Published on 23 Nov 2022 on Simply Wall St. via Yahoo Finance
If you want to know who really controls 1st Source Corporation (NASDAQ:SRCE), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 46% 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).
Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.
Let's delve deeper into each type of owner of 1st Source, beginning with the chart below.