Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Renasant Corp shares valued at $48,103 were sold by Hutcheson Kelly on Feb 21 ’25. At $36.72 per share, Hutcheson Kelly sold 1,310 shares. The insider’s holdings dropped to 17,586 shares worth approximately $0.56 million following the completion of this transaction.
Also, Hutcheson Kelly purchased 1,310 shares, netting a total of over 48,915 in proceeds.
Before that, CREEKMORE JOHN had sold 3,000 shares from its account. In a trade valued at $114,000, the Director traded Renasant Corp shares for $38.00 each. Upon closing the transaction, the insider’s holdings decreased to 3,000 shares, worth approximately $0.77 million.
As published in a research note from Raymond James on April 24, 2025, Renasant Corp [RNST] has been rated up from an Outperform to a Strong buy and the price target has been revised to $40. Analysts at Hovde Group downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in mid November. As of August 05, 2024, Piper Sandler has increased its “Neutral” rating to a “an Overweight” for RNST. Earlier on August 05, 2024, Hovde Group upgraded its rating. Their new recommendation was “an Outperform” for RNST stock which previously was a “a Market perform”.
Analyzing RNST Stock Performance
During the last five days, there has been a surge of approximately 14.64%. Over the course of the year, Renasant Corp shares have dropped approximately -10.21%. Shares of the company reached a 52-week high of $39.63 on 02/06/25 and a 52-week low of $26.97 on 04/09/25. A 50-day SMA is recorded $33.49, while a 200-day SMA reached $34.53.
Support And Resistance Levels for Renasant Corp (RNST)
According to the 24-hour chart, there is a support level at 31.36, which, if violated, would cause prices to drop to 30.63. In the upper region, resistance lies at 32.49. The next price resistance is at 32.89. RSI (Relative Strength Index) is 55.39 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.82, which suggests the price will increase in the coming days. Percent R is at 0.97%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
