59,421 Shares in CrossFirst Bankshares, Inc. (NASDAQ:CFB) Purchased by XTX Topco Ltd

XTX Topco Ltd acquired a new stake in CrossFirst Bankshares, Inc. (NASDAQ:CFB - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 59,421 shares of the company's stock, valued at approximately $992,000. XTX Topco Ltd owned approximately 0.12% of CrossFirst Bankshares at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. National Bank of Canada FI purchased a new position in shares of CrossFirst Bankshares during the 3rd quarter valued at $25,000. EP Wealth Advisors LLC purchased a new stake in CrossFirst Bankshares in the third quarter worth $211,000. Jane Street Group LLC boosted its position in shares of CrossFirst Bankshares by 55.8% in the 3rd quarter. Jane Street Group LLC now owns 102,126 shares of the company's stock worth $1,704,000 after purchasing an additional 36,562 shares in the last quarter. State Street Corp increased its holdings in shares of CrossFirst Bankshares by 10.2% during the third quarter. State Street Corp now owns 1,366,649 shares of the company's stock valued at $22,809,000 after acquiring an additional 126,096 shares in the last quarter. Finally, Point72 DIFC Ltd purchased a new stake in CrossFirst Bankshares during the 3rd quarter valued at $93,000. 56.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other CrossFirst Bankshares news, Director George Bruce acquired 100 shares of CrossFirst Bankshares stock in a transaction on Wednesday, October 30th. The shares were bought at an average price of $1,000.00 per share, with a total value of $100,000.00. Following the completion of the purchase, the director now owns 100 shares in the company, valued at $100,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 9.30% of the stock is owned by insiders.

CrossFirst Bankshares Stock Up 0.8 %

Shares of NASDAQ CFB traded up $0.14 during mid-day trading on Wednesday, reaching $17.41. The company had a trading volume of 205,428 shares, compared to its average volume of 243,594. The stock has a market capitalization of $858.57 million, a PE ratio of 11.84 and a beta of 1.06. CrossFirst Bankshares, Inc. has a twelve month low of $10.64 and a twelve month high of $19.22. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.97 and a current ratio of 0.97. The stock's 50 day moving average is $16.72 and its 200-day moving average is $16.12.

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.