CrossFirst Bankshares, Inc. (NASDAQ:CFB - Get Free Report) Director George Bruce bought 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, for a total transaction of $100,000.00. Following the acquisition, the director now owns 100 shares of the company's stock, valued at approximately $100,000. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
CrossFirst Bankshares Stock Performance
NASDAQ:CFB opened at $15.70 on Friday. CrossFirst Bankshares, Inc. has a fifty-two week low of $10.64 and a fifty-two week high of $19.22. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a market capitalization of $773.85 million, a PE ratio of 10.68 and a beta of 1.03. The business's 50-day simple moving average is $16.63 and its 200-day simple moving average is $15.23.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on CFB. Stephens reiterated an "overweight" rating and set a $17.00 price objective on shares of CrossFirst Bankshares in a report on Tuesday, July 16th. Keefe, Bruyette & Woods reiterated an "outperform" rating and set a $20.00 price objective on shares of CrossFirst Bankshares in a report on Wednesday, August 28th. Finally, 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. Four analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $18.50.
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Check Out Our Latest Stock Report on CFB
Institutional Investors Weigh In On CrossFirst Bankshares
Several institutional investors have recently bought and sold shares of CFB. Allspring Global Investments Holdings LLC lifted its stake in CrossFirst Bankshares by 9.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,828 shares of the company's stock valued at $178,000 after acquiring an additional 1,082 shares in the last quarter. Empowered Funds LLC lifted its stake in CrossFirst Bankshares by 8.2% in the 1st quarter. Empowered Funds LLC now owns 161,607 shares of the company's stock valued at $2,237,000 after acquiring an additional 12,217 shares in the last quarter. ClariVest Asset Management LLC bought a new stake in CrossFirst Bankshares in the 1st quarter valued at approximately $1,129,000. Russell Investments Group Ltd. bought a new stake in CrossFirst Bankshares in the 1st quarter valued at approximately $173,000. Finally, Prevail Innovative Wealth Advisors LLC bought a new stake in CrossFirst Bankshares in the 1st quarter valued at approximately $138,000. Institutional investors own 56.29% of the company's stock.
CrossFirst Bankshares Company Profile
(
Get 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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