First Merchants (FRME) Insider Trades, Congress & Funds

Smart money at a glance

Filings to Nov 5, 2026

Net selling: insiders sold $176K and bought $0 on the open market in 90 days (SEC Form 4). Congress: no trades disclosed in 180 days.

Company insidersSEC Form 4, last 90 days: -$176K netNet selling
CongressSTOCK Act, last 180 days: NoneNo trades disclosed
Big fundsSEC 13F, latest quarter: NoneNo large changes
Federal contractsUSAspending.gov, last 12 months: No awardsNone on record

Analysts

What do analysts expect?

Analyst target and ratings are on paid plans

See the 12-month consensus target and the buy/hold/sell rating split.

Unlock the full results

Questions about FRME filings

Are insiders buying or selling First Merchants Corporation (FRME) stock?

Net selling: insiders sold $176K and bought $0 of FRME stock on the open market in the 90 days to Nov 5, 2026, according to SEC Form 4 filings. The largest was Fluhler, Stephan (Chief Information Officer), who sold $176K. The latest filing was on Aug 21, 2026.

Which members of Congress have traded FRME recently?

None. No member of Congress disclosed a FRME trade with a trade date in the last 180 days, according to House and Senate STOCK Act filings.

How current is this FRME smart-money data?

This summary uses filings available on Nov 5, 2026. Insiders must report trades to the SEC within 2 business days, members of Congress have up to 45 days to disclose a trade, and funds file 13F holdings up to 45 days after each quarter ends, so the latest moves may not be public yet.

Smart money on FRME

Lean short1 source:
- Insiders

Top traders
No tracked positions at the last update
Insiders
Lean short3 sales · $1M
Form 4 filings, open market.
Politicians
No recent politician filings found
Funds
No recent fund filings found
Fin-fluencers
No recent posts found

Each bar is 100% of that source’s money. The notch marks an even split.

Lean is the direction of the latest moves. Descriptive, not advice.

Questions about FRME filings

Are insiders buying or selling First Merchants Corporation (FRME) stock?

Which members of Congress have traded FRME recently?

None. No member of Congress disclosed a FRME trade with a trade date in the last 180 days, according to House and Senate STOCK Act filings.

How current is this FRME smart-money data?

Insiders

What insiders are doing

3 trades · 6 mo

Sold$1.0M

Sells (3)

FS
Fluhler Stephan
Chief Information Officer · Aug 21
$176K
sold
Signals like this: n=8050, 50% finished lower at D15, median -0.1% vs SPY +0.7%
ML
Myers Larry W
Dir · Jun 15
$835K
sold
ML
Myers Larry W
First Vice President · May 22
$16
sold

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Reported Oct 21, 2026

Earnings came in 5.8% above what analysts expected.

Documents

Quarterly report10-Q Annual report10-K Every filing

Last report

Oct 21, 2026

Period ending

Sep 30, 2026

Earnings per share

$1.10+5.77% beat

$1.04 expected

Revenue

$199.1M

SEC filing · Net interest plus noninterest income

Next report

What the street expects next

Previous reports

Quarter / reported	Earnings per share	Beat or miss	Revenue / income	Revenue vs last year
Sep 30, 2026Reported Oct 21, 2026	$1.10est. $1.04	+5.77%beat	$199.1MSEC filing	+19.8%from $166.1M
Jun 30, 2026Reported Jul 22, 2026	$0.74est. $1.03	-28.16%miss	$196.1MSEC filing	+19.3%from $164.3M
Mar 31, 2026Reported Apr 22, 2026	$1.03est. $0.97	+6.19%beat	$157.1MSEC filing	-2.0%from $160.3M
Dec 31, 2025Reported Jan 26, 2026	$0.98est. $0.95	+3.16%beat	$662.9M · FYSEC filing	No year-ago quarter
Sep 30, 2025Reported Oct 22, 2025	$0.99est. $0.96	+3.13%beat	$166.1MSEC filing	+6.5%from $156.0M
Jun 30, 2025Reported Jul 23, 2025	$0.98est. $0.95	+3.16%beat	$164.3MSEC filing	+2.8%from $159.9M
Mar 31, 2025Reported Apr 24, 2025	$0.94est. $0.91	+3.30%beat	$160.3MSEC filing	+4.3%from $153.7M
Dec 31, 2024Reported Jan 30, 2025	$1.00est. $0.90	+11.11%beat	$646.7M · FYSEC filing	No year-ago quarter

Earnings per share comes from Yahoo Finance where available, then Alpha Vantage or the company release. Revenue comes from company releases, SEC filings, Alpha Vantage or Yahoo Finance. A beat or miss needs an analyst estimate on the same basis as the reported figure, so quarters without one show none. Non-USD amounts carry their currency code.

