16,000 Shares in Firstsun Capital Bancorp (NASDAQ:FSUN) Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp bought a new position in Firstsun Capital Bancorp (NASDAQ:FSUN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 16,000 shares of the company's stock, valued at approximately $641,000. OMERS ADMINISTRATION Corp owned approximately 0.06% of Firstsun Capital Bancorp as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FSUN. Stieven Capital Advisors L.P. bought a new stake in Firstsun Capital Bancorp in the fourth quarter worth approximately $18,743,000. Wellington Management Group LLP grew its position in Firstsun Capital Bancorp by 8.6% in the fourth quarter. Wellington Management Group LLP now owns 2,626,167 shares of the company's stock worth $105,178,000 after acquiring an additional 207,774 shares in the last quarter. Marshall Wace LLP grew its position in Firstsun Capital Bancorp by 1,721.6% in the fourth quarter. Marshall Wace LLP now owns 125,110 shares of the company's stock worth $5,011,000 after acquiring an additional 118,242 shares in the last quarter. Rhino Investment Partners Inc bought a new stake in Firstsun Capital Bancorp in the fourth quarter worth approximately $3,177,000. Finally, Susquehanna International Group LLP bought a new stake in shares of Firstsun Capital Bancorp during the 4th quarter worth $3,100,000.

Insider Activity at Firstsun Capital Bancorp

In other Firstsun Capital Bancorp news, Director John Fleshood acquired 2,000 shares of the company's stock in a transaction dated 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 purchase, the director now owns 2,050 shares in the company, valued at $72,529. This represents a 4,000.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Mollie H. Carter acquired 1,025,450 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average price of $37.06 per share, with a total value of $38,003,177.00. Following the purchase, the insider now owns 666,500 shares in the company, valued at approximately $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.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FSUN. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and set a $47.00 price objective (up from $46.00) on shares of Firstsun Capital Bancorp in a report on Monday, February 3rd. Stephens began coverage on shares of Firstsun Capital Bancorp in a report on Tuesday, May 6th. They set an "overweight" rating and a $44.00 price objective for the company. Finally, 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 price objective for the company.

Firstsun Capital Bancorp Stock Performance

Shares of NASDAQ FSUN traded down $0.21 during trading hours on Friday, hitting $35.39. 70,684 shares of the stock were exchanged, compared to its average volume of 59,588. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.03 and a quick ratio of 1.02. The company's 50 day moving average is $35.66 and its 200 day moving average is $38.24. The firm has a market capitalization of $985.01 million and a P/E ratio of 11.49. Firstsun Capital Bancorp has a one year low of $31.70 and a one year high of $45.32.

Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last released its earnings results on Monday, April 28th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.79 by $0.04. The firm had revenue of $97.40 million during the quarter, compared to analysts' expectations of $99.11 million. Firstsun Capital Bancorp had a net margin of 13.77% and a return on equity of 8.56%. 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.