The Executive COB of Renasant Corp (NASDAQ: RNST) is Selling Shares


Today, the Executive COB of Renasant Corp (NASDAQ: RNST), Edward Robinson Mcgraw, sold shares of RNST for $706.8K.

Following Edward Robinson Mcgraw’s last RNST Sell transaction on June 08, 2017, the stock climbed by 3.8%.

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Based on Renasant Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $134 million and quarterly net profit of $33.83 million. In comparison, last year the company earned revenue of $117 million and had a net profit of $23.97 million. RNST’s market cap is $2.27B and the company has a P/E ratio of 21.77. Currently, Renasant Corp has an average volume of 45.1K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $48.33, reflecting a -4.7% downside.

The insider sentiment on Renasant Corp has been negative according to 95 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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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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