Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Commerce Bancshares, Inc shares valued at $15,479 were sold by ROWE MARGARET M on Mar 06 ’25. At $61.92 per share, ROWE MARGARET M sold 250 shares. The insider’s holdings dropped to 4,971 shares worth approximately $0.31 million following the completion of this transaction.
Also, ROWE MARGARET M purchased 250 shares, netting a total of over 15,479 in proceeds.
Before that, KIM CHARLES G had sold 13,493 shares from its account. In a trade valued at $914,245, the Exec. Vice President and CFO traded Commerce Bancshares, Inc shares for $67.76 each. Upon closing the transaction, the insider’s holdings decreased to 13,493 shares, worth approximately $5.38 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 surge of approximately 4.46%. Over the course of the year, Commerce Bancshares, Inc shares have jumped approximately 0.05%. Shares of the company reached a 52-week high of $68.87 on 02/06/25 and a 52-week low of $58.81 on 03/13/25. A 50-day SMA is recorded $64.34, while a 200-day SMA reached $60.77.
Support And Resistance Levels for Commerce Bancshares, Inc (CBSH)
According to the 24-hour chart, there is a support level at 61.52, which, if violated, would cause prices to drop to 60.71. In the upper region, resistance lies at 63.14. The next price resistance is at 63.94. RSI (Relative Strength Index) is 46.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.21, which suggests the price will decrease in the coming days. Percent R is at 53.82%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
