FRMEFirst Merchants Corporation

$40.65+18% 1Y

What is the market doing?

Mixed

No clear lean: rangebound and insiders net selling (often routine).

3 neutral
TrendRangeboundderived · Oct 23, 2026

Choppy, but holding above its 200-day average. Price is +1% vs its 200-day average.

Insider conviction−$176K (90 days to Oct 22, 2026)SEC EDGAR · Oct 22, 2026

Insiders were net sellers over the 90 days ending Oct 22, 2026; selling is often routine (taxes, diversification).

Short interest4.0% of sharesFINRA · Sep 30, 2026

Moderately shorted, settled Sep 30, 2026, about a week of normal trading to cover. Up 2.1% since the previous count, up from 2.5% of shares outstanding three months ago.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

1-year returnmiddle of the market
vs 200-day avgmiddle of the market

Where this answer is blind. Insider selling is often routine (taxes, diversification); only cluster buying is a strong tell.

How FRME is trading

First Merchants Corporation is +18% over the past year while the S&P 500 is +16%: 2.4 points ahead of the market.

+18%

1-year return · S&P 500 +16%

vs 200-day average
+0.89%

vs 200-day average · close to trend

RSI (14)
59

RSI (14) · neutral

Below its 52-week high
10%

Below its 52-week high

Oct 15, 2024$32.37 – $45.25 · dashed line: 200-day averageOct 23, 2026
Details›
Last close2026-10-23
$40.65
1 monthS&P 500 −0.94%
+0.30%
1 yearS&P 500 +16%
+18%
5 yearsS&P 500 +86%
+14%
vs 50-day average$40.85
−0.50%
52-week high
$45.25
52-week low
$34.01
Annualised volatility
28%
Insider selling, net, 6 monthsForms 3/4/5 to 2026-10-22
$1.0M
Calendar-year price return
YearReturn
2026 (year to date)+10%
2025−2.5%
2024+12%
2023−5.8%
2022+1.1%
2021+15%
2020−6.9%
2019+25%
2018−17%
2017+14%
Average return by calendar month, 2016–2026
MonthYearsPositiveAverage
Jan108 of 10+2.1%
Feb104 of 10+0.60%
Mar104 of 10−4.6%
Apr104 of 10−1.5%
May104 of 10−0.68%
Jun107 of 10+1.6%
Jul117 of 11+4.4%
Aug115 of 11−0.75%
Sep113 of 11−2.2%
Oct116 of 11+2.3%
Nov108 of 10+8.6%
Dec106 of 10+1.9%

End-of-day closes from IEX; the S&P 500 comparison uses SPY over the same window. Prices are a reference point, not a basis for trading decisions.

Where the price stands

Its trend against the 50-day and 200-day averages, and the levels it keeps coming back to.

What it has returned

With dividends, year by year, month by month, and by calendar month on average.