FirstSun Capital Bancorp (NASDAQ:FSUN) Director Peter Murphy Buys 1,500 Shares

FirstSun Capital Bancorp (NASDAQ:FSUN) Director Peter Murphy bought 1,500 shares of FirstSun Capital Bancorp stock in a transaction dated Monday, March 16th. The stock was purchased at an average price of $35.28 per share, with a total value of $52,920.00. Following the completion of the purchase, the director owned 1,500 shares in the company, valued at $52,920. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

FirstSun Capital Bancorp Stock Up 0.5%

FSUN stock traded up $0.17 during trading on Thursday, reaching $34.92. 6,136 shares of the stock were exchanged, compared to its average volume of 151,926. The firm’s 50 day moving average is $38.21 and its 200 day moving average is $37.45. FirstSun Capital Bancorp has a twelve month low of $29.95 and a twelve month high of $42.34. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.03. The firm has a market cap of $974.99 million, a P/E ratio of 10.07 and a beta of 0.89.

FirstSun Capital Bancorp (NASDAQ:FSUN) last announced its quarterly earnings data on Monday, January 26th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.09. The firm had revenue of $110.18 million during the quarter, compared to analysts’ expectations of $108.20 million. FirstSun Capital Bancorp had a return on equity of 9.00% and a net margin of 17.19%. As a group, research analysts forecast that FirstSun Capital Bancorp will post 3.6 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have commented on FSUN shares. Weiss Ratings restated a “hold (c+)” rating on shares of FirstSun Capital Bancorp in a research note on Monday, December 29th. Keefe, Bruyette & Woods lifted their price objective on shares of FirstSun Capital Bancorp from $42.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Raymond James Financial reissued an “outperform” rating on shares of FirstSun Capital Bancorp in a research report on Tuesday, January 27th. Finally, Zacks Research upgraded shares of FirstSun Capital Bancorp from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, FirstSun Capital Bancorp currently has a consensus rating of “Buy” and an average target price of $43.33.

Hedge Funds Weigh In On FirstSun Capital Bancorp

Institutional investors have recently modified their holdings of the business. Dynamic Technology Lab Private Ltd bought a new stake in FirstSun Capital Bancorp during the second quarter worth $961,000. CreativeOne Wealth LLC bought a new position in FirstSun Capital Bancorp in the 2nd quarter valued at $503,000. Salzhauer Michael grew its stake in FirstSun Capital Bancorp by 45.1% in the 3rd quarter. Salzhauer Michael now owns 125,601 shares of the company’s stock valued at $4,872,000 after purchasing an additional 39,048 shares during the period. Geode Capital Management LLC increased its position in shares of FirstSun Capital Bancorp by 123.3% during the 2nd quarter. Geode Capital Management LLC now owns 297,908 shares of the company’s stock valued at $10,354,000 after purchasing an additional 164,507 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of FirstSun Capital Bancorp during the 2nd quarter worth $353,000.

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. The Mortgage Operations segment originates, sells, services, and manages market risk from changes in interest rates on one-to-four family residential mortgage loans to sell and hold. The company is founded on November 9, 1981 headquartered in Denver, CO.