down 3.3%
On Saturday, shares of Farmland Partners Inc. traded near $9.60. The company, with a market cap of $432.2 million, has a P/E ratio of 16.8 and a beta of 0.682. The stock's 52-week range is between $9.37 and $13.23, with a 50-day moving average of $10.51 and a 200-day moving average of $10.73. Farmland Partners maintains a current ratio of 1.93 and a quick ratio of 0.61, alongside a debt-to-equity ratio of 50.03.
$FPI stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Farmland Partners reported revenue of $51.6 million, experiencing a slight decline of 1.7%. The company achieved a net margin of 58.4% and a return on equity of 5.8%. Earnings per share stood at $0.59. The next earnings report is expected on July 22, 2026.
Dividend
Farmland Partners offers an annual dividend rate of $0.36, yielding 3.63%. The dividend payout ratio is 45.76%.
Analysts Set New Price Targets
Analysts have been updating their views on Farmland Partners. On July 26, 2024, Roth MKM maintained a 'buy' rating with a $14.00 price target. Previously, Raymond James also maintained a 'buy' rating with a $13.00 target on February 28, 2023. The consensus among analysts is a target mean price of $12.00, based on two opinions.
About Farmland Partners Inc.
Farmland Partners Inc., based in Denver, CO, is a real estate investment trust (REIT) focusing on owning and acquiring high-quality farmland across North America. The company also provides loans to farmers and landowners secured by agricultural assets. As of March 31, 2026, it owned approximately 70,400 acres of farmland in various states and leased properties to agriculture equipment dealerships in Ohio.
Bottom Line
Bruce Sherrick's purchase of additional shares in Farmland Partners highlights ongoing insider interest in the company. Investors often track such insider transactions for potential signals about the company's future. However, it's worth noting that these trades are historical and may not reflect current positions.
Get Farmland Partners Inc. alerts
New 13F filings, insider trades, and analyst moves on $FPI, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
