Geode Capital Management LLC Purchases Shares of 71,922 Firstsun Capital Bancorp (NASDAQ:FSUN)

Geode Capital Management LLC purchased a new stake in shares of Firstsun Capital Bancorp (NASDAQ:FSUN) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 71,922 shares of the company’s stock, valued at approximately $3,066,000. Geode Capital Management LLC owned about 0.26% of Firstsun Capital Bancorp as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Wellington Management Group LLP purchased a new stake in Firstsun Capital Bancorp during the third quarter valued at approximately $103,024,000. Public Employees Retirement System of Ohio bought a new stake in shares of Firstsun Capital Bancorp during the 3rd quarter valued at $42,772,000. Fourthstone LLC purchased a new stake in shares of Firstsun Capital Bancorp in the 3rd quarter worth $13,846,000. Charles Schwab Investment Management Inc. bought a new position in Firstsun Capital Bancorp in the 3rd quarter worth $2,816,000. Finally, State Street Corp purchased a new position in Firstsun Capital Bancorp during the third quarter valued at $1,367,000.

Wall Street Analyst Weigh In

Separately, Raymond James upgraded Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 price target for the company in a research report on Tuesday, November 19th.

Firstsun Capital Bancorp Stock Performance

NASDAQ FSUN opened at $39.37 on Tuesday. Firstsun Capital Bancorp has a 12 month low of $33.00 and a 12 month high of $44.37. The business’s 50 day moving average price is $38.54. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.28.

Firstsun Capital Bancorp Profile

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.