Open: $41.25
52-wk high: $44.93
High: $41.27
52-wk low: $33.40
Low: $40.46
Prev close: $41.09
Mkt cap: $2.57B
P/E: 12.8x
ROE: +7.8%
Fwd P/E: 12.0x
Beta: 0.90
Div yield: 3.53%
P/S: 3.8x
P/B: 1.0x
Profit margin: +29.2%
Op margin: +45.0%

Fundamentals

Is the business strong?

Fairly priced and profitable.

Net margin: 29.2%
P/E: 12.75
Forward P/E: 11.99
Market cap: $2.6B

Valuation

P/S3.80
P/B0.97
Dividend yield3.5%

Quality

Operating margin45.0%
ROE7.8%
ROA1.0%

Growth

Beta0.90

Technicals

Price structure

This stock is in a strong uptrend.

Trend

Strong uptrend

100 / 100

RSI 14

63balanced

20D volatility

17%annualized

52-week range

$40.59

$33.40$44.93

20D support

$38.38recent floor

20D resistance

$41.51recent ceiling

Returns

5D -0.2%20D +1.1%60D -4.3%

Price vs moving averages

SMA20 +1.6%SMA50 +0.1%SMA200 +0.9%

Volume pace

0.80xvs prior 20D

Quarter / reported

Earnings per share

Beat or miss

Revenue / income

Revenue vs last year

Sep 30, 2026Oct 21, 2026

$1.10est. $1.04

+5.77%

$199.1MSEC filing

+19.8%from $166.1M

Jun 30, 2026Jul 22, 2026

$0.74est. $1.03

-28.16%

$196.1MSEC filing

+19.3%from $164.3M

Mar 31, 2026Apr 22, 2026

$1.03est. $0.97

+6.19%

$157.1MSEC filing

-2.0%from $160.3M

Dec 31, 2025Jan 26, 2026

$0.98est. $0.95

+3.16%

$662.9M · FYSEC filing

No year-ago quarter

Sep 30, 2025Oct 22, 2025

$0.99est. $0.96

+3.13%

$166.1MSEC filing

+6.5%from $156.0M

Jun 30, 2025Jul 23, 2025

$0.98est. $0.95

+3.16%

$164.3MSEC filing

+2.8%from $159.9M

Mar 31, 2025Apr 24, 2025

$0.94est. $0.91

+3.30%

$160.3MSEC filing

+4.3%from $153.7M

Dec 31, 2024Jan 30, 2025

$1.00est. $0.90

+11.11%

$646.7M · FYSEC filing

No year-ago quarter

First Merchants Corporation

Smart money at a glance

What do analysts expect?

Questions about FRME filings

Smart money on FRME

Questions about FRME filings

What insiders are doing

How top traders are positioned

Unlock everything for $29/month

Earnings came in 5.8% above what analysts expected.

What the street expects next

Previous reports

Is the business strong?

Price structure

Ask it in Claude or ChatGPT.

First Merchants Corporation

Smart money at a glance

What do analysts expect?

Questions about FRME filings

Smart money on FRME

Questions about FRME filings

What insiders are doing

How top traders are positioned

Unlock everything for $29/month

Earnings came in 5.8% above what analysts expected.

What the street expects next

Previous reports

Is the business strong?

Price structure

Ask it in Claude or ChatGPT.

First Merchants Corporation

Overview

Questions about FRME filings

Smart money

Unlock everything for $29/month

Earnings

Previous reports

Financials

Technicals

Ask it in Claude or ChatGPT.

First Merchants Corporation

Overview

Questions about FRME filings

Smart money

Unlock everything for $29/month

Earnings

Previous reports

Financials

Technicals

Ask it in Claude or ChatGPT.