50,759 Shares in CrossFirst Bankshares, Inc. (NASDAQ:CFB) Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd purchased a new stake in CrossFirst Bankshares, Inc. (NASDAQ:CFB) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 50,759 shares of the company’s stock, valued at approximately $848,000. Dynamic Technology Lab Private Ltd owned approximately 0.10% of CrossFirst Bankshares as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Russell Investments Group Ltd. acquired a new position in shares of CrossFirst Bankshares during the first quarter worth about $173,000. Vanguard Group Inc. boosted its position in CrossFirst Bankshares by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 2,268,832 shares of the company’s stock worth $31,401,000 after acquiring an additional 22,073 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of CrossFirst Bankshares by 18.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,920 shares of the company’s stock worth $179,000 after acquiring an additional 1,985 shares in the last quarter. Comerica Bank acquired a new stake in shares of CrossFirst Bankshares in the first quarter valued at approximately $181,000. Finally, Bank of New York Mellon Corp boosted its holdings in CrossFirst Bankshares by 7.2% during the second quarter. Bank of New York Mellon Corp now owns 206,934 shares of the company’s stock worth $2,901,000 after purchasing an additional 13,863 shares during the last quarter. Institutional investors and hedge funds own 56.29% of the company’s stock.

Insiders Place Their Bets

In related news, Director George Bruce acquired 100 shares of CrossFirst Bankshares stock in a transaction on Wednesday, October 30th. The stock was purchased at an average cost of $1,000.00 per share, with a total value of $100,000.00. Following the completion of the transaction, the director now directly owns 100 shares in the company, valued at $100,000. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 9.30% of the company’s stock.

Wall Street Analyst Weigh In

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

CrossFirst Bankshares Stock Performance

Shares of CFB stock opened at $17.57 on Thursday. The stock has a market cap of $866.46 million, a P/E ratio of 11.95 and a beta of 1.04. The company has a fifty day moving average price of $16.61 and a two-hundred day moving average price of $15.83. CrossFirst Bankshares, Inc. has a one year low of $10.64 and a one year high of $19.22. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.97 and a quick ratio of 0.97.

CrossFirst Bankshares Company Profile

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.