New insider activity at Renasant ( (RNST) ) has taken place on February 25, 2025.
Kelly Hutcheson, the Executive Vice President and Chief Accounting Officer, has recently sold 1,310 shares of Renasant stock, amounting to a total value of $48,103.
Recent Updates on RNST stock
Renasant Corporation has recently made significant strides in its operations, as highlighted by its Q4 earnings call and strategic developments. The company reported strong financial performance with notable growth in loans and deposits, despite challenges such as decreased non-interest income and increased operational losses. The merger with The First Bancshares, Inc. is progressing well and is anticipated to enhance Renasant’s financial position by mid-2025. Analysts have adjusted price targets for Renasant’s stock, reflecting optimism about its robust earnings, effective cost management, and improved asset quality. These adjustments are driven by the company’s strategic initiatives, including the merger and enhancements in its ITM and ATM programs through a partnership with Atleos, which are expected to support ongoing growth and improve customer experiences.
More about Renasant
YTD Price Performance: 3.76%
Average Trading Volume: 538,050
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.33B