FRME Insider Trading

Insider Ownership Percentage: 1.37%
Insider Buying (Last 12 Months): $164.96
Insider Selling (Last 12 Months): $316,955.04

First Merchants Insider Trading History Chart

This chart shows the insider buying and selling history at First Merchants by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

First Merchants Share Price & Price History

Current Price: $37.60
Price Change: Price Increase of +0.08 (0.21%)
As of 12/4/2025 05:00 PM ET

This chart shows the closing price history over time for FRME up to the past year.

Skip Chart and Table DataPrice Data in Insider Trading History Table
Days: 30 | 90 | 365

First Merchants Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/30/2024Howard HaldermanDirectorBuy4$41.24$164.9625,131View SEC Filing Icon  
12/16/2024Michael J StewartPresidentSell7,248$43.73$316,955.0492,664View SEC Filing Icon  
5/30/2024Patrick J. FehringDirectorSell23,936$32.51$778,159.36122,706View SEC Filing Icon  
3/29/2024Michael J StewartPresidentBuy36$29.67$1,068.1288,952View SEC Filing Icon  
2/28/2024Stephan FluhlerInsiderSell3,193$33.17$105,911.8124,070View SEC Filing Icon  
12/19/2023Michael C RechinDirectorSell10,000$37.05$370,500.0085,834View SEC Filing Icon  
7/28/2023Jason R SondhiDirectorBuy458$32.16$14,729.28458View SEC Filing Icon  
3/3/2023Gary LehmanDirectorSell1,465$40.09$58,731.8545,010View SEC Filing Icon  
See Full Table

SEC Filings (Institutional Ownership Changes) for First Merchants (NASDAQ:FRME)

73.92% of First Merchants stock is owned by institutions. Institutional ownership can be a sign of analyst confidence in the fundamentals of the stock.

Institutional Buying and Selling by Quarter

This chart shows the instiutional buying and selling at FRME by year and by quarter.

Skip Institutional Buying and Selling Chart and Table DataRead Chart Data in Institutional Trading History Table

