Insider Trading Alert - RNST, CZNC And IPGP Traded By Insiders

Yesterday, March 7, 2016, 102 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $19.20 to $9,281,506.50.

Highlighted Stocks Traded by Insiders:

Renasant (RNST) - FREE Research Report

Dorminey O Leonard, who is Executive Vice President at Renasant, sold 8,273 shares at $33.20 on March 7, 2016. Following this transaction, the Executive Vice President owned 39,149 shares meaning that the stake was reduced by 17.45% with the 8,273-share transaction.

The shares most recently traded at $32.85, down $0.35, or 1.07% since the insider transaction. Historical insider transactions for Renasant go as follows:

  • 4-Week # shares bought: 500
  • 4-Week # shares sold: 12,665
  • 12-Week # shares bought: 500
  • 12-Week # shares sold: 12,665
  • 24-Week # shares bought: 4,300
  • 24-Week # shares sold: 22,665

The average volume for Renasant has been 171,700 shares per day over the past 30 days. Renasant has a market cap of $1.3 billion and is part of the financial sector and banking industry. Shares are down 3.17% year-to-date as of the close of trading on Monday.

Renasant Corporation, through its subsidiaries, provides financial, fiduciary, and insurance services to retail and commercial customers. It operates through three segments: Community Banks, Insurance, and Wealth Management. The stock currently has a dividend yield of 2.04%. The company has a P/E ratio of 17.7. Currently, there are 4 analysts who rate Renasant a buy, no analysts rate it a sell, and 1 rates it a hold.

Exclusive Offer: Get the latest Stock Analysis on RNST - FREE

TheStreet Quant Ratings rates Renasant as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, expanding profit margins, growth in earnings per share and solid stock price performance. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Renasant Ratings Report from TheStreet Quant Ratings now.

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