5,548 Shares in CrossFirst Bankshares, Inc. (NASDAQ:CFB) Bought by Point72 DIFC Ltd

Point72 DIFC Ltd acquired a new stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,548 shares of the company’s stock, valued at approximately $93,000.

Several other large investors have also recently modified their holdings of CFB. Hotchkis & Wiley Capital Management LLC boosted its holdings in CrossFirst Bankshares by 4.8% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 480,250 shares of the company’s stock valued at $8,015,000 after acquiring an additional 22,000 shares during the period. Centiva Capital LP purchased a new stake in shares of CrossFirst Bankshares during the third quarter valued at approximately $176,000. Verition Fund Management LLC purchased a new stake in shares of CrossFirst Bankshares during the third quarter valued at approximately $229,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of CrossFirst Bankshares by 18.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 104,751 shares of the company’s stock worth $1,748,000 after purchasing an additional 16,431 shares during the last quarter. Finally, Quantbot Technologies LP increased its stake in shares of CrossFirst Bankshares by 290,066.7% in the third quarter. Quantbot Technologies LP now owns 17,410 shares of the company’s stock worth $291,000 after buying an additional 17,404 shares during the period. Hedge funds and other institutional investors own 56.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on CFB shares. Janney Montgomery Scott raised shares of CrossFirst Bankshares from a “neutral” rating to a “buy” rating and set a $21.00 price target for the company in a research report on Tuesday, September 10th. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $20.00 target price on shares of CrossFirst Bankshares in a report on Wednesday, August 28th.

Insider Activity

In other news, Director George Bruce bought 100 shares of the firm’s stock in a transaction dated Wednesday, October 30th. The stock was purchased at an average price of $1,000.00 per share, with a total value of $100,000.00. Following the transaction, the director now owns 100 shares of the company’s stock, valued at approximately $100,000. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 9.30% of the company’s stock.

CrossFirst Bankshares Stock Performance

NASDAQ:CFB opened at $17.46 on Monday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.11. CrossFirst Bankshares, Inc. has a twelve month low of $10.64 and a twelve month high of $19.22. The stock has a market cap of $860.95 million, a P/E ratio of 11.88 and a beta of 1.06. The firm’s fifty day simple moving average is $16.68 and its 200 day simple moving average is $16.06.

About CrossFirst Bankshares

CrossFirst Bankshares, Inc operates as the bank holding company for CrossFirst Bank that provides various banking and financial services to businesses, business owners, professionals, and its personal networks. The company offers commercial and industrial loans, including enterprise value lending; commercial real estate loans; construction and development loans, such as home builder lending; residential real estate, multifamily real estate, energy, SBA, and consumer loans; and credit cards.