Hi,
moomoo ID:NaN
Log Out
ENGLISH
  • ENGLISH
  • 中文繁体
  • 中文简体
donwloadimg

Download App

Log in to access Online Inquiry

Commerce Bancshares, Inc. (NASDAQ:CBSH) Shares Sold by abrdn plc

Defense World ·  {{timeTz}}

abrdn plc lessened its holdings in shares of Commerce Bancshares, Inc. (NASDAQ:CBSH – Get Rating) by 3.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,313 shares of the financial services provider's stock after selling 236 shares during the period. abrdn plc's holdings in Commerce Bancshares were worth $529,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CBSH. National Bank of Canada FI bought a new stake in shares of Commerce Bancshares during the fourth quarter valued at approximately $29,000. Van ECK Associates Corp raised its holdings in shares of Commerce Bancshares by 19.1% during the fourth quarter. Van ECK Associates Corp now owns 2,276 shares of the financial services provider's stock valued at $156,000 after buying an additional 365 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Commerce Bancshares by 26.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 8,966 shares of the financial services provider's stock worth $616,000 after purchasing an additional 1,851 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Commerce Bancshares during the fourth quarter worth approximately $41,000. Finally, Commonwealth Equity Services LLC raised its holdings in Commerce Bancshares by 6.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 20,323 shares of the financial services provider's stock worth $1,397,000 after purchasing an additional 1,149 shares in the last quarter. Institutional investors own 67.85% of the company's stock.

Get Commerce Bancshares alerts:

Insiders Place Their Bets

In other Commerce Bancshares news, Director Blackford F. Brauer purchased 5,000 shares of the firm's stock in a transaction on Wednesday, July 27th. The shares were purchased at an average price of $68.87 per share, for a total transaction of $344,350.00. Following the completion of the transaction, the director now owns 16,027 shares in the company, valued at approximately $1,103,779.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders have acquired 15,000 shares of company stock worth $1,015,150. 3.20% of the stock is owned by insiders.

Commerce Bancshares Stock Performance

Commerce Bancshares stock opened at $70.37 on Thursday. The firm has a market cap of $8.50 billion, a price-to-earnings ratio of 18.18 and a beta of 0.80. Commerce Bancshares, Inc. has a 1 year low of $61.81 and a 1 year high of $74.72. The firm's 50 day moving average price is $67.08 and its two-hundred day moving average price is $69.12.

Commerce Bancshares (NASDAQ:CBSH – Get Rating) last posted its quarterly earnings results on Thursday, July 21st. The financial services provider reported $0.96 earnings per share ( EPS ) for the quarter, topping the consensus estimate of $0.95 by $0.01. The firm had revenue of $371.80 million for the quarter, compared to analyst estimates of $362.50 million. Commerce Bancshares had a net margin of 32.88% and a return on equity of 14.27%. The firm's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.38 earnings per share. As a group, equities analysts predict that Commerce Bancshares, Inc. will post 4.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CBSH has been the topic of several recent analyst reports. StockNews.com raised Commerce Bancshares from a "sell" rating to a "hold" rating in a report on Monday, July 18th. Jefferies Financial Group dropped their target price on Commerce Bancshares from $75.00 to $71.00 in a report on Monday, July 11th. Finally, DA Davidson boosted their target price on Commerce Bancshares to $71.00 in a report on Monday, July 25th.

Commerce Bancshares Profile

(Get Rating)

Commerce Bancshares, Inc operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth.

Recommended Stories

  • Get a free copy of the StockNews.com research report on Commerce Bancshares (CBSH)
  • Is it Time to Tap Molson Coors or Will Beer Sales Turn Flat?
  • There Are Different Types of Stock To Invest In
  • Is Starbucks Shooting For The Moon?
  • PayPal Continues To Struggle As Competition Increases
  • Two High-Yield Deep-Values You Shouldn't Ignore

Want to see what other hedge funds are holding CBSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Commerce Bancshares, Inc. (NASDAQ:CBSH – Get Rating).

Receive News & Ratings for Commerce Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerce Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal.


Moomoo is a financial information and trading app offered by Moomoo Techonologies Inc.


In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).


In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. ("Moomoo Financial SG") regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial SG is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.


In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.