First Merchants Ownership
| FRMEP Stock | USD 25.85 0.32 1.25% |
Shares in Circulation | First Issued 1987-03-31 | Previous Quarter 59.1 M | Current Value 58.3 M | Avarage Shares Outstanding 25.2 M | Quarterly Volatility 17.2 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
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First Stock Ownership Analysis
About 100.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 31st of October 2024. First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. First Merchants operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1821 people. To learn more about First Merchants call Mark Hardwick at 765 747 1500 or check out https://www.firstmerchants.com.Besides selling stocks to institutional investors, First Merchants also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different First Merchants' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align First Merchants' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
First Merchants Quarterly Liabilities And Stockholders Equity |
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First Merchants Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Merchants insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Merchants' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Merchants insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Fisher Michael J over a month ago Acquisition by Fisher Michael J of 663 shares of First Merchants at 32.95 subject to Rule 16b-3 | ||
Fehring Patrick J. over a month ago Acquisition by Fehring Patrick J. of 611 shares of First Merchants at 37.08 subject to Rule 16b-3 | ||
Sondhi Jason R over a month ago Acquisition by Sondhi Jason R of 802 shares of First Merchants at 28.23 subject to Rule 16b-3 | ||
Sondhi Jason R over two months ago Acquisition by Sondhi Jason R of 802 shares of First Merchants at 28.23 subject to Rule 16b-3 | ||
Brooks Susan W over three months ago Acquisition by Brooks Susan W of 814 shares of First Merchants at 27.82 subject to Rule 16b-3 | ||
Wojtowicz Jean L over six months ago Acquisition by Wojtowicz Jean L of 877 shares of First Merchants at 32.95 subject to Rule 16b-3 |
First Merchants Corporate Filings
F4 | 20th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Pair Trading with First Merchants
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Merchants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Merchants will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
Moving against First Stock
| 0.66 | WF | Woori Financial Group | PairCorr |
| 0.56 | TFC-PO | Truist Financial | PairCorr |
| 0.51 | TFC-PR | Truist Financial | PairCorr |
| 0.5 | CFG-PE | Citizens Financial | PairCorr |
The ability to find closely correlated positions to First Merchants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Merchants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Merchants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Merchants to buy it.
The correlation of First Merchants is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Merchants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Merchants moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Merchants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for First Stock Analysis
When running First Merchants' price analysis, check to measure First Merchants' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.