Insider Trading: Edward Mcgraw Unloaded 8,580 Shares of Renasant (RNST); Albion Financial Group Lifted Its Costco Wholesale (COST) Holding

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Albion Financial Group increased Costco Wholesale Corp (COST) stake by 967.19% reported in 2017Q4 SEC filing. Albion Financial Group acquired 12,854 shares as Costco Wholesale Corp (COST)’s stock declined 1.86%. The Albion Financial Group holds 14,183 shares with $2.64 million value, up from 1,329 last quarter. Costco Wholesale Corp now has $85.90B valuation. The stock increased 0.16% or $0.31 during the last trading session, reaching $195.76. About 1.30 million shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since May 14, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

The stock decreased 0.38% or $0.18 during the last trading session, reaching $47.16. About 129,269 shares traded. Renasant Corporation (NASDAQ:RNST) has risen 7.07% since May 14, 2017 and is uptrending. It has underperformed by 4.48% the S&P500.

Among 7 analysts covering Renasant (NASDAQ:RNST), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Renasant has $47.0 highest and $38 lowest target. $44.50’s average target is -5.64% below currents $47.16 stock price. Renasant had 21 analyst reports since October 22, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Friday, June 9. Sandler O’Neill upgraded the stock to “Buy” rating in Monday, April 2 report. The firm earned “Hold” rating on Monday, February 26 by Keefe Bruyette & Woods. On Thursday, April 28 the stock rating was upgraded by Hilliard Lyons to “Buy”. The stock has “Equal Weight” rating by Stephens on Thursday, October 22. Stephens maintained Renasant Corporation (NASDAQ:RNST) rating on Monday, January 29. Stephens has “Hold” rating and $47.0 target. The stock has “Buy” rating by Hilliard Lyons on Friday, February 9. Hovde Group maintained the stock with “Hold” rating in Thursday, January 18 report. Jefferies maintained it with “Hold” rating and $4400 target in Friday, August 11 report. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, May 26.

Renasant Corp Executive COB and an insider Edward Mcgraw in the last few days sold 8,580 company shares amounting to $404,890 at the average stock price which was $47.2. In the last month, he also unloaded 30,047 shares with a market value $1,396,736 USD. Because it was a huge one sell, it’s not likely to remain unseen one. Edward Mcgraw today owns 212,056 shares or 0.43% of the company’s market capitalization (total value of the shares outstanding). This sale was performed on 11/05/2018. A legal form which was filed with the SEC and obtainable for free here, shows more details of the sale.

Renasant Corporation operates as a bank holding firm for Renasant Bank, which provides various financial, fiduciary, and insurance services to retail and commercial customers. The company has market cap of $2.33 billion. It operates through three divisions: Community Banks, Insurance, and Wealth Management. It has a 24.06 P/E ratio. The Community Banks segment offers checking and savings, money market, individual retirement, and health savings accounts, as well as safe deposit and night depository facilities.

More news for Renasant Corporation (NASDAQ:RNST) were recently published by: Globenewswire.com, which released: “Market Trends Toward New Normal in City Office REIT, Malibu Boats, Vical, Renasant, Genocea Biosciences, and ..” on May 02, 2018. Seekingalpha.com‘s article titled: “Trustmark Bank: Not Ready After 129 Years” and published on April 18, 2018 is yet another important article.

Investors sentiment decreased to 0.98 in 2017 Q4. Its down 0.21, from 1.19 in 2017Q3. It dropped, as 64 investors sold COST shares while 442 reduced holdings. 134 funds opened positions while 364 raised stakes. 308.22 million shares or 1.23% more from 304.48 million shares in 2017Q3 were reported. Btc Capital Management reported 5,564 shares. Wcm Mgmt Ca, a California-based fund reported 495,572 shares. 2,400 are owned by Asset Mgmt Limited Liability. Royal Bancshares Of Canada holds 0.27% or 3.25M shares. Aureus Asset Mgmt holds 1.91% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 66,318 shares. Apg Asset Management Nv reported 1.10M shares. Mechanics Natl Bank Trust Department owns 32,354 shares. Patten Grp Incorporated invested 0.01% in Costco Wholesale Corporation (NASDAQ:COST). Intact Inv Mgmt Inc has 0.07% invested in Costco Wholesale Corporation (NASDAQ:COST) for 9,300 shares. Wealthcare Mngmt Limited holds 0% or 14 shares. Fund holds 0.03% or 28,454 shares in its portfolio. Court Place Limited Liability Company has 0.26% invested in Costco Wholesale Corporation (NASDAQ:COST). Fjarde Ap has 122,509 shares. Mengis Management owns 15,279 shares or 1.72% of their US portfolio. Peregrine Asset Advisers invested in 3.14% or 33,705 shares.

Albion Financial Group decreased At&T Inc. (NYSE:T) stake by 9,269 shares to 71,310 valued at $2.77 million in 2017Q4. It also reduced Pimco Enhanced Short Maturity (MINT) stake by 3,443 shares and now owns 4,425 shares. Hasbro Inc. (NASDAQ:HAS) was reduced too.

Among 32 analysts covering Costco Wholesale (NASDAQ:COST), 23 have Buy rating, 0 Sell and 9 Hold. Therefore 72% are positive. Costco Wholesale has $230.0 highest and $144.0 lowest target. $191.44’s average target is -2.21% below currents $195.76 stock price. Costco Wholesale had 127 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Hold” on Wednesday, September 30. The stock has “Outperform” rating by Credit Suisse on Thursday, December 8. The stock has “Buy” rating by Susquehanna on Thursday, April 12. Wells Fargo maintained it with “Hold” rating and $17000 target in Monday, June 26 report. On Friday, January 5 the stock rating was maintained by Tigress Financial with “Buy”. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by RBC Capital Markets on Thursday, June 29. On Thursday, August 3 the stock rating was maintained by Wells Fargo with “Hold”. The rating was maintained by Guggenheim on Friday, December 15 with “Hold”. Goldman Sachs upgraded the shares of COST in report on Wednesday, June 1 to “Buy” rating. Citigroup maintained the stock with “Neutral” rating in Friday, May 27 report.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: 247Wallst.com which released: “Volvo Offers Employee New Car Pricing to Costco Members” on May 04, 2018, also Nasdaq.com with their article: “Why Blue Apron Holding Inc Stock Sold Off Today” published on May 10, 2018, Nasdaq.com published: “Walmart Inc Chases Its Great White Whale to India” on May 10, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Nasdaq.com and their article: “Is Prime Really Beating Costco Wholesale Corporation?” published on April 24, 2018 as well as Seekingalpha.com‘s news article titled: “Costco – The Magical Warehouse” with publication date: April 17, 2018.

Since December 18, 2017, it had 0 insider buys, and 15 insider sales for $22.24 million activity. The insider Rose Timothy L. sold 5,000 shares worth $966,000. Vachris Roland Michael sold 5,200 shares worth $977,510. Shares for $2.41M were sold by Miller Russell D. 20,000 shares were sold by LIBENSON RICHARD M, worth $3.86M. On Monday, March 12 the insider MOULTON PAUL G sold $2.21M. 3,000 shares valued at $560,730 were sold by MEISENBACH JOHN W on Monday, April 2. On Friday, December 22 GALANTI RICHARD A sold $958,087 worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,000 shares.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart