Fermi Inc. (FRMI)
NasdaqGS · Price as of · Delayed Quote
- Profitability0/20
Losing money: $-480.9M net income over the last four reported quarters.
- Insider buying vs selling11/20
Insiders are sellers only: 11 sells worth $75.1M, no open-market buys, across the last 15 Form 4s. Routine executive selling is common, so this is only a mild negative. Separately, 2 new 5%+ stake disclosures (13D/13G) hit in the last 6 months, which is big-money accumulation.
- Dilution and offerings6/15
Share count up 4.3% in a year plus 4 offering-related filings. Real dilution. One nuance: offerings raise cash that can fund real growth. The score docks the certain near-term dilution; if the spending pays off, it shows up later in the profitability component.
- Analysts8
- Implied upside+211.4%
- Target range$6.00 to $35.00
- EPS expected-$0.07
- A year ago-$0.84
- Revenue expected$6.0M
- Estimate range-$0.13 to -$0.04
FRMI closed at $5.50 on Sep 11, down 27.6% since Aug 12. Chart read: price below both the 50-day and 200-day moving averages; the 50-day is below the 200-day (downtrend structure); trading at 3% of the 52-week range ($4.63 to $32.53).
Insider buying and selling at Fermi Inc. (FRMI)
The most recent Form 4 on record for Fermi Inc. (FRMI) is June 30, 2026, when James Richard Perry, Director, sold $6.3M of stock. Nothing in the filing ties this one to a pre-arranged plan, so it was the filer's own call.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| James Richard Perry · Director | Sell | $6.3M | June 30, 2026 | Worth a look |
| Blanes Jacobo Ortiz · Chief Operating Officer | Sell | $3.9M | April 8, 2026 | No decision |
| Miles E. Everson · Chief Financial Officer | Sell | $3.9M | April 8, 2026 | No decision |
| Charles Lynn Hamilton · Chief Site Development Officer | Sell | $3.7M | April 8, 2026 | No decision |
| Griffin Perry · 10% owner | Sell | $56.3M | March 30, 2026 | Red flag |
SEC filings
| Form | Filed | Description |
|---|---|---|
| PX14A6G | September 11, 2026 | NOTICE OF EXEMPT SOLICITATION |
| 3 | September 2, 2026 | View on EDGAR |
| 8-K | August 31, 2026 | CURRENT REPORT |
| 4 | August 27, 2026 | View on EDGAR |
| 4 | August 18, 2026 | View on EDGAR |
| 10-Q | August 14, 2026 | 10-Q FERMI SECOND QUARTER FORM 10-Q |
| SCHEDULE 13G/A | August 14, 2026 | View on EDGAR |
| 8-K | August 14, 2026 | CURRENT REPORT |
Articles that mention Fermi without it being the main subject.
Frequently asked questions
When does FRMI report earnings?
Fermi Inc. (FRMI) is scheduled to report quarterly results on November 9, 2026, before the open. The 3-analyst consensus is -$0.07 per share on revenue of $6.0M for the quarter ending September 30, 2026, against -$0.84 and $0.00 a year earlier.
What do analysts expect for FRMI?
8 analysts cover Fermi Inc. (FRMI). No consensus rating has been published. The average price target is $17.13, in a range of $6.00 to $35.00.
Are insiders buying or selling FRMI?
We track Form 4 filings for Fermi Inc. (FRMI). The activity listed on this page shows 5 qualifying sales. Each row is labelled Routine when the filer declared a pre-arranged 10b5-1 plan, Tax withholding when shares were sold automatically to cover the tax on a vest, or Own call when neither applies.
Where can I see FRMI SEC filings?
Recent filings are listed on this page, newest first. The latest is a PX14A6G filed September 11, 2026.