EntryPoint Capital LLC Invests $220,000 in Firstsun Capital Bancorp (NASDAQ:FSUN)

EntryPoint Capital LLC bought a new stake in Firstsun Capital Bancorp (NASDAQ:FSUN) in the 4th quarter, Holdings Channel reports. The firm bought 5,481 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds and other institutional investors have also made changes to their positions in FSUN. Charles Schwab Investment Management Inc. bought a new position in shares of Firstsun Capital Bancorp in the 3rd quarter valued at about $2,816,000. Geode Capital Management LLC bought a new position in Firstsun Capital Bancorp during the third quarter worth about $3,066,000. Wellington Management Group LLP bought a new position in Firstsun Capital Bancorp during the third quarter worth about $103,024,000. State Street Corp bought a new stake in Firstsun Capital Bancorp in the third quarter valued at approximately $1,367,000. Finally, Empowered Funds LLC bought a new stake in Firstsun Capital Bancorp in the fourth quarter valued at approximately $1,430,000.

Wall Street Analyst Weigh In

Several research analysts have recently commented on FSUN shares. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $47.00 target price (up from $46.00) on shares of Firstsun Capital Bancorp in a report on Monday, February 3rd. Piper Sandler began coverage on shares of Firstsun Capital Bancorp in a report on Friday, February 21st. They issued an “overweight” rating and a $51.00 price objective on the stock.

Insiders Place Their Bets

In other Firstsun Capital Bancorp news, insider Mollie H. Carter bought 1,025,450 shares of the stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of $37.06 per share, with a total value of $38,003,177.00. Following the completion of the acquisition, the insider now owns 666,500 shares of the company’s stock, valued at $24,700,490. This trade represents a -285.68 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

Firstsun Capital Bancorp Trading Down 1.9 %

Firstsun Capital Bancorp stock opened at $37.75 on Friday. 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 has a 12 month low of $33.31 and a 12 month high of $45.32. The stock’s 50 day moving average is $40.24 and its 200-day moving average is $39.85.

Firstsun Capital Bancorp (NASDAQ:FSUN) last issued its quarterly earnings data on Monday, January 27th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. Firstsun Capital Bancorp had a return on equity of 8.56% and a net margin of 13.77%. As a group, sell-side analysts expect that Firstsun Capital Bancorp will post 3.6 EPS for the current fiscal year.

Firstsun Capital Bancorp 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.