Today, a Director at Commerce Bancshares Inc (CBSH), David Kemper, sold shares of CBSH for $1.2M.
Following David Kemper’s last CBSH Sell transaction on April 20, 2017, the stock climbed by 7.1%. This is Kemper’s first transaction since reporting a Buy transaction on POST back in December 2017
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Based on Commerce Bancshares Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $359 million and quarterly net profit of $110 million. In comparison, last year the company earned revenue of $353 million and had a net profit of $93.25 million. CBSH’s market cap is $6.75B and the company has a P/E ratio of 16.03. Currently, Commerce Bancshares Inc has an average volume of 313.2K.
Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $61.67, reflecting a 1.8% upside.
The insider sentiment on Commerce Bancshares Inc has been negative according to 64 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
David Kemper’s trades have generated a -6.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Commerce Bancshares, Inc. operates as a bank holding company for Commerce Bank. It provides general banking services, such as retail, corporate, investment, trust, and asset management products and services to individuals and businesses. The company operates through the following business segments: Consumer, Commercial and Wealth.
