Dynamic Technology Lab Private Ltd Buys Shares of 50,759 CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Dynamic Technology Lab Private Ltd acquired a new position in CrossFirst Bankshares, Inc. (NASDAQ:CFB - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 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 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Quest Partners LLC lifted its stake in shares of CrossFirst Bankshares by 3,091.7% in the 3rd quarter. Quest Partners LLC now owns 8,107 shares of the company's stock valued at $135,000 after purchasing an additional 7,853 shares during the period. Russell Investments Group Ltd. purchased a new position in CrossFirst Bankshares during the first quarter valued at $173,000. FAS Wealth Partners Inc. bought a new stake in shares of CrossFirst Bankshares during the 2nd quarter valued at $177,000. Price T Rowe Associates Inc. MD grew its position in shares of CrossFirst Bankshares by 18.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,920 shares of the company's stock worth $179,000 after buying an additional 1,985 shares during the period. Finally, Comerica Bank bought a new position in shares of CrossFirst Bankshares in the 1st quarter worth about $181,000. 56.29% of the stock is currently owned by institutional investors.

Insider Activity at CrossFirst Bankshares

In other CrossFirst Bankshares news, Director George Bruce acquired 100 shares of the company's stock in a transaction that occurred on Wednesday, October 30th. The shares were bought 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 of the company's stock, valued at approximately $100,000. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 9.30% of the stock is owned by insiders.

CrossFirst Bankshares Stock Down 0.3 %

NASDAQ:CFB traded down $0.06 on Thursday, reaching $17.57. 136,379 shares of the stock traded hands, compared to its average volume of 245,158. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $866.46 million, a price-to-earnings ratio of 11.95 and a beta of 1.04. CrossFirst Bankshares, Inc. has a 12 month low of $10.64 and a 12 month high of $19.22. The company's fifty day simple moving average is $16.62 and its 200 day simple moving average is $15.84.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CFB shares. Keefe, Bruyette & Woods reissued an "outperform" rating and set a $20.00 price objective on shares of CrossFirst Bankshares in a research note on Wednesday, August 28th. Janney Montgomery Scott raised CrossFirst Bankshares from a "neutral" rating to a "buy" rating and set a $21.00 price target on the stock in a research report on Tuesday, September 10th.

CrossFirst Bankshares 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.