Commerce Bancshares, Inc’s recently made public that its Exec. Vice President and CFO KIM CHARLES G unloaded Company’s shares for reported $0.91 million on Feb 07 ’25. In the deal valued at $67.76 per share,13,493 shares were sold. As a result of this transaction, KIM CHARLES G now holds 86,246 shares worth roughly $ 5.67 million.
Then, KIM CHARLES G bought 13,493 shares, generating $914,245 in total proceeds.
Before that, Roller David L. sold 3,348 shares. Commerce Bancshares, Inc shares valued at $227,028 were divested by the Senior Vice President at a price of $67.81 per share. As a result of the transaction, Roller David L. now holds 31,055 shares, worth roughly $2.04 million.
Raymond James downgraded its Commerce Bancshares, Inc [CBSH] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in late September from “an Overweight” to “an Equal-weight”. Raymond James also remained covering CBSH and has increased its forecast on April 17, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. BofA Securities started covering the stock on January 11, 2024. It rated CBSH as “a Neutral”.
Price Performance Review of CBSH
On Friday, Commerce Bancshares, Inc [NASDAQ:CBSH] saw its stock fall -1.05% to $65.74. Over the last five days, the stock has lost -2.82%. Commerce Bancshares, Inc shares have risen nearly 5.50% since the year began. Nevertheless, the stocks have risen 37.81% over the past one year. While a 52-week high of $72.75 was reached on 02/06/25, a 52-week low of $47.79 was recorded on 01/10/25. SMA at 50 days reached $65.49, while 200 days put it at $59.72.
Levels Of Support And Resistance For CBSH Stock
The 24-hour chart illustrates a support level at 65.30, which if violated will result in even more drops to 64.85. On the upside, there is a resistance level at 66.63. A further resistance level may holdings at 67.51. The Relative Strength Index (RSI) on the 14-day chart is 48.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.13%. Stochastics %K at 30.56% indicates the stock is a holding.
How much short interest is there in Commerce Bancshares, Inc?
A steep rise in short interest was recorded in Commerce Bancshares, Inc stocks on 2025-01-31, growing by 0.12 million shares to a total of 2.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 2.53 million shares. There was a rise of 4.41%, which implies that there is a positive sentiment for the stock.
