Point72 DIFC Ltd Invests $93,000 in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Point72 DIFC Ltd purchased a new position in CrossFirst Bankshares, Inc. (NASDAQ:CFB) during the third quarter, HoldingsChannel reports. The firm purchased 5,548 shares of the company’s stock, valued at approximately $93,000.

Several other institutional investors also recently bought and sold shares of CFB. Dimensional Fund Advisors LP lifted its stake in shares of CrossFirst Bankshares by 10.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,870,785 shares of the company’s stock worth $26,228,000 after buying an additional 175,646 shares in the last quarter. American Century Companies Inc. lifted its position in CrossFirst Bankshares by 19.4% in the 2nd quarter. American Century Companies Inc. now owns 737,700 shares of the company’s stock valued at $10,343,000 after acquiring an additional 119,844 shares in the last quarter. Acadian Asset Management LLC bought a new position in CrossFirst Bankshares in the 2nd quarter valued at approximately $990,000. Dynamic Technology Lab Private Ltd purchased a new stake in CrossFirst Bankshares during the 3rd quarter valued at $848,000. Finally, AQR Capital Management LLC increased its holdings in shares of CrossFirst Bankshares by 38.9% in the 2nd quarter. AQR Capital Management LLC now owns 166,833 shares of the company’s stock worth $2,339,000 after purchasing an additional 46,711 shares in the last quarter. 56.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other CrossFirst Bankshares news, Director George Bruce acquired 100 shares of the stock in a transaction dated Wednesday, October 30th. The shares were purchased at an average price of $1,000.00 per share, for a total transaction of $100,000.00. Following the purchase, the director now directly owns 100 shares of the company’s stock, valued at approximately $100,000. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 9.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

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

CrossFirst Bankshares Trading Up 0.3 %

NASDAQ:CFB opened at $17.46 on Monday. The company has a market cap of $860.95 million, a PE ratio of 11.88 and a beta of 1.06. 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 50 day simple moving average of $16.68 and a two-hundred day simple moving average of $16.06. CrossFirst Bankshares, Inc. has a 12 month low of $10.64 and a 12 month high of $19.22.

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.