Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Commerce Bancshares, Inc shares valued at $914,245 were sold by KIM CHARLES G on Feb 07 ’25. At $67.76 per share, KIM CHARLES G sold 13,493 shares. The insider’s holdings dropped to 86,246 shares worth approximately $5.53 million following the completion of this transaction.
Also, KIM CHARLES G purchased 13,493 shares, netting a total of over 914,245 in proceeds.
Before that, Roller David L. had sold 3,348 shares from its account. In a trade valued at $227,028, the Senior Vice President traded Commerce Bancshares, Inc shares for $67.81 each. Upon closing the transaction, the insider’s holdings decreased to 3,348 shares, worth approximately $1.99 million.
As published in a research note from Raymond James on December 19, 2024, Commerce Bancshares, Inc [CBSH] has been rated down from an Outperform to a Mkt perform. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in late September. As of April 17, 2024, Raymond James has increased its “Mkt perform” rating to a “an Outperform” for CBSH. Earlier on January 11, 2024, BofA Securities initiated its rating. Their recommendation was “a Neutral” for CBSH stock.
Analyzing CBSH Stock Performance
During the last five days, there has been a drop of approximately -1.25%. Over the course of the year, Commerce Bancshares, Inc shares have jumped approximately 2.86%. Shares of the company reached a 52-week high of $68.87 on 02/06/25 and a 52-week low of $60.41 on 01/10/25. A 50-day SMA is recorded $64.90, while a 200-day SMA reached $60.18.
Support And Resistance Levels for Commerce Bancshares, Inc (CBSH)
According to the 24-hour chart, there is a support level at 63.76, which, if violated, would cause prices to drop to 63.43. In the upper region, resistance lies at 64.71. The next price resistance is at 65.34. RSI (Relative Strength Index) is 41.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.38, which suggests the price will decrease in the coming days. Percent R is at 92.27%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
