Susquehanna International Group LLP Takes $3.10 Million Position in Firstsun Capital Bancorp (NASDAQ:FSUN)

Susquehanna International Group LLP bought a new position in Firstsun Capital Bancorp (NASDAQ:FSUN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 77,395 shares of the company's stock, valued at approximately $3,100,000. Susquehanna International Group LLP owned about 0.28% of Firstsun Capital Bancorp as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Geode Capital Management LLC bought a new position in Firstsun Capital Bancorp in the 3rd quarter valued at $3,066,000. Empowered Funds LLC acquired a new position in shares of Firstsun Capital Bancorp during the fourth quarter valued at $1,430,000. Barclays PLC bought a new position in Firstsun Capital Bancorp in the fourth quarter valued at about $336,000. Salzhauer Michael acquired a new stake in Firstsun Capital Bancorp in the fourth quarter worth about $2,024,000. Finally, Stieven Capital Advisors L.P. bought a new stake in Firstsun Capital Bancorp during the 4th quarter worth about $18,743,000.

Insiders Place Their Bets

In related news, insider Mollie H. Carter bought 1,025,450 shares of the company's stock in a transaction on Wednesday, March 12th. The shares were purchased at an average cost of $37.06 per share, for a total transaction of $38,003,177.00. Following the acquisition, the insider now owns 666,500 shares of the company's stock, valued at approximately $24,700,490. This represents a -285.68% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John Fleshood purchased 2,000 shares of the business's stock in a transaction on Wednesday, May 7th. The stock was bought at an average cost of $35.38 per share, for a total transaction of $70,760.00. Following the purchase, the director now owns 2,050 shares of the company's stock, valued at approximately $72,529. This represents a 4,000.00% 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 Trading Up 1.8%

NASDAQ:FSUN traded up $0.66 during trading hours on Monday, hitting $37.05. The stock had a trading volume of 31,644 shares, compared to its average volume of 56,242. The business's 50 day moving average is $36.04 and its 200-day moving average is $38.29. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.02 and a current ratio of 1.03. The company has a market cap of $1.03 billion and a price-to-earnings ratio of 12.01. 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 quarterly earnings data on Monday, April 28th. The company reported $0.83 EPS for the quarter, beating analysts' consensus estimates of $0.79 by $0.04. The business 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%. Sell-side analysts anticipate that Firstsun Capital Bancorp will post 3.6 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Piper Sandler initiated coverage on shares of Firstsun Capital Bancorp in a research note on Friday, February 21st. They issued an "overweight" rating and a $51.00 target price on the stock. Stephens assumed coverage on shares of Firstsun Capital Bancorp in a research note on Tuesday, May 6th. They issued an "overweight" rating and a $44.00 price objective on the stock. Finally, Keefe, Bruyette & Woods reiterated 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.

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.