Published on 26 Nov 2023 on Simply Wall St. via Yahoo Finance
Following a 11% decline over last year, recent gains may please 1st Source Corporation (NASDAQ:SRCE)...
Key Insights
Given the large stake in the stock by institutions, 1st Source's stock price might be vulnerable to their trading decisionsA total of 9 investors have a majority stake in the company with 52% ownership 32% of 1st Source is held by insiders
Every investor in 1st Source Corporation (NASDAQ:SRCE) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 45% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).