JPMorgan Chase & Co. decreased its position in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB - Free Report) by 17.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,859 shares of the company's stock after selling 20,404 shares during the quarter. JPMorgan Chase & Co. owned 0.20% of CrossFirst Bankshares worth $1,617,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. National Bank of Canada FI purchased a new position in CrossFirst Bankshares during the third quarter worth about $25,000. Point72 DIFC Ltd acquired a new position in CrossFirst Bankshares in the third quarter valued at $93,000. Quest Partners LLC increased its holdings 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 acquiring an additional 7,853 shares during the period. Centiva Capital LP purchased a new stake in CrossFirst Bankshares in the 3rd quarter valued at $176,000. Finally, EP Wealth Advisors LLC acquired a new stake in CrossFirst Bankshares during the 3rd quarter worth $211,000. Hedge funds and other institutional investors own 56.29% of the company's stock.
CrossFirst Bankshares Stock Performance
Shares of CFB stock traded down $0.03 during midday trading on Friday, hitting $15.19. The company had a trading volume of 346,583 shares, compared to its average volume of 215,006. The stock has a market cap of $749.02 million, a price-to-earnings ratio of 10.33 and a beta of 1.07. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.97 and a quick ratio of 0.97. The company's 50 day simple moving average is $16.13 and its 200 day simple moving average is $16.56. CrossFirst Bankshares, Inc. has a 52-week low of $10.64 and a 52-week high of $19.22.
Insider Transactions at CrossFirst Bankshares
In other news, Director George Bruce bought 100 shares of CrossFirst Bankshares stock in a transaction that occurred on Wednesday, October 30th. The shares were purchased at an average price of $1,000.00 per share, for a total transaction of $100,000.00. Following the completion of the acquisition, the director now owns 100 shares of the company's stock, valued at $100,000. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 9.30% of the company's stock.
About CrossFirst Bankshares
(
Free Report)
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.
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