Commerce Bancshares, Inc’s recently made public that its Senior Vice President ROWE MARGARET M unloaded Company’s shares for reported $15479.0 on Mar 06 ’25. In the deal valued at $61.92 per share,250 shares were sold. As a result of this transaction, ROWE MARGARET M now holds 4,971 shares worth roughly $0.29 million.
Then, ROWE MARGARET M bought 250 shares, generating $15,479 in total proceeds.
Before that, KIM CHARLES G sold 13,493 shares. Commerce Bancshares, Inc shares valued at $914,245 were divested by the Exec. Vice President and CFO at a price of $67.76 per share. As a result of the transaction, KIM CHARLES G now holds 86,246 shares, worth roughly $5.04 million.
Morgan Stanley upgraded its Commerce Bancshares, Inc [CBSH] rating to an Equal-weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “a Mkt perform”. Morgan Stanley also remained covering CBSH and has decreased its forecast on September 30, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Raymond James revised its rating on April 17, 2024. It rated CBSH as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of CBSH
On Monday, Commerce Bancshares, Inc [NASDAQ:CBSH] saw its stock jump 2.67% to $58.40. Over the last five days, the stock has gained 4.57%. Commerce Bancshares, Inc shares have fallen nearly -6.28% since the year began. Nevertheless, the stocks have risen 18.47% over the past one year. While a 52-week high of $72.75 was reached on 02/06/25, a 52-week low of $48.49 was recorded on 04/07/25. SMA at 50 days reached $62.60, while 200 days put it at $61.52.
Levels Of Support And Resistance For CBSH Stock
The 24-hour chart illustrates a support level at 57.17, which if violated will result in even more drops to 55.95. On the upside, there is a resistance level at 59.15. A further resistance level may holdings at 59.91. The Relative Strength Index (RSI) on the 14-day chart is 44.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.79%. Stochastics %K at 40.06% 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 2025-03-31, growing by 0.36 million shares to a total of 2.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.3 million shares. There was a rise of 13.46%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 11, 2024 when BofA Securities began covering the stock and recommended ‘”a Neutral”‘ rating along with a $55 price target.
