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 $252,000 were purchased by Kellerhals Patricia R on May 29 ’25. At $63.00 per share, Kellerhals Patricia R acquired 4,000 shares.
Also, Kellerhals Patricia R sold 1,000 shares, netting a total of over 65,620 in proceeds. Following the sale of shares at $65.62 each, the insider now holds 17,688 shares.
Before that, Kellerhals Patricia R had added 1,000 shares to its account. In a trade valued at $65,620, the Officer bought Commerce Bancshares, Inc shares for $65.62 each.
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 surge of approximately 0.11%. Over the course of the year, Commerce Bancshares, Inc shares have jumped approximately 1.52%. 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.
Support And Resistance Levels for Commerce Bancshares, Inc (CBSH)
According to the 24-hour chart, there is a support level at 62.73, which, if violated, would cause prices to drop to 62.20. In the upper region, resistance lies at 63.55. The next price resistance is at 63.84. RSI (Relative Strength Index) is 51.43 on the 14-day chart, showing neutral technical sentiment.
