In a filing, Commerce Bancshares, Inc revealed its Officer HEISE RICHARD W acquired Company’s shares for reported $0.12 million on Nov 22 ’24. In the deal valued at $73.35 per share,1,640 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Roller David L. sold 890 shares, generating $64,316 in total proceeds. Upon selling the shares at $72.27, the Senior Vice President now owns 30,949 shares.
Before that, Roller David L. bought 890 shares. Commerce Bancshares, Inc shares valued at $64,316 were divested by the Officer at a price of $72.27 per share.
Morgan Stanley downgraded its Commerce Bancshares, Inc [CBSH] rating to an Equal-weight from a an Overweight in a research note published on September 30, 2024; the price target was decreased to $64 from $66. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in mid April from “a Mkt perform” to “an Outperform”. BofA Securities began covering CBSH with “Neutral” recommendation on January 11, 2024. Morgan Stanley revised its rating on September 27, 2023. It rated CBSH as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of CBSH
On Friday, Commerce Bancshares, Inc [NASDAQ:CBSH] saw its stock jump 2.63% to $73.70. Over the last five days, the stock has gained 2.98%. Commerce Bancshares, Inc shares have risen nearly 37.99% since the year began. Nevertheless, the stocks have risen 55.36% over the past one year. While a 52-week high of $73.31 was reached on 11/22/24, a 52-week low of $47.19 was recorded on 02/13/24. SMA at 50 days reached $63.52, while 200 days put it at $58.08.
Levels Of Support And Resistance For CBSH Stock
The 24-hour chart illustrates a support level at 72.45, which if violated will result in even more drops to 71.21. On the upside, there is a resistance level at 74.38. A further resistance level may holdings at 75.07. The Relative Strength Index (RSI) on the 14-day chart is 74.38, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.42, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.02%. Stochastics %K at 88.62% indicates the stock is a selling.
How much short interest is there in Commerce Bancshares, Inc?
A steep rise in short interest was recorded in Commerce Bancshares, Inc stocks on 2024-10-31, growing by 0.82 million shares to a total of 2.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.35 million shares. There was a rise of 37.65%, which implies that there is a positive sentiment for the stock.
