Denali Advisors LLC Makes New Investment in 1st Capital Bancorp $FISB

Denali Advisors LLC purchased a new position in 1st Capital Bancorp (OTCMKTS:FISB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 105,700 shares of the company’s stock, valued at approximately $3,576,000. Denali Advisors LLC owned about 1.89% of 1st Capital Bancorp as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of 1st Capital Bancorp during the second quarter valued at approximately $516,720,000. Deutsche Bank AG purchased a new position in shares of 1st Capital Bancorp in the second quarter worth $4,057,000. Finally, EJMK Ventures LLC purchased a new position in shares of 1st Capital Bancorp in the second quarter worth $383,000. 8.13% of the stock is currently owned by hedge funds and other institutional investors.

1st Capital Bancorp Price Performance

Shares of FISB opened at $14.00 on Thursday. The stock has a market capitalization of $78.47 million, a P/E ratio of 20.29 and a beta of 0.64. 1st Capital Bancorp has a twelve month low of $9.40 and a twelve month high of $14.00. The firm has a fifty day simple moving average of $14.00 and a two-hundred day simple moving average of $14.00.

1st Capital Bancorp Company Profile

1st Capital Bancorp is a bank holding company based in the United States and the parent of 1st Capital Bank. The institution focuses on providing commercial and consumer banking services to small and medium-sized businesses, individuals and nonprofit organizations.

Its product portfolio encompasses deposit accounts such as checking, savings and money market accounts, alongside lending solutions that include residential mortgages, business loans, lines of credit and equipment financing.