First Citizens BancShares Ranks 346th in Daily Trading Volume as Stock Surges 2.6 with Institutional Buys and 31.52 Strategy Return

On August 22, 2025, First Citizens BancShares (NASDAQ:FCNCA) closed with a 2.60% gain, trading at $1,901.42. The stock ranked 346th in trading volume for the day, with $310 million in shares exchanged. Institutional activity has intensified in recent quarters, with Level Four Advisory Services LLC increasing its stake by 4.7% to $9.39 million in Q1. Other institutional investors, including Guggenheim Capital LLC and CANADA LIFE ASSURANCE Co, also boosted holdings by 37.5% and 11.3% respectively in Q4. The bank’s insider activity further signaled confidence, as CEO Frank B. Holding acquired 600 shares at $1,698.75 apiece, while major shareholder Olivia Britton Holding increased her position by 30.18%.

Analyst activity has remained active, with Citigroup and JPMorgan Chase raising price targets to $2,050 and $2,250 respectively in recent months. Despite mixed institutional ownership changes, 78.01% of shares remain under hedge funds and institutional investors. The company’s financial metrics showed a 52-week high of $2,412.93 and a low of $1,473.62, with a 50-day moving average of $1,975.69. A quarterly dividend of $1.95 was announced for September 15, reflecting a 0.4% yield.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to present yielded a 31.52% total return with a 1-day average of 0.98%. While the Sharpe ratio of 0.79 indicated favorable risk-adjusted returns, the maximum drawdown of -29.16% underscored volatility during market downturns.