D-Wave Quantum falls nearly 3% as earnings miss overshadows revenue beat
Director Jonathan A. Levy of Renasant Corp (NASDAQ:NYSE:RNST) recently purchased 2,000 shares of common stock in a transaction dated August 1, 2025. The shares were acquired at a price of $35.6443, amounting to a total transaction value of $71,288. The regional bank, currently valued at $3.4 billion, trades at 0.9 times book value and offers a 2.48% dividend yield. According to InvestingPro analysis, the company has maintained dividend payments for 33 consecutive years.
Following this transaction, Levy directly owns 8,286 shares of Renasant Corp. Levy also indirectly owns 12,025 shares through a Family Trust. With 5 analysts revising earnings upward for the upcoming period, InvestingPro subscribers can access additional insights and 3 more exclusive ProTips about RNST’s future prospects.
In other recent news, Renasant Corporation reported its second-quarter earnings for 2025, exceeding analysts’ expectations. The company achieved an earnings per share (EPS) of $0.69, slightly above the forecasted $0.68. Revenue also surpassed projections, reaching $267.19 million compared to the expected $264.05 million. Despite these positive financial results, Renasant’s stock experienced a decline in the latest trading session. Raymond (NSE:RYMD) James responded to the earnings report by raising its price target for Renasant to $44 from $40, while maintaining a Strong Buy rating. The firm highlighted that Renasant’s core pre-provision net revenue exceeded both its forecasts and consensus estimates. This performance came amid some noise related to Renasant’s acquisition of FBMS. These developments reflect Renasant’s ongoing financial performance and market dynamics.
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