38,100 Shares in Firstsun Capital Bancorp (NASDAQ:FSUN) Bought by Two Sigma Investments LP

Two Sigma Investments LP purchased a new position in Firstsun Capital Bancorp (NASDAQ:FSUN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 38,100 shares of the company's stock, valued at approximately $1,526,000. Two Sigma Investments LP owned approximately 0.14% of Firstsun Capital Bancorp as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Wellington Management Group LLP grew its stake in Firstsun Capital Bancorp by 8.6% during the fourth quarter. Wellington Management Group LLP now owns 2,626,167 shares of the company's stock worth $105,178,000 after buying an additional 207,774 shares during the last quarter. Vanguard Group Inc. grew its stake in Firstsun Capital Bancorp by 12.0% during the fourth quarter. Vanguard Group Inc. now owns 534,193 shares of the company's stock worth $21,394,000 after buying an additional 57,058 shares during the last quarter. Stieven Capital Advisors L.P. bought a new stake in Firstsun Capital Bancorp during the fourth quarter worth about $18,743,000. Marshall Wace LLP grew its stake in Firstsun Capital Bancorp by 1,721.6% during the fourth quarter. Marshall Wace LLP now owns 125,110 shares of the company's stock worth $5,011,000 after buying an additional 118,242 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Firstsun Capital Bancorp by 60.7% during the fourth quarter. Geode Capital Management LLC now owns 115,577 shares of the company's stock worth $4,631,000 after buying an additional 43,655 shares during the last quarter.

Firstsun Capital Bancorp Trading Up 1.0%

NASDAQ FSUN traded up $0.34 during trading hours on Friday, hitting $34.89. The company's stock had a trading volume of 89,763 shares, compared to its average volume of 61,723. The stock has a fifty day moving average of $35.19 and a 200 day moving average of $38.17. Firstsun Capital Bancorp has a twelve month low of $31.70 and a twelve month high of $45.32. The firm has a market capitalization of $971.09 million and a P/E ratio of 11.33. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.28.

Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The company reported $0.83 earnings per share for the quarter, beating 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 business had revenue of $97.40 million for the quarter, compared to analyst estimates of $99.11 million. Equities research analysts forecast that Firstsun Capital Bancorp will post 3.6 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on FSUN shares. Piper Sandler started coverage on shares of Firstsun Capital Bancorp in a research note on Friday, February 21st. They set an "overweight" rating and a $51.00 price target on the stock. Stephens started coverage on shares of Firstsun Capital Bancorp in a research note on Tuesday, May 6th. They set an "overweight" rating and a $44.00 price target on the stock.

Insider Activity at Firstsun Capital Bancorp

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

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.