Insiders Are Spending Big: 15 Stocks Leading in March

2. FirstSun Capital Bancorp (NASDAQ:FSUN)

Total Value of Insider Purchases in March: $38.00 million

Market Capitalization: $1.06 billion

FirstSun Capital operates as a bank holding company for Sunflower Bank providing commercial and consumer banking services in Texas, Kansas, Colorado, New Mexico, and Arizona. The Denver, Colorado-based company offers various deposit and loan products, wealth management, online banking, and trust services for small and medium-sized businesses and consumers.

For the full year 2024, FirstSun disclosed a net income of $75.6 million, or $2.69 per diluted share, compared to $103.5 million, or $4.08 per diluted share in 2023. The return on average total assets was 0.96% in 2024, compared to 1.38% in 2023, and the return on average stockholders’ equity was 7.56% in 2024, compared to 12.50% in 2023.

In March, one insider purchased a total of $38 million worth of FirstSun shares at a price of $37.06 per share. Year-to-date, the stock is down 4.72% trading at $38.16. Over the past 12 months, FirstSun shares gained 6.89%.

Three Wall Street analysts rate FirstSun Capital Bancorp a “Strong Buy,” with an average 12-month price target of $48.00. The average price target suggests 25.79% upside from its last price, according to TipRanks.