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 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 $0.28 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 $4.85 million.
As published in a research note from Morgan Stanley on April 07, 2025, Commerce Bancshares, Inc [CBSH] has been rated up from an Underweight to an Equal-weight and the price target has been revised to $58. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid December. As of September 30, 2024, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for CBSH. Earlier on April 17, 2024, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for CBSH stock which previously was a “a Mkt perform”.
Analyzing CBSH Stock Performance
During the last five days, there has been a drop of approximately -2.52%. Over the course of the year, Commerce Bancshares, Inc shares have dropped approximately -9.82%. Shares of the company reached a 52-week high of $68.87 on 02/06/25 and a 52-week low of $52.69 on 04/07/25. A 50-day SMA is recorded $62.96, while a 200-day SMA reached $61.46.
Support And Resistance Levels for Commerce Bancshares, Inc (CBSH)
According to the 24-hour chart, there is a support level at 54.70, which, if violated, would cause prices to drop to 53.20. In the upper region, resistance lies at 57.72. The next price resistance is at 59.24. RSI (Relative Strength Index) is 35.90 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.03, which suggests the price will decrease in the coming days. Percent R is at 68.61%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
