In a filing, Renasant Corp revealed its EVP/Chief Accounting Officer Hutcheson Kelly unloaded Company’s shares for reported $48103.0 on Feb 21 ’25. In the deal valued at $36.72 per share,1,310 shares were sold. As a result of this transaction, Hutcheson Kelly now holds 17,586 shares worth roughly $0.64 million.
Then, Hutcheson Kelly bought 1,310 shares, generating $48,915 in total proceeds.
Before that, CREEKMORE JOHN sold 3,000 shares. Renasant Corp shares valued at $114,000 were divested by the Director at a price of $38.00 per share. As a result of the transaction, CREEKMORE JOHN now holds 24,057 shares, worth roughly $0.87 million.
Hovde Group downgraded its Renasant Corp [RNST] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in early August from “a Neutral” to “an Overweight”. Hovde Group also remained covering RNST and has increased its forecast on August 05, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Stephens revised its rating on July 31, 2024. It rated RNST as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of RNST
On Tuesday, Renasant Corp [NYSE:RNST] saw its stock jump 0.11% to $36.26. Over the last five days, the stock has lost -5.30%. Renasant Corp shares have risen nearly 1.43% since the year began. Nevertheless, the stocks have risen 16.70% over the past one year. While a 52-week high of $39.63 was reached on 02/06/25, a 52-week low of $27.98 was recorded on 01/10/25. SMA at 50 days reached $36.78, while 200 days put it at $33.95.
Levels Of Support And Resistance For RNST Stock
The 24-hour chart illustrates a support level at 35.97, which if violated will result in even more drops to 35.69. On the upside, there is a resistance level at 36.73. A further resistance level may holdings at 37.20. The Relative Strength Index (RSI) on the 14-day chart is 40.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.98%. Stochastics %K at 2.92% indicates the stock is a buying.
