Barclays PLC Invests $336,000 in Firstsun Capital Bancorp (NASDAQ:FSUN)

Barclays PLC bought a new stake in Firstsun Capital Bancorp (NASDAQ:FSUN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,400 shares of the company's stock, valued at approximately $336,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FSUN. Quantbot Technologies LP purchased a new stake in shares of Firstsun Capital Bancorp in the 4th quarter valued at $49,000. EntryPoint Capital LLC purchased a new stake in Firstsun Capital Bancorp in the fourth quarter valued at $220,000. King Luther Capital Management Corp acquired a new stake in Firstsun Capital Bancorp during the 4th quarter worth about $250,000. Empowered Funds LLC purchased a new position in shares of Firstsun Capital Bancorp during the 4th quarter valued at about $1,430,000. Finally, Salzhauer Michael acquired a new position in shares of Firstsun Capital Bancorp in the 4th quarter valued at about $2,024,000.

Insider Transactions at Firstsun Capital Bancorp

In other Firstsun Capital Bancorp news, Director John Fleshood acquired 2,000 shares of the business's stock in a transaction on Wednesday, May 7th. The stock was bought at an average price of $35.38 per share, for a total transaction of $70,760.00. Following the acquisition, the director now owns 2,050 shares in the company, valued at approximately $72,529. The trade was a 4,000.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Mollie H. Carter acquired 1,025,450 shares of Firstsun Capital Bancorp stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average price of $37.06 per share, for a total transaction of $38,003,177.00. Following the transaction, the insider now owns 666,500 shares of the company's stock, valued at $24,700,490. This represents a -285.68% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 12.52% of the company's stock.

Firstsun Capital Bancorp Price Performance

FSUN stock traded down $0.17 during mid-day trading on Thursday, reaching $36.66. 10,955 shares of the company's stock were exchanged, compared to its average volume of 57,310. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.03 and a quick ratio of 1.02. Firstsun Capital Bancorp has a 12-month low of $31.70 and a 12-month high of $45.32. The stock's 50 day moving average is $35.91 and its 200 day moving average is $38.24. The company has a market cap of $1.02 billion and a price-to-earnings ratio of 11.94.

Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.04. Firstsun Capital Bancorp had a net margin of 13.77% and a return on equity of 8.56%. The firm had revenue of $97.40 million during the quarter, compared to the consensus estimate of $99.11 million. On average, research analysts expect that Firstsun Capital Bancorp will post 3.6 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Stephens assumed coverage on Firstsun Capital Bancorp in a research report on Tuesday, May 6th. They set an "overweight" rating and a $44.00 price target for the company. Piper Sandler began coverage on shares of Firstsun Capital Bancorp in a report on Friday, February 21st. They set an "overweight" rating and a $51.00 target price for the company. Finally, Keefe, Bruyette & Woods reissued an "outperform" rating and set a $47.00 price target (up from $46.00) on shares of Firstsun Capital Bancorp in a report on Monday, February 3rd.

Firstsun Capital Bancorp Company Profile

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.