On December 9, 2024, Patricia Kellerhals, Senior Vice President at Commerce Bancshares Inc (CBSH, Financial), sold 500 shares of the company. Following this transaction, the insider now owns 22,265 shares of the company. The details of this transaction can be found in the SEC Filing.
Commerce Bancshares Inc (CBSH) is a regional bank holding company that provides a full line of banking services, including personal banking, business banking, wealth management, and investment services. The company operates through its principal subsidiary, Commerce Bank, which has a network of branches across the Midwest.
The insider transaction history for Commerce Bancshares Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 46 insider sells over the same timeframe. Over the past year, Patricia Kellerhals has sold 7,591 shares in total and purchased 0 shares in total.
Shares of Commerce Bancshares Inc were trading for $68.55 apiece on the day of Patricia Kellerhals’s recent sale. This gives the stock a market cap of $9.199 billion. The price-earnings ratio is 18.68, which is higher than the industry median of 10.83 and higher than the company’s historical median price-earnings ratio.
With a price of $68.55 and a GuruFocus Value of $61.04, Commerce Bancshares Inc has a price-to-GF-Value ratio of 1.12. This means the stock is Modestly Overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
