An Insider at Renasant Corp (RNST) is Buying Shares


Today, an Insider at Renasant Corp (RNST), Fred Sharpe, bought shares of RNST for $35.45K.

Following this transaction Fred Sharpe’s holding in the company was increased by 7.89% to a total of $487.3K.

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Based on Renasant Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $156 million and quarterly net profit of $31.96 million. In comparison, last year the company earned revenue of $135 million and had a net profit of $26.42 million. RNST’s market cap is $2.08B and the company has a P/E ratio of 15.10. Currently, Renasant Corp has an average volume of 20.71K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $44.50, reflecting a 24.6% upside.

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Renasant Corp. is a bank holding company, which engages in the provision of financial, fiduciary, and insurance services through its the Renasant Bank. It operates through the following segments: Community Banks, Insurance, Wealth Management, and Other.

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