Farmers & Merchants Bancorp (NASDAQ:FMAO) Director Andrew Briggs Sells 3,000 Shares of Stock

August 15, 2026 by InsiderTrades.com

Key Points

Director Andrew Briggs sold 3,000 FMAO shares at an average price of $35.38, receiving $106,140. His remaining direct ownership fell 5.21% to 54,550 shares.
Farmers & Merchants Bancorp recently exceeded quarterly expectations, reporting $0.86 EPS versus a $0.67 estimate and revenue of $34.35 million. The company pays a $0.23 quarterly dividend, equivalent to a 2.6% annual yield.
Shares opened at $35.11, near their 52-week high of $35.94, while analyst sentiment remained positive with a consensus “Moderate Buy” rating, despite a $32.25 average price target.

Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO - Get Free Report) Director Andrew Briggs sold 3,000 shares of the business's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $35.38, for a total transaction of $106,140.00. Following the completion of the transaction, the director directly owned 54,550 shares in the company, valued at $1,929,979. This represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Farmers & Merchants Bancorp Stock Down 0.6%

FMAO stock opened at $35.11 on Friday. Farmers & Merchants Bancorp Inc. has a one year low of $22.77 and a one year high of $35.94. The stock has a market capitalization of $483.46 million, a PE ratio of 12.07 and a beta of 0.80. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.96 and a current ratio of 0.96. The company has a fifty day moving average of $31.15 and a 200-day moving average of $28.29.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.19. The business had revenue of $34.35 million for the quarter, compared to analyst estimates of $33.05 million. Farmers & Merchants Bancorp had a net margin of 20.27% and a return on equity of 10.72%. As a group, analysts expect that Farmers & Merchants Bancorp Inc. will post 3.05 EPS for the current year.

Farmers & Merchants Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Friday, July 10th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Friday, July 10th. Farmers & Merchants Bancorp's payout ratio is currently 31.62%.

Wall Street Analyst Weigh In

FMAO has been the topic of a number of analyst reports. Wall Street Zen upgraded Farmers & Merchants Bancorp from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Weiss Ratings upgraded Farmers & Merchants Bancorp from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, June 18th. Zacks Research upgraded shares of Farmers & Merchants Bancorp from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 29th. Hovde Group cut their price target on shares of Farmers & Merchants Bancorp from $30.00 to $28.50 and set a "market perform" rating for the company in a report on Friday, April 24th. Finally, Piper Sandler reiterated a "neutral" rating and issued a $36.00 price target (up from $32.00) on shares of Farmers & Merchants Bancorp in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $32.25.

View Our Latest Stock Report on FMAO

Institutional Investors Weigh In On Farmers & Merchants Bancorp

Several institutional investors have recently modified their holdings of the company. Versant Capital Management Inc grew its holdings in shares of Farmers & Merchants Bancorp by 72.2% in the 2nd quarter. Versant Capital Management Inc now owns 813 shares of the financial services provider's stock worth $25,000 after acquiring an additional 341 shares during the period. Royal Bank of Canada raised its holdings in Farmers & Merchants Bancorp by 124.6% during the fourth quarter. Royal Bank of Canada now owns 1,159 shares of the financial services provider's stock worth $28,000 after purchasing an additional 643 shares during the last quarter. CANADA LIFE ASSURANCE Co purchased a new stake in Farmers & Merchants Bancorp during the fourth quarter worth $34,000. Legal & General Group Plc acquired a new stake in Farmers & Merchants Bancorp in the second quarter valued at $40,000. Finally, BNP Paribas Financial Markets grew its holdings in Farmers & Merchants Bancorp by 36.0% in the second quarter. BNP Paribas Financial Markets now owns 1,924 shares of the financial services provider's stock valued at $49,000 after purchasing an additional 509 shares during the last quarter. Hedge funds and other institutional investors own 23.96% of the company's stock.

About Farmers & Merchants Bancorp

(Get Free Report)

Farmers & Merchants Bancorp (NASDAQ:FMAO) is the bank holding company for Farmers & Merchants Bank of Central California, a community-focused institution headquartered in Los Banos, California. The bank traces its roots to 1916 and has grown to serve individuals, businesses and agricultural enterprises throughout the western San Joaquin Valley. Operating with a commitment to local decision-making, the company emphasizes personalized service and close ties to the communities in which it operates.

Through its banking subsidiary, Farmers & Merchants offers a comprehensive suite of financial products and services, including checking and savings accounts, certificates of deposit, online and mobile banking platforms, and merchant services.