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FirstMerit Corp. (FMER) Chrm., Pres. & CEO Paul G Greig sells 1,500 Shares

Dec 23, 2011 | About:
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insider
Chrm., Pres. & CEO of FirstMerit Corp. (FMER) Paul G Greig sells 1,500 shares of FMER on 12/23/2011 at an average price of $15.49 a share.

Firstmerit Corp. has a market cap of $1.68 billion; its shares were traded at around $15.34 with a P/E ratio of 14.5 and P/S ratio of 2.2. The dividend yield of Firstmerit Corp. stocks is 4.1%.

This is the annual revenues and earnings per share of FMER over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of FMER.


CEO Recent Trades:


  • Chrm., Pres. & CEO Paul G Greig sold 10,000 shares of FMER stock on 12/20/2011 at the average price of 14.76. Paul G Greig owns at least 300,078 shares after this. The price of the stock has increased by 3.93% since.
  • Chrm., Pres. & CEO Paul G Greig sold 10,000 shares of FMER stock on 12/16/2011 at the average price of 14.56. Paul G Greig owns at least 310,078 shares after this. The price of the stock has increased by 5.36% since.

This is the insider trade history vs. stock price of FMER. For the complete insider trading history of FMER, click here.




Directors and Officers Recent Trades:


  • Director R Cary Blair bought 2,000 shares of FMER stock on 08/15/2011 at the average price of 12.66. R Cary Blair owns at least 41,236 shares after this. The price of the stock has increased by 21.17% since.
  • Director Terry L Haines bought 3,000 shares of FMER stock on 08/09/2011 at the average price of 12.62. Terry L Haines owns at least 90,014 shares after this. The price of the stock has increased by 21.55% since.
  • Director Terry L Haines bought 7,000 shares of FMER stock on 07/29/2011 at the average price of 14.56. Terry L Haines owns at least 87,014 shares after this. The price of the stock has increased by 5.36% since.
  • Executive Vice President Judith A Steiner sold 1,500 shares of FMER stock on 12/03/2011 at the average price of 14.53. Judith A Steiner owns at least 38,322 shares after this. The price of the stock has increased by 5.57% since.


For the complete insider trading history of FMER, click here.

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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