Director Jonathan M Kemper sold 19,626 shares of CBSH at $63.66 on 2024-07-22 for $1,249,334.24 total value.
Director Jonathan M Kemper sold 19,626 shares at $63.66 on 2024-07-22, reducing holdings by 1.9% from 1,016,738 to 997,112 shares. The sale occurred when CBSH was near its 52-week high of $58.05 (current price $57.77, -0.5% from peak). Kemper's cross-ticker track record shows a 100.00% well-timed rate on his 1 prior sell, and his prior CBSH sale on 2024-03-05 also proved well-timed with a 90-day return of -7.0%, suggesting a pattern of selling ahead of downturns. However, the stock has posted strong recent gains (+17.7% over 30 days, +14.9% over 90 days), and at a P/E of 15.91 with market cap of $7,483,297,608.50, the company appears fundamentally sound. The modest position reduction and proximity to all-time highs align with his demonstrated execution pattern, though the broader context of strong recent momentum and solid valuation metrics provides limited confirmatory urgency for a broad directional read.