CrossFirst Bankshares, Inc. (NASDAQ:CFB) Shares Sold by Martingale Asset Management L P

Martingale Asset Management L P reduced its stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 3.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 103,246 shares of the company’s stock after selling 3,400 shares during the quarter. Martingale Asset Management L P’s holdings in CrossFirst Bankshares were worth $1,723,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CFB. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in CrossFirst Bankshares by 18.6% during 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 buying an additional 16,431 shares during the period. Quantbot Technologies LP increased its holdings in shares of CrossFirst Bankshares by 290,066.7% in the 3rd quarter. Quantbot Technologies LP now owns 17,410 shares of the company’s stock valued at $291,000 after acquiring an additional 17,404 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in CrossFirst Bankshares in the 3rd quarter valued at $848,000. Charles Schwab Investment Management Inc. boosted its stake in CrossFirst Bankshares by 2.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 355,505 shares of the company’s stock worth $5,933,000 after purchasing an additional 7,823 shares during the period. Finally, Quest Partners LLC grew its position in CrossFirst Bankshares by 3,091.7% during the 3rd quarter. Quest Partners LLC now owns 8,107 shares of the company’s stock worth $135,000 after purchasing an additional 7,853 shares during the last quarter. 56.29% of the stock is owned by hedge funds and other institutional investors.

CrossFirst Bankshares Stock Down 1.5 %

CFB stock opened at $17.31 on Monday. The stock has a market capitalization of $853.64 million, a PE ratio of 11.78 and a beta of 1.04. The company has a fifty day moving average of $16.61 and a 200-day moving average of $15.90. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.97 and a current ratio of 0.97. CrossFirst Bankshares, Inc. has a one year low of $10.64 and a one year high of $19.22.

Insider Buying and Selling

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 purchased at an average price of $1,000.00 per share, with a total value of $100,000.00. Following the completion of the acquisition, the director now directly owns 100 shares of the company’s stock, valued at approximately $100,000. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 9.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CFB has been the subject of a number of research reports. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $20.00 target price on shares of CrossFirst Bankshares in a report on Wednesday, August 28th. Janney Montgomery Scott raised CrossFirst Bankshares from a “neutral” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Tuesday, September 10th.

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.