Carmen Murphy Sells 2,000 Shares of SRCE

On June 12, 2026, Carmen Murphy sold 2,000 shares of SRCE, a transaction that did not involve any monetary exchange as the shares were transferred under transaction code 'G'. This action was not part of a pre-planned trading program.

Insider Buying and Selling at 1st Source Corporation

Carmen Murphy's sale of 2,000 shares on June 12 was part of a series of insider activities. On the same day, Christopher Murphy III, the Executive Chairman, also sold 2,000 shares. Earlier in the month, on June 3, several insiders, including Ronda Shrewsbury and Mark Schwabero, purchased shares at $73.49 each.

Other Institutional Activity in SRCE

Institutional investors have been active in SRCE as well. 1st Source Bank increased its holdings by 9,927 shares, bringing its total to approximately 5.2 million shares valued at $358.5 million. BlackRock, Inc. reduced its position by 30,477 shares, leaving it with around 1.96 million shares worth about $135.9 million. Meanwhile, Dimensional Fund Advisors LP added 2,034 shares, resulting in a total of 1.47 million shares valued at $101.5 million. Vanguard Capital Management LLC made a significant move by acquiring 773,321 shares, matching its total share count.

Analysts Set New Price Targets

Analysts have been updating their views on SRCE. On April 27, 2026, Piper Sandler maintained its 'buy' rating with an increased price target of $88. DA Davidson, on the other hand, maintained a 'hold' rating with a $74 target as of January 28, 2026. These ratings reflect differing perspectives on the company's future performance.

Bottom Line

Carmen Murphy's recent sale of SRCE shares is part of ongoing insider and institutional activity surrounding the stock. Investors keep a close eye on such transactions for potential insights into company sentiment. It's important to remember that these filings reflect past actions and may not indicate current positions.