In a filing, Commerce Bancshares, Inc revealed its Officer Kellerhals Patricia R acquired Company’s shares for reported $0.25 million on May 29 ’25. In the deal valued at $63.00 per share,4,000 shares were bought.
Then, Kellerhals Patricia R sold 1,000 shares, generating $65,620 in total proceeds. Upon selling the shares at $65.62, the Senior Vice President now owns 17,688 shares.
Before that, Kellerhals Patricia R bought 1,000 shares. Commerce Bancshares, Inc shares valued at $65,620 were divested by the Officer at a price of $65.62 per share.
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 0.23% to $60.82. Over the last five days, the stock has lost -4.24%. Commerce Bancshares, Inc shares have fallen nearly -2.39% since the year began. Nevertheless, the stocks have risen 18.37% over the past one year. While a 52-week high of $72.75 was reached on 02/06/25, a 52-week low of $49.97 was recorded on 04/07/25.
Levels Of Support And Resistance For CBSH Stock
The 24-hour chart illustrates a support level at 60.38, which if violated will result in even more drops to 59.93. On the upside, there is a resistance level at 61.59. A further resistance level may holdings at 62.35.
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.
