Wintrust Financial vice chair sells $1.06M in shares

Richard B. Murphy, Vice Chair and Chief Lending Officer at Wintrust Financial Corp (NASDAQ:WTFC), sold 7,136 shares of the company’s common stock on October 22, 2026. The transactions amounted to approximately $1,060,837.

The shares were sold in multiple transactions at prices ranging from $147.95 to $148.78. Following these sales, Murphy directly owns 30,107 shares of Wintrust Financial Corp common stock.The insider sale comes as Wintrust shares trade at $150.77, up 18.55% over the past year. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value, though the company maintains a low P/E ratio of 11.53. InvestingPro subscribers have access to 7 additional exclusive tips about WTFC, plus comprehensive Pro Research Reports covering 1,400+ US equities with actionable intelligence.

In other recent news, Wintrust Financial reported another quarter of record profit for Q3 2026, surpassing Wall Street’s expectations on both earnings and revenue. The company’s net income increased to $239 million, with adjusted earnings per share at $3.37, exceeding the forecast of $3.31. Revenue reached $757.88 million, slightly higher than the estimated $754.99 million. This marks the seventh consecutive quarter of record net income for Wintrust Financial. In addition, DA Davidson reiterated its Buy rating for Wintrust Financial, maintaining a price target of $180.00. The firm highlighted the bank’s continued market share gains in the Midwest, along with stable net interest margin, expenses, and credit quality. These developments indicate strong performance and strategic positioning for Wintrust Financial.