UMB Bank n.a. Sells 10,000 Shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB)

UMB Bank n.a. lowered its stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 154,694 shares of the company’s stock after selling 10,000 shares during the period. UMB Bank n.a.’s holdings in CrossFirst Bankshares were worth $2,344,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. The Manufacturers Life Insurance Company boosted its stake in CrossFirst Bankshares by 7.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,687 shares of the company’s stock worth $248,000 after acquiring an additional 1,157 shares during the last quarter. National Bank of Canada FI acquired a new stake in CrossFirst Bankshares in the third quarter worth $25,000. Rhumbline Advisers boosted its position in shares of CrossFirst Bankshares by 2.6% during the second quarter. Rhumbline Advisers now owns 74,214 shares of the company’s stock worth $1,040,000 after purchasing an additional 1,895 shares in the last quarter. Kavar Capital Partners Group LLC grew its holdings in shares of CrossFirst Bankshares by 2.8% in the 3rd quarter. Kavar Capital Partners Group LLC now owns 126,750 shares of the company’s stock valued at $2,115,000 after buying an additional 3,510 shares during the period. Finally, Wedge Capital Management L L P NC raised its stake in CrossFirst Bankshares by 11.4% during the 4th quarter. Wedge Capital Management L L P NC now owns 44,186 shares of the company’s stock worth $669,000 after buying an additional 4,511 shares during the period. 56.29% of the stock is currently owned by institutional investors and hedge funds.

CrossFirst Bankshares Stock Up 3.0 %

NASDAQ:CFB opened at $15.24 on Tuesday. CrossFirst Bankshares, Inc. has a 1 year low of $10.64 and a 1 year high of $19.22. The stock has a 50-day moving average price of $16.26 and a two-hundred day moving average price of $16.57. The stock has a market cap of $751.48 million, a price-to-earnings ratio of 10.37 and a beta of 1.07. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.11.

Insider Activity at CrossFirst Bankshares

In related news, Director George Bruce bought 100 shares of CrossFirst Bankshares stock in a transaction that occurred on Wednesday, October 30th. The stock was purchased at an average cost of $1,000.00 per share, with a total value of $100,000.00. Following the purchase, the director now owns 100 shares in the company, valued at approximately $100,000. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 9.03% of the stock is owned by insiders.

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.