The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Commerce Bancshares, Inc shares valued at $15,479 were purchased by ROWE MARGARET M on Mar 06 ’25. At $61.92 per share, ROWE MARGARET M acquired 250 shares.
Also, KIM CHARLES G sold 13,493 shares, netting a total of over 914,245 in proceeds. Following the sale of shares at $67.76 each, the insider now holds 86,246 shares.
Before that, KIM CHARLES G had added 13,493 shares to its account. In a trade valued at $914,245, the Officer bought Commerce Bancshares, Inc shares for $67.76 each.
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 -3.32%. Over the course of the year, Commerce Bancshares, Inc shares have dropped approximately -0.56%. 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 $64.67, while a 200-day SMA reached $60.42.
Support And Resistance Levels for Commerce Bancshares, Inc (CBSH)
According to the 24-hour chart, there is a support level at 61.46, which, if violated, would cause prices to drop to 60.95. In the upper region, resistance lies at 62.36. The next price resistance is at 62.75. RSI (Relative Strength Index) is 33.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.88, which suggests the price will decrease in the coming days. Percent R is at 89.33%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
