Quest Partners LLC Purchases 7,853 Shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Quest Partners LLC lifted its position in CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 3,091.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,107 shares of the company’s stock after acquiring an additional 7,853 shares during the quarter. Quest Partners LLC’s holdings in CrossFirst Bankshares were worth $135,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. purchased a new stake in CrossFirst Bankshares in the first quarter worth $173,000. FAS Wealth Partners Inc. purchased a new stake in CrossFirst Bankshares in the 2nd quarter valued at about $177,000. Price T Rowe Associates Inc. MD grew its stake in 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 acquiring an additional 1,985 shares in the last quarter. Comerica Bank purchased a new position in shares of CrossFirst Bankshares during the first quarter worth approximately $181,000. Finally, SG Americas Securities LLC bought a new stake in shares of CrossFirst Bankshares during the third quarter valued at approximately $256,000. 56.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at CrossFirst Bankshares

In other news, Director George Bruce purchased 100 shares of the business’s stock in a transaction on Wednesday, October 30th. The shares were acquired at an average cost 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 of the company’s stock, valued at $100,000. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 9.30% of the stock is owned by insiders.

CrossFirst Bankshares Stock Down 0.3 %

CrossFirst Bankshares stock opened at $17.57 on Friday. CrossFirst Bankshares, Inc. has a twelve month low of $10.64 and a twelve month high of $19.22. The business has a fifty day moving average of $16.62 and a two-hundred day moving average of $15.84. The firm has a market cap of $866.46 million, a P/E ratio of 11.95 and a beta of 1.04. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.11.

Analysts Set New Price Targets

CFB has been the topic of several research reports. Keefe, Bruyette & Woods restated an “outperform” rating and set a $20.00 price objective on shares of CrossFirst Bankshares in a 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 target on the stock in a research note 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.