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

16 May 2026, 06:13 by Renee Jackson · The Cerbat Gem

Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO – Get Free Report) Director Andrew Briggs sold 3,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $27.20, for a total transaction of $81,600.00. Following the transaction, the director directly owned 252,085 shares of the company’s stock, valued at approximately $6,856,712. This trade represents a 1.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Farmers & Merchants Bancorp Trading Down 1.1%

Shares of Farmers & Merchants Bancorp stock opened at $26.44 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a fifty day moving average price of $26.15 and a 200 day moving average price of $25.92. Farmers & Merchants Bancorp Inc. has a 1 year low of $22.59 and a 1 year high of $29.83. The stock has a market cap of $364.08 million, a PE ratio of 10.13 and a beta of 0.82.

Farmers & Merchants Bancorp (NASDAQ:FMAO – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.02. Farmers & Merchants Bancorp had a net margin of 18.54% and a return on equity of 9.85%. The firm had revenue of $32.44 million during the quarter, compared to analysts’ expectations of $32.54 million. Equities research analysts predict that Farmers & Merchants Bancorp Inc. will post 2.83 earnings per share for the current year.

Farmers & Merchants Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 20th. Shareholders of record on Friday, April 3rd were issued a $0.23 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $0.92 dividend on an annualized basis and a yield of 3.5%. Farmers & Merchants Bancorp’s payout ratio is presently 35.25%.

Institutional Trading of Farmers & Merchants Bancorp

Several hedge funds have recently made changes to their positions in the company. Bridgeway Capital Management LLC grew its stake in shares of Farmers & Merchants Bancorp by 2.1% in the 2nd quarter. Bridgeway Capital Management LLC now owns 19,257 shares of the financial services provider’s stock valued at $487,000 after buying an additional 401 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Farmers & Merchants Bancorp by 36.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,924 shares of the financial services provider’s stock valued at $49,000 after buying an additional 509 shares during the period. Royal Bank of Canada grew its stake in shares of Farmers & Merchants Bancorp by 124.6% in the 4th quarter. Royal Bank of Canada now owns 1,159 shares of the financial services provider’s stock valued at $28,000 after buying an additional 643 shares during the period. Millennium Management LLC grew its stake in shares of Farmers & Merchants Bancorp by 2.9% in the 3rd quarter. Millennium Management LLC now owns 25,483 shares of the financial services provider’s stock valued at $637,000 after buying an additional 722 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Farmers & Merchants Bancorp by 5.8% in the 4th quarter. Invesco Ltd. now owns 14,887 shares of the financial services provider’s stock valued at $368,000 after buying an additional 817 shares during the period. Hedge funds and other institutional investors own 23.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Weiss Ratings raised shares of Farmers & Merchants Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 6th. Piper Sandler reaffirmed a “neutral” rating and issued a $28.50 price objective (up from $28.00) on shares of Farmers & Merchants Bancorp in a report on Monday, April 27th. Finally, Hovde Group decreased their target price on shares of Farmers & Merchants Bancorp from $30.00 to $28.50 and set a “market perform” rating on the stock in a report on Friday, April 24th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $28.50.

Read Our Latest Stock Analysis on FMAO

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.