Prime Capital Investment Advisors LLC Trims Stock Holdings in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Prime Capital Investment Advisors LLC lessened its stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 11.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,865 shares of the company’s stock after selling 3,200 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in CrossFirst Bankshares were worth $398,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. EntryPoint Capital LLC lifted its stake in CrossFirst Bankshares by 182.8% during the 1st quarter. EntryPoint Capital LLC now owns 3,549 shares of the company’s stock worth $49,000 after acquiring an additional 2,294 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of CrossFirst Bankshares during the first quarter worth about $173,000. FAS Wealth Partners Inc. acquired a new stake in shares of CrossFirst Bankshares during the second quarter worth about $177,000. Allspring Global Investments Holdings LLC grew its holdings in shares of CrossFirst Bankshares by 9.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 12,828 shares of the company’s stock valued at $178,000 after purchasing an additional 1,082 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of CrossFirst Bankshares by 18.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 12,920 shares of the company’s stock valued at $179,000 after purchasing an additional 1,985 shares in the last quarter. 56.29% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director George Bruce acquired 100 shares of the business’s 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 acquisition, 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 acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 9.30% of the stock is owned by company insiders.

CrossFirst Bankshares Price Performance

CrossFirst Bankshares stock opened at $17.13 on Friday. 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 fifty day simple moving average of $16.55 and a 200-day simple moving average of $15.58. The stock has a market cap of $844.51 million, a P/E ratio of 11.65 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.

Analyst Ratings Changes

CFB has been the subject of several recent research reports. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $20.00 price target on shares of CrossFirst Bankshares in a research report on Wednesday, August 28th. Janney Montgomery Scott raised CrossFirst Bankshares from a “neutral” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Tuesday, September 10th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $18.50.

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.