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Insider Trends: Insider Disposition Eases Back 90-Day Buy Trend at Commerce Bancshares

· 02/05/2021 11:43

04:39 PM EST, 02/05/2021 (MT Newswires) -- Kevin G Barth, EVP, sold 5,396 shares of Commerce Bancshares (CBSH) on Feb 04, 2021, for $377,720. Subsequent to the Form 4 filing with the SEC, Barth controls a total of 120,378 shares of the company, with 57,896 shares held directly and 62,482 owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $8.49 million.

In the 90 days prior to the date of this filing, there have been 64 insider transactions reported to the SEC for Commerce Bancshares. These transactions came from the activities of 25 individual insiders that resulted in a net acquisition of 23,875 company shares. Relative to the preceding 90-day window of time, there were 18 transactions from 13 insiders which resulted in the net disposition of 29,280 shares.

This level of insider transactions is lower than the peer group average in the 394-company Banks peer group over the last 90-day period. Activity in the peer group averaged 97.0 transactions per company, with company insiders acquiring on average 7,237 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/22356/000112760221004181/xslF345X03/form4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.