Larry Myers Sells 10,000 Shares of FRME
Larry Myers sold 10,000 shares of FRME for $415,000 on June 11, 2026.
Key Points
- Larry Myers sold 10,000 shares of FRME at an average price of $41.5, totaling $415,000 on June 11, 2026.
- FRME shares traded near $42.09 with recent insider activity including buys by Mung Chiang and Clark Kellogg at $38.73.
- Analysts like Piper Sandler maintain a buy rating with a $49 price target as of February 4, 2026.
Larry Myers, an insider at FRME, sold 10,000 shares of the company on June 11, 2026. The shares were sold at an average price of $41.5, resulting in a total transaction value of $415,000. This sale was not part of a pre-planned trading program.
Insider Buying and Selling at FRME
Larry Myers has been active in trading FRME shares, with another sale of 10,000 shares on June 12, 2026, at an average price of $42.0. Earlier in the year, on February 26, 2026, Myers sold 5,000 shares at $41.5. Other insiders have shown interest in the stock as well. On March 31, 2026, Mung Chiang, Clark Kellogg, and Jason Sondhi bought 584, 584, and 605 shares, respectively, at $38.73.
Other Institutional Activity in FRME
Institutional investors have also been active in FRME. BlackRock, Inc. added 255,670 shares, bringing its total to 4,899,356 shares valued at approximately $189.8 million. Dimensional Fund Advisors LP increased its holdings by 277,977 shares, reaching a total of 3,596,017 shares worth about $139.3 million. Earnest Partners LLC, on the other hand, reduced its position by 54,782 shares, ending with 2,255,590 shares valued at $87.4 million.
Analysts Set New Price Targets
Analysts have been maintaining positive outlooks on FRME. On February 4, 2026, Piper Sandler maintained its buy rating and set a price target of $49. Keefe, Bruyette & Woods also maintained a buy rating with a $50 price target in September 2025. The consensus among analysts remains positive, with a recommendation leaning towards buying.
Bottom Line
Larry Myers' recent sale of FRME shares is part of ongoing insider activity at the company. Investors often watch insider transactions for insights, but these actions may not necessarily indicate future stock performance. Institutional investors continue to adjust their positions in FRME, reflecting diverse strategies. Analyst recommendations remain positive, suggesting confidence in the company's prospects.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.