First Merchants Institutional Trading History

Reporting DateHedge FundShares HeldMarket Value% of PortfolioQuarterly Change in SharesOwnership in CompanyDetails
12/2/2025Allworth Financial LP3,100$0.12M0.0%+9.9%0.005%Search for SEC Filing on Google Icon
11/21/2025CIBC Bancorp USA Inc.6,222$0.24M0.0%N/A0.011%Search for SEC Filing on Google Icon
11/17/2025Dark Forest Capital Management LP74,171$2.80M0.1%-34.4%0.128%Search for SEC Filing on Google Icon
11/17/2025Verition Fund Management LLC7,847$0.30M0.0%N/A0.014%Search for SEC Filing on Google Icon
11/17/2025Susquehanna International Group LLP57,600$2.17M0.0%-62.9%0.100%Search for SEC Filing on Google Icon
11/17/2025Qube Research & Technologies Ltd393,408$14.83M0.0%+50.2%0.680%Search for SEC Filing on Google Icon
11/17/2025Mariner LLC58,016$2.19M0.0%+2.6%0.100%Search for SEC Filing on Google Icon
11/17/2025Mercer Global Advisors Inc. ADV7,570$0.29M0.0%N/A0.013%Search for SEC Filing on Google Icon
11/17/2025Millennium Management LLC233,264$8.79M0.0%+163.8%0.403%Search for SEC Filing on Google Icon
11/17/2025MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.27,119$1.02M0.0%-15.2%0.047%Search for SEC Filing on Google Icon
11/17/2025Larson Financial Group LLC15,821$0.60M0.0%+425.8%0.027%Search for SEC Filing on Google Icon
11/17/2025Focus Partners Wealth7,620$0.30M0.0%+19.2%0.013%Search for SEC Filing on Google Icon
11/17/2025Earnest Partners LLC2,445,904$92.21M0.4%-4.9%4.230%Search for SEC Filing on Google Icon
11/17/2025Citadel Advisors LLC26,858$1.01M0.0%-7.6%0.046%Search for SEC Filing on Google Icon
11/17/2025Bank of America Corp DE197,778$7.46M0.0%-5.6%0.342%Search for SEC Filing on Google Icon
11/17/2025Aquatic Capital Management LLC19,013$0.72M0.0%+591.1%0.033%Search for SEC Filing on Google Icon
11/17/2025Ameriprise Financial Inc.117,933$4.45M0.0%+74.1%0.204%Search for SEC Filing on Google Icon
11/14/2025Schonfeld Strategic Advisors LLC14,865$0.56M0.0%-5.4%0.026%Search for SEC Filing on Google Icon
11/14/2025Creative Planning64,214$2.42M0.0%+31.2%0.111%Search for SEC Filing on Google Icon
11/14/2025FJ Capital Management LLC294,718$11.11M1.2%N/A0.510%Search for SEC Filing on Google Icon
11/14/2025Mendon Capital Advisors Corp75,000$2.83M1.1%-33.2%0.130%Search for SEC Filing on Google Icon
11/14/2025Raymond James Financial Inc.449,988$16.97M0.0%-2.1%0.778%Search for SEC Filing on Google Icon
11/14/2025Man Group plc21,916$0.83M0.0%N/A0.038%Search for SEC Filing on Google Icon
11/14/2025Hotchkis & Wiley Capital Management LLC321,550$12.12M0.0%+252.0%0.556%Search for SEC Filing on Google Icon
11/14/2025Occudo Quantitative Strategies LP15,704$0.59M0.1%N/A0.027%Search for SEC Filing on Google Icon
11/14/2025UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC108,376$4.09M0.0%-43.7%0.187%Search for SEC Filing on Google Icon
11/14/2025Two Sigma Investments LP32,249$1.22M0.0%-41.6%0.056%Search for SEC Filing on Google Icon
11/14/2025Bridgeway Capital Management LLC398,498$15.02M0.3%+0.3%0.689%Search for SEC Filing on Google Icon
11/14/2025Comerica Bank9,153$0.35M0.0%+25.9%0.016%Search for SEC Filing on Google Icon
11/14/2025Glenmede Investment Management LP283,231$10.68M0.1%-6.3%0.490%Search for SEC Filing on Google Icon
11/13/2025Entropy Technologies LP9,700$0.37M0.0%N/A0.017%Search for SEC Filing on Google Icon
11/13/2025Advisory Research Inc.72,348$2.73M0.4%-4.1%0.125%Search for SEC Filing on Google Icon
11/13/2025Arrowstreet Capital Limited Partnership53,377$2.01M0.0%-8.0%0.092%Search for SEC Filing on Google Icon
11/13/2025Invesco Ltd.100,564$3.79M0.0%-13.7%0.174%Search for SEC Filing on Google Icon
11/13/2025Sei Investments Co.108,705$4.10M0.0%-2.6%0.188%Search for SEC Filing on Google Icon
11/13/2025Intrepid Financial Planning Group LLC16,281$0.61M0.2%+10.9%0.028%Search for SEC Filing on Google Icon
11/13/2025UBS Group AG122,996$4.64M0.0%-20.3%0.213%Search for SEC Filing on Google Icon
11/13/2025BNP Paribas Financial Markets28,467$1.07M0.0%+214.0%0.049%Search for SEC Filing on Google Icon
11/13/2025Franklin Resources Inc.50,651$1.91M0.0%-1.3%0.088%Search for SEC Filing on Google Icon
11/13/2025Ceredex Value Advisors LLC341,950$12.89M0.3%-1.1%0.591%Search for SEC Filing on Google Icon
11/13/2025Capital International Investors1,346,300$50.76M0.0%+64.4%2.328%Search for SEC Filing on Google Icon
11/13/2025Legal & General Group Plc60,795$2.29M0.0%-5.5%0.105%Search for SEC Filing on Google Icon
11/13/2025Clarkston Capital Partners LLC34,696$1.31M0.0%+11.5%0.060%Search for SEC Filing on Google Icon
11/13/2025Swiss National Bank112,962$4.26M0.0%+1.1%0.195%Search for SEC Filing on Google Icon
11/13/2025Russell Investments Group Ltd.35,658$1.34M0.0%+9.7%0.062%Search for SEC Filing on Google Icon
11/13/2025First Trust Advisors LP622,273$23.46M0.0%-18.8%1.076%Search for SEC Filing on Google Icon
11/12/2025Barclays PLC90,778$3.42M0.0%-30.9%0.157%Search for SEC Filing on Google Icon
11/12/2025IFG Advisory LLC20,995$0.79M0.0%-1.8%0.036%Search for SEC Filing on Google Icon
11/12/2025Dimensional Fund Advisors LP3,381,405$127.48M0.0%-0.7%5.848%Search for SEC Filing on Google Icon
