FirstSun Capital Bancorp (NASDAQ:FSUN) Downgraded to Sell Rating by Wall Street Zen

FirstSun Capital Bancorp (NASDAQ:FSUN - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Saturday.

Separately, Stephens initiated 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 for the company. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, FirstSun Capital Bancorp currently has a consensus rating of "Moderate Buy" and an average price target of $46.00.

FirstSun Capital Bancorp Stock Down 0.3%

Shares of FSUN traded down $0.13 on Friday, reaching $37.43. The company's stock had a trading volume of 108,223 shares, compared to its average volume of 77,386. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.10. FirstSun Capital Bancorp has a twelve month low of $31.70 and a twelve month high of $45.32. The stock has a market capitalization of $1.04 billion and a PE ratio of 12.15. The firm has a fifty day moving average of $35.63 and a 200-day moving average of $37.44.

FirstSun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last posted its earnings results on Monday, April 28th. The company reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.04. The company had revenue of $97.40 million for the quarter, compared to analyst estimates of $99.11 million. FirstSun Capital Bancorp had a net margin of 15.84% and a return on equity of 9.34%. Equities analysts predict that FirstSun Capital Bancorp will post 3.6 EPS for the current year.

Insider Buying and Selling

In other news, Director John Fleshood purchased 2,000 shares of the business's stock in a transaction on Wednesday, May 7th. The stock was purchased at an average cost of $35.38 per share, with a total value of $70,760.00. Following the acquisition, the director directly owned 2,050 shares in the company, valued at approximately $72,529. This trade represents a 4,000.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 12.52% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC lifted its holdings in shares of FirstSun Capital Bancorp by 165.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 650 shares of the company's stock worth $26,000 after acquiring an additional 405 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of FirstSun Capital Bancorp during the 4th quarter worth $49,000. KLP Kapitalforvaltning AS bought a new stake in shares of FirstSun Capital Bancorp during the 1st quarter worth $69,000. Bank of America Corp DE lifted its holdings in shares of FirstSun Capital Bancorp by 4,306.6% during the 4th quarter. Bank of America Corp DE now owns 4,010 shares of the company's stock worth $161,000 after acquiring an additional 3,919 shares during the last quarter. Finally, EntryPoint Capital LLC bought a new stake in shares of FirstSun Capital Bancorp during the 4th quarter worth $220,000.

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.