Charles Schwab Investment Management Inc. Invests $2.82 Million in Firstsun Capital Bancorp (NASDAQ:FSUN)

Charles Schwab Investment Management Inc. acquired a new position in Firstsun Capital Bancorp (NASDAQ:FSUN) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 66,102 shares of the company’s stock, valued at approximately $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 report on Tuesday, November 19th.

Firstsun Capital Bancorp Price Performance

FSUN stock opened at $42.85 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.02 and a current ratio of 1.03. Firstsun Capital Bancorp has a 12 month low of $33.00 and a 12 month high of $44.37. The firm has a 50-day moving average price of $38.88.

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.