11/12/2025Victory Capital Management Inc.947,498$35.72M0.0%+8.4%1.639%Search for SEC Filing on Google Icon
11/12/2025Kennondale Capital Management LLC19,259$0.73M0.6%+42.7%0.033%Search for SEC Filing on Google Icon
11/12/2025Elo Mutual Pension Insurance Co37,124$1.40M0.0%+137.4%0.064%Search for SEC Filing on Google Icon
11/12/2025Fisher Asset Management LLC427,119$16.10M0.0%-3.3%0.739%Search for SEC Filing on Google Icon
11/12/2025William Blair Investment Management LLC843,174$31.79M0.1%+16.4%1.458%Search for SEC Filing on Google Icon
11/12/2025EJF Capital LLC29,697$1.12M0.7%+149.9%0.051%Search for SEC Filing on Google Icon
11/12/2025American Century Companies Inc.588,719$22.20M0.0%-47.8%1.018%Search for SEC Filing on Google Icon
11/12/2025Rafferty Asset Management LLC49,356$1.86M0.0%+14.5%0.085%Search for SEC Filing on Google Icon
11/12/2025Choreo LLC9,818$0.37M0.0%-31.2%0.017%Search for SEC Filing on Google Icon
11/12/2025Intech Investment Management LLC28,937$1.09M0.0%-8.3%0.050%Search for SEC Filing on Google Icon
11/10/2025GGM Financials LLC1,691$64K0.0%N/A0.003%Search for SEC Filing on Google Icon
11/10/2025Ameritas Investment Partners Inc.5,051$0.19M0.0%-17.2%0.009%Search for SEC Filing on Google Icon
11/10/2025Semanteon Capital Management LP10,807$0.41M0.5%N/A0.019%Search for SEC Filing on Google Icon
11/10/2025Citigroup Inc.65,566$2.47M0.0%-41.0%0.113%Search for SEC Filing on Google Icon
11/7/2025GSA Capital Partners LLP18,182$0.69M0.1%N/A0.031%Search for SEC Filing on Google Icon
11/7/2025Vanguard Group Inc.6,078,518$229.16M0.0%-1.7%10.512%Search for SEC Filing on Google Icon
11/7/2025Denali Advisors LLC180,600$6.81M0.8%+3.6%0.312%Search for SEC Filing on Google Icon
11/7/2025JPMorgan Chase & Co.691,565$26.07M0.0%+2.0%1.196%Search for SEC Filing on Google Icon
11/7/2025PNC Financial Services Group Inc.28,017$1.06M0.0%+13.7%0.048%Search for SEC Filing on Google Icon
11/6/2025Assetmark Inc.2,581$97K0.0%-16.9%0.004%Search for SEC Filing on Google Icon
11/6/2025Rhumbline Advisers96,559$3.64M0.0%+4.0%0.167%Search for SEC Filing on Google Icon
11/6/2025MQS Management LLC16,187$0.61M0.4%+164.1%0.028%Search for SEC Filing on Google Icon
11/6/2025BridgePort Financial Solutions LLC55,826$2.11M0.6%N/A0.097%Search for SEC Filing on Google Icon
11/6/2025ProShare Advisors LLC323,180$12.18M0.0%+84.2%0.559%Search for SEC Filing on Google Icon
11/6/2025Oppenheimer Asset Management Inc.39,980$1.51M0.0%-1.2%0.069%Search for SEC Filing on Google Icon
11/5/2025Savant Capital LLC11,614$0.44M0.0%+10.9%0.020%Search for SEC Filing on Google Icon
11/5/2025Envestnet Asset Management Inc.163,412$6.16M0.0%-4.0%0.283%Search for SEC Filing on Google Icon
11/4/2025Jones Financial Companies Lllp32,669$1.25M0.0%+8.9%0.057%Search for SEC Filing on Google Icon
11/4/2025Principal Financial Group Inc.710,508$26.79M0.0%-6.3%1.231%Search for SEC Filing on Google Icon
11/4/2025Thrivent Financial for Lutherans18,916$0.71M0.0%-47.6%0.033%Search for SEC Filing on Google Icon
11/3/2025AlphaQuest LLC56,344$2.12M0.1%+6.7%0.098%Search for SEC Filing on Google Icon
11/3/2025Great Lakes Advisors LLC95,122$3.59M0.0%-12.3%0.165%Search for SEC Filing on Google Icon
10/31/2025OneAscent Financial Services LLC136,069$5.13M0.5%-6.9%0.236%Search for SEC Filing on Google Icon
10/31/2025Y Intercept Hong Kong Ltd64,791$2.44M0.1%+54.4%0.112%Search for SEC Filing on Google Icon
10/30/2025Teacher Retirement System of Texas21,744$0.82M0.0%-39.6%0.038%Search for SEC Filing on Google Icon
10/30/2025Strs Ohio23,500$0.89M0.0%-87.2%0.041%Search for SEC Filing on Google Icon
10/30/2025Bailard Inc.20,000$0.75M0.0%N/A0.035%Search for SEC Filing on Google Icon
10/30/2025Chicago Partners Investment Group LLC24,929$0.91M0.0%+4.3%0.043%Search for SEC Filing on Google Icon
10/30/2025Vest Financial LLC34,399$1.30M0.0%N/A0.060%Search for SEC Filing on Google Icon
10/29/2025Wealth Enhancement Advisory Services LLC12,822$0.49M0.0%+100.2%0.022%Search for SEC Filing on Google Icon
10/29/2025Inspire Advisors LLC72,855$2.75M0.3%+1.5%0.126%Search for SEC Filing on Google Icon
10/28/2025Campbell & CO Investment Adviser LLC13,028$0.49M0.0%N/A0.023%Search for SEC Filing on Google Icon
10/27/2025Nordea Investment Management AB139,168$5.24M0.0%+2.5%0.241%Search for SEC Filing on Google Icon
10/24/2025State of Alaska Department of Revenue2,445$92K0.0%N/A0.004%Search for SEC Filing on Google Icon
10/23/2025Peregrine Capital Management LLC139,468$5.26M0.2%-0.3%0.242%Search for SEC Filing on Google Icon
10/23/2025SG Americas Securities LLC30,156$1.14M0.0%+341.7%0.052%Search for SEC Filing on Google Icon
10/22/2025OneAscent Financial Services LLC9,573$0.36M0.1%-93.4%0.017%Search for SEC Filing on Google Icon
10/17/2025Atlas Brown Inc.9,364$0.35M0.1%-25.6%0.016%Search for SEC Filing on Google Icon
10/15/2025CWM LLC20,514$0.77M0.0%+238.0%0.036%Search for SEC Filing on Google Icon
10/15/2025Inspire Investing LLC12,296$0.46M0.0%+18.6%0.021%Search for SEC Filing on Google Icon
10/14/2025Cranbrook Wealth Management LLC7,707$0.29M0.1%-32.7%0.013%Search for SEC Filing on Google Icon
Data available starting January 2016

