This cluster is noise. The selling is too small relative to market cap to signal fundamental deterioration. Monitor future filings for larger insider moves, but no tradeable signal here.
Price Chart
Executive Summary
A cluster of three insiders at Farmers & Merchants Bancorp (FMAO) shows mixed activity: director Allen Gregory bought $10K worth of shares, while director Briggs Andrew sold $306K and EVP Gerken David sold $34K over the same window. Total insider selling of $340K represents about 0.07% of market cap — a trivial amount. The one buy of $10K is also immaterial. This cluster does not convey a clear directional signal and likely reflects routine portfolio adjustments.
Key Financial Metrics
Key Facts
- Three insiders traded in a 7-day window: 1 open-market buy ($10K) and 2 open-market sells totaling $340K
- Total sell value of $340K is ~0.07% of FMAO's $472M market cap — well below the 0.1% materiality threshold
- The $10K buy by Director Allen is also immaterial relative to market cap
- No C-suite executives participated — only one director and one EVP/CLO
Financial Impact
~$340K in total sales and $10K in buys — negligible relative to $472M market cap
Risk Factors
- Insider selling could escalate in size — watch for larger discloses in the next 30 days
- The director's buy is tiny and may be a rounding error — not a contrarian signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FMAO-1786083787636 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $36.54 $36.81 | ▲ +0.74% | ▲ +0.03% | $36.54 (+0.00%) |
Oct 22, 2026 4d ago | Press Release | $36.54 $36.81 | ▲ +0.74% | ▲ +0.03% | $36.54 (+0.00%) |
Sep 29, 2026 27d ago | Press Release | $34.62 $34.91 | ▲ +0.84% | ▲ +0.66% | $36.54 (+5.55%) |
Aug 14, 2026 10w ago | Insider Cluster | $35.11 $35.03 | ▼ −0.23% | ▲ +0.24% | $36.54 (+4.07%) |
Aug 12, 2026 10w ago | Insider Cluster | $35.33 $35.11 | ▼ −0.62% | ▼ −0.42% | $36.54 (+3.42%) |
Aug 7, 2026 11w ago | Insider Cluster | $34.38 $35.06 | ▲ +1.98% | ▲ +2.30% | $36.54 (+6.28%) |
Aug 6, 2026 11w ago | Insider Cluster | $34.67 $34.14 | ▼ −1.55% | ▼ −1.52% | $36.54 (+5.39%) |
Aug 5, 2026 11w ago | Insider Cluster | $34.04 $34.67 | ▲ +1.87% | ▲ +1.26% | $36.54 (+7.35%) |
Aug 3, 2026 12w ago | Insider Cluster | $34.52 $33.92 | ▲ +1.75% | ▲ +1.55% | $36.54 (−5.84%) |
Jul 27, 2026 13w ago | Press Release | $34.44 $35.07 | ▲ +1.83% | ▲ +3.37% | $36.54 (+6.10%) |
US Market Status
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