Today, the Exec. VP & CCO of Commerce Bancshares Inc (CBSH), Daniel Callahan, sold shares of CBSH for $98.87K.
Following Daniel Callahan’s last CBSH Sell transaction on February 01, 2017, the stock climbed by 11.2%. In addition to Daniel Callahan, 2 other CBSH executives reported Sell trades in the last month.
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Based on Commerce Bancshares Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $352 million and quarterly net profit of $111 million. In comparison, last year the company earned revenue of $313 million and had a net profit of $73.7 million. CBSH’s market cap is $6.97B and the company has a P/E ratio of 17.12. Currently, Commerce Bancshares Inc has an average volume of 432.8K.
Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $66.75, reflecting a 0.8% upside.
The insider sentiment on Commerce Bancshares Inc has been negative according to 13 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Daniel Callahan’s trades have generated a -1.8% 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.
