Fourthstone LLC Buys Shares of 325,035 Firstsun Capital Bancorp (NASDAQ:FSUN)

Fourthstone LLC purchased a new position in Firstsun Capital Bancorp (NASDAQ:FSUN) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 325,035 shares of the company’s stock, valued at approximately $13,846,000. Firstsun Capital Bancorp accounts for 3.1% of Fourthstone LLC’s investment portfolio, making the stock its 9th biggest position. Fourthstone LLC owned approximately 1.17% of Firstsun Capital Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Charles Schwab Investment Management Inc. bought a new position in Firstsun Capital Bancorp during the third quarter valued at $2,816,000.

Analyst Upgrades and Downgrades

Separately, Raymond James raised shares of Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 target price on the stock in a research note on Tuesday, November 19th.

Firstsun Capital Bancorp Stock Down 0.5 %

Shares of NASDAQ:FSUN traded down $0.18 during trading on Thursday, reaching $38.52. The stock had a trading volume of 28,491 shares, compared to its average volume of 25,644. Firstsun Capital Bancorp has a one year low of $31.50 and a one year high of $43.80. 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 stock has a 50-day moving average of $39.37.

About Firstsun Capital Bancorp

FirstSun Capital Bancorp operates as a bank holding company for Sunflower Bank that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, and Arizona. The company offers deposit products, including noninterest bearing accounts, interest-bearing demand products, checking and savings accounts, money market and term certificate accounts, certificates of deposit, and treasury management products and services.