FIRST MERCHANTS ($FRME) posted quarterly earnings results for Q4 2025 on Monday, January 26th. The company reported earnings of $0.98 per share, beating estimates of $0.97 by $0.01. The company also reported revenue of $172,170,000, missing estimates of $176,591,784 by $-4,421,784.
You can see Quiver Quantitative's $FRME stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
FIRST MERCHANTS Insider Trading Activity
FIRST MERCHANTS insiders have traded $FRME stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $FRME stock by insiders over the last 6 months:
- STEPHAN FLUHLER (Chief Information Officer) sold 5,689 shares for an estimated $202,243
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
FIRST MERCHANTS Hedge Fund Activity
We have seen 136 institutional investors add shares of FIRST MERCHANTS stock to their portfolio, and 110 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AMERICAN CENTURY COMPANIES INC removed 538,704 shares (-47.8%) from their portfolio in Q3 2025, for an estimated $20,309,140
- CAPITAL INTERNATIONAL INVESTORS added 527,545 shares (+64.4%) to their portfolio in Q3 2025, for an estimated $19,888,446
- SCHRODER INVESTMENT MANAGEMENT GROUP removed 331,163 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $12,484,845
- FJ CAPITAL MANAGEMENT LLC added 294,718 shares (+inf%) to their portfolio in Q3 2025, for an estimated $11,110,868
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added 230,192 shares (+252.0%) to their portfolio in Q3 2025, for an estimated $8,678,238
- STRS OHIO removed 159,752 shares (-87.2%) from their portfolio in Q3 2025, for an estimated $6,022,650
- PROSHARE ADVISORS LLC added 147,704 shares (+84.2%) to their portfolio in Q3 2025, for an estimated $5,568,440
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
FIRST MERCHANTS Analyst Ratings
Wall Street analysts have issued reports on $FRME in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 10/27/2025
- Keefe, Bruyette & Woods issued a "Outperform" rating on 09/26/2025
To track analyst ratings and price targets for FIRST MERCHANTS, check out Quiver Quantitative's $FRME forecast page.
FIRST MERCHANTS Price Targets
Multiple analysts have issued price targets for $FRME recently. We have seen 3 analysts offer price targets for $FRME in the last 6 months, with a median target of $46.0.
Here are some recent targets:
- Nathan Race from Piper Sandler set a target price of $46.0 on 10/27/2025
- Terry McEvoy from Stephens & Co. set a target price of $46.0 on 09/29/2025
- Damon Delmonte from Keefe, Bruyette & Woods set a target price of $50.0 on 09/26/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.