Insider Sale at Commerce Bancshares (CBSH) Continues Selling Trend

Wednesday, December 13, 2017 10:15 PM ET

Insider Sale at Commerce Bancshares (CBSH) Continues Selling Trend

One insider — Jonathan M Kemper, Director and Officer — today, sold 55,000 shares of Commerce Bancshares having a market value of approximately $3,028,102, as indicated in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 6,399 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 61,399 shares and have averaged 30,700 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Commerce Bancshares is above its 339-company peer group average. The Banks peer group saw 381 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by Commerce Bancshares insiders is lower than its peers. Within the peer group there were 158,762 shares purchased and 17,381,673 shares sold with company insiders disposing of 45,204 shares on average over this time period.

Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in creating and writing this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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