See Full Table
First Merchants logo
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Read More on First Merchants

Today's Range

Now: $37.60
Low: $37.20
High: $37.70

50 Day Range

MA: $36.65
Low: $34.99
High: $38.49

52 Week Range

Now: $37.60
Low: $33.13
High: $45.62

Volume

230,229 shs

Average Volume

216,537 shs

Market Capitalization

$2.17 billion

P/E Ratio

9.40

Dividend Yield

3.84%

Beta

0.96

Who are the company insiders with the largest holdings of First Merchants?

First Merchants' top insider shareholders include:
  1. Patrick J Fehring (Director)
  2. Michael J Stewart (President)
  3. Michael C Rechin (Director)
  4. Howard Halderman (Director)
  5. Stephan Fluhler (Insider)
Learn More about top insider investors at First Merchants.

Who are the major institutional investors of First Merchants?

First Merchants' top institutional investors include:
  1. Vanguard Group Inc. — 10.51%
  2. Dimensional Fund Advisors LP — 5.85%
  3. Earnest Partners LLC — 4.23%
  4. Capital International Investors — 2.33%
  5. Victory Capital Management Inc. — 1.64%
  6. William Blair Investment Management LLC — 1.46%
Learn More about top institutional investors of First Merchants stock.

Which major investors are selling First Merchants stock?

In the last quarter, FRME stock was sold by these institutional investors:
  1. American Century Companies Inc.
  2. Strs Ohio
  3. First Trust Advisors LP
  4. OneAscent Financial Services LLC
  5. Earnest Partners LLC
  6. Vanguard Group Inc.
  7. Susquehanna International Group LLP
  8. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

Which major investors are buying First Merchants stock?

In the previous quarter, FRME stock was acquired by institutional investors including:
  1. Capital International Investors
  2. FJ Capital Management LLC
  3. Hotchkis & Wiley Capital Management LLC
  4. ProShare Advisors LLC
  5. Millennium Management LLC
  6. Qube Research & Technologies Ltd
  7. William Blair Investment Management LLC
  8. Victory Capital Management Inc.
In the previous year, these company insiders have bought First Merchants stock:
  1. Patrick J Fehring (Director)
  2. Michael J Stewart (President)
Learn More investors buying First Merchants stock.