1,211 Shares in Firstsun Capital Bancorp (NASDAQ:FSUN) Purchased by Quantbot Technologies LP

Quantbot Technologies LP acquired a new stake in Firstsun Capital Bancorp (NASDAQ:FSUN) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 1,211 shares of the company’s stock, valued at approximately $49,000.

Several other hedge funds also recently made changes to their positions in FSUN. Wellington Management Group LLP acquired a new stake in Firstsun Capital Bancorp during the third quarter valued at approximately $103,024,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Firstsun Capital Bancorp in the third quarter worth $42,772,000. Stieven Capital Advisors L.P. purchased a new position in shares of Firstsun Capital Bancorp during the fourth quarter valued at $18,743,000. Geode Capital Management LLC purchased a new stake in shares of Firstsun Capital Bancorp in the third quarter worth approximately $3,066,000. Finally, Charles Schwab Investment Management Inc. acquired a new stake in shares of Firstsun Capital Bancorp during the 3rd quarter valued at $2,816,000.

Analysts Set New Price Targets

A number of research firms have recently weighed in on FSUN. Piper Sandler assumed coverage on Firstsun Capital Bancorp in a research note on Friday, February 21st. They set an “overweight” rating and a $51.00 price target for the company. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $47.00 target price (up previously from $46.00) on shares of Firstsun Capital Bancorp in a research report on Monday, February 3rd.

Insider Activity

In related news, insider Mollie H. Carter acquired 1,025,450 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average price of $37.06 per share, for a total transaction of $38,003,177.00. Following the transaction, the insider now directly owns 666,500 shares of the company’s stock, valued at approximately $24,700,490. This trade represents a -285.68 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 12.52% of the stock is currently owned by corporate insiders.

Firstsun Capital Bancorp Trading Down 0.5 %

Shares of FSUN stock opened at $35.98 on Wednesday. Firstsun Capital Bancorp has a 12 month low of $33.31 and a 12 month high of $45.32. The stock has a 50 day moving average of $40.09 and a two-hundred day moving average of $39.74. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.28.

Firstsun Capital Bancorp (NASDAQ:FSUN) last issued its earnings results on Monday, January 27th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. Firstsun Capital Bancorp had a return on equity of 8.56% and a net margin of 13.77%. On average, research analysts expect that Firstsun Capital Bancorp will post 3.6 EPS for the current year.

About Firstsun Capital Bancorp

FirstSun Capital Bancorp engages in the provision of commercial banking services. It operates through the following segments: Banking, Mortgage Operations, and Corporate. The Banking segment consists of loans and provides deposits and fee-based services to consumer, business, and mortgage lending customers.