AlphaQuest LLC Takes $554,000 Position in Renasant Co. $RNST

AlphaQuest LLC purchased a new position in Renasant Co. (NASDAQ:RNST) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 15,030 shares of the financial services provider’s stock, valued at approximately $554,000.

A number of other hedge funds have also recently bought and sold shares of the business. Arizona State Retirement System increased its holdings in Renasant by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 28,114 shares of the financial services provider’s stock worth $1,037,000 after purchasing an additional 394 shares during the last quarter. New York State Common Retirement Fund increased its stake in shares of Renasant by 113.1% in the third quarter. New York State Common Retirement Fund now owns 733,356 shares of the financial services provider’s stock worth $27,054,000 after buying an additional 389,155 shares during the last quarter. Algebris UK Ltd. acquired a new stake in Renasant in the third quarter valued at $5,645,000. Y Intercept Hong Kong Ltd acquired a new stake in Renasant in the third quarter valued at $550,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Renasant by 28.6% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 113,947 shares of the financial services provider’s stock valued at $4,204,000 after acquiring an additional 25,372 shares during the last quarter. Institutional investors and hedge funds own 77.31% of the company’s stock.

Insiders Place Their Bets

In other Renasant news, CFO James C. Iv Mabry sold 12,500 shares of the firm’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $37.83, for a total value of $472,875.00. Following the sale, the chief financial officer directly owned 105,337 shares in the company, valued at approximately $3,984,898.71. This trade represents a 10.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Mark Jeanfreau sold 6,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $37.88, for a total transaction of $227,280.00. Following the transaction, the executive vice president owned 65,172 shares of the company’s stock, valued at $2,468,715.36. This represents a 8.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 2.81% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on RNST. TD Cowen reissued a “buy” rating on shares of Renasant in a research report on Thursday, January 29th. Hovde Group boosted their price objective on Renasant from $41.00 to $44.00 and gave the company an “outperform” rating in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $43.00.

More Renasant News

Here are the key news stories impacting Renasant this week:

• Positive Sentiment: Renasant reported solid Q4 2025 results — net income of $78.9M and an EPS beat (reported $0.91 vs. $0.80 consensus); management said it is optimizing the balance sheet, which supports near-term earnings confidence. Read More.
• Positive Sentiment: Analyst sentiment is turning more bullish — Zacks upgraded RNST to a #2 (Buy) and brokers (e.g., Hovde) have lifted price targets, providing potential upside from institutional interest. Read More.
• Neutral Sentiment: Analysts are parsing the earnings call: top questions focus on loan growth, deposit trends and margin outlook — key drivers for the next quarter but not immediately decisive. Read More.
• Negative Sentiment: CFO James Iv Mabry sold 12,500 shares (filed with the SEC); sizeable officer disposals can raise short-term concerns about insider conviction. Read More.
• Negative Sentiment: EVP Mark Jeanfreau sold 6,000 shares, and multiple recent insider sales amplify caution for some investors. Read More.
• Negative Sentiment: Revenue missed expectations materially (~$216M reported vs. ~$275M consensus), which tempers the EPS beat and could limit multiple expansion until top-line trends improve. Read More.

Renasant Stock Performance

Shares of RNST stock opened at $40.72 on Thursday. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average of $36.64 and a two-hundred day moving average of $36.55. Renasant Co. has a 52 week low of $26.97 and a 52 week high of $40.99. The company has a market cap of $3.87 billion, a P/E ratio of 12.45 and a beta of 0.99.

Renasant (NASDAQ:RNST) last announced its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. Renasant had a return on equity of 6.58% and a net margin of 17.91%.The business had revenue of $216.11 million for the quarter, compared to analysts’ expectations of $275.40 million. During the same period in the prior year, the firm earned $0.73 EPS. As a group, analysts anticipate that Renasant Co. will post 2.68 EPS for the current year.

Renasant Company Profile

Renasant Corporation is a financial holding company providing banking and related services through its primary subsidiary, Renasant Bank. With origins dating back to 1904 in Tupelo, Mississippi, the company offers a comprehensive suite of commercial and consumer banking products, including deposit accounts, lending and treasury management services. Renasant serves individuals, small businesses and corporate clients across the southeastern United States.

The company operates more than 110 banking offices across Mississippi, Alabama, Tennessee, Florida and Georgia, supplemented by a network of ATMs and digital platforms.