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Top Executives Cash In Big with Recent Commerce Bancshares Stock Sales
Insider Trading

Top Executives Cash In Big with Recent Commerce Bancshares Stock Sales

New insider activity at Commerce Bancshares ( (CBSH) ) has taken place on February 6, 2025.

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Key executives at Commerce Bancshares have recently sold significant shares of the company’s stock. EVP John K Handy sold 6,828 shares valued at $456,396, while President & CEO John Kemper executed a larger transaction, selling 39,257 shares for $2,622,577. Additionally, SVP Patricia R Kellerhals parted with 2,577 shares worth $172,205, and SVP Derrick Brooks sold 203 shares amounting to $13,532.

Recent Updates on CBSH stock

Commerce Bancshares has experienced several positive developments recently, including a significant increase in its stock price targets by major financial institutions. BofA, Morgan Stanley, and Piper Sandler all raised their price targets for Commerce Bancshares, citing the company’s better-than-expected Q4 2024 earnings report, which showed an EPS of $1.01 against a consensus of $0.94. This performance was driven by higher revenue, leading to favorable EPS revisions. Additionally, Commerce Bancshares announced an increase in its quarterly dividend by 7%, reflecting strong financial health and a commitment to shareholder returns. The company’s focus on performance-based compensation for its executives further underscores its strategic efforts to align leadership incentives with corporate success.

More about Commerce Bancshares

YTD Price Performance: 9.23%

Average Trading Volume: 540,864

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $9.08B