1st Source Corp (SRCE): Vinod M Khilnani , director of 1st Source Corp purchased 1,000 shares on May 2, 2016. The Insider buying transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were purchased at $34.54 per share for a total value of $34,548.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 15, 2016, John B Griffith (Exec VP / Secy 1st Source Bank) sold 3,656 shares at $32.12 per share price.On Dec 14, 2015, Andrew W. Nickle (other) sold 600,000 shares at $29.74 per share price.Also, On Dec 14, 2015, Ernestine C. Nickle (other) sold 600,000 shares at $29.74 per share price.On Dec 14, 2015, Stanley Clark Carmichael (other) sold 600,000 shares at $29.74 per share price.
1st Source Corporation: On Wednesday, Apr 27, 2016 heightened volatility was witnessed in 1st Source Corporation which led to swings in the share price. The shares opened for trading at $34.3 and hit $34.55 on the upside , eventually ending the session at $34.5, with a gain of 0.32% or 0.11 points. The heightened volatility saw the trading volume jump to 55,053 shares. The 52-week high of the share price is $34.53 and the company has a market cap of $892 M . The 52-week low of the share price is at $27.01.
1st Source Corporation is a bank holding company. The Company through its subsidiaries provides a range of financial products and services. 1st Source Bank its banking subsidiary offers commercial and consumer banking services trust and investment management services and insurance to individual and business clients through around 80 banking center locations in 17 counties in Indiana and Michigan. Its Specialty Finance Group offers financing services for new and used private and cargo aircraft automobiles and light trucks for leasing and rental agencies medium and heavy duty trucks and construction equipment. It provides commercial small business agricultural and real estate loans to privately owned business clients located within its regional market area. It offers loans for a range of general corporate purposes including financing for industrial and commercial properties financing for equipment inventories and accounts receivable and acquisition financing.