Prosperity Bancshares (PB) Director S Sells $73K of Stock
Director Holmes Ned S sold 1,100 shares of Prosperity Bancshares on October 14, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Holmes Ned S, Director at Prosperity Bancshares, Inc. ($PB), sold 1,100 shares at an average price of $66.22, worth about $72,845.08, on October 14, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $PB is up 1.6% to date (from the $66.74 close on Oct 14, 2026).
PB
Prosperity Bancshares, Inc.
Key Points
- On October 14, 2026, director Holmes Ned S sold 1,100 shares of Prosperity Bancshares, Inc. for about $66.22 each, totaling roughly $72,845.
- The stock currently trades around $68.39, close to its 52-week high of $77.20, reflecting a strong position in the market.
- Analysts maintain a mixed outlook on the stock, with a consensus recommendation of 'hold' and a mean target price of $81.23.
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Director Holmes Ned S sold 1,100 shares of Prosperity Bancshares, Inc. (NYSE: PB) on October 14, 2026, for about $66.22 per share, totaling around $72,845. This transaction was planned and comes as the stock is trading at approximately $68.39, close to its 52-week high of $77.20.
Inside Holmes Ned S's Trade
Holmes Ned S's sale of 1,100 shares reduced his holdings, reflecting a move that may be aligned with personal financial planning or other strategic reasons. Following this trade, the director's holdings still represent a significant stake in the company.
Other Institutional Activity in Prosperity Bancshares, Inc.
Blackrock Inc. grew its holdings by 858,066 shares, ending with 10,225,601 shares worth about $691.8 million. Vanguard Portfolio Management LLC increased its position by 609,707 shares, bringing its total to 6,208,490 shares valued at approximately $420.0 million. State Street Corporation added 375,242 shares, totaling 5,466,720 shares worth about $369.8 million. These moves show continued institutional interest in Prosperity Bancshares.
Prosperity Bancshares, Inc. Stock Down 2.3%
The shares of Prosperity Bancshares are currently trading at about $68.39, just below their previous close of $70.02. The stock is performing well, sitting near its 52-week high of $77.20, which reflects investor confidence in the company's financial health as it operates in a stable financial services sector.
Recent Earnings
In its latest earnings report, Prosperity Bancshares reported revenue of approximately $1.39 billion, showcasing a revenue growth of 25.9%. The company also achieved an EPS of $5.77 and a net margin of 40.4%. The next earnings report is scheduled for November 4, 2026.
Analysts Set New Price Targets
On October 14, 2026, Cantor Fitzgerald maintained an 'Overweight' rating with a price target of $78.0, down from $85.0. RBC Capital also maintained their 'Sector Perform' rating with a target of $77.0, reduced from $80.0. Raymond James upgraded the stock to 'Outperform' with a $78.0 target on October 6, 2026, indicating a more favorable outlook.
About Prosperity Bancshares, Inc.
Prosperity Bancshares, Inc. operates as the bank holding company for Prosperity Bank, providing various financial products and services to both businesses and consumers. With a market capitalization of about $8.4 billion, it stands as a key player in the regional banking sector, headquartered in Houston, TX.
Bottom Line
Watch for further insider trades and upcoming earnings on November 4, 2026. This sale by Holmes Ned S reflects a planned strategy, and the recent 13F filings show continued interest from institutional investors, which could influence the stock's performance in the coming months.
Related Filing Alerts
Source: Holmes Ned S's Form 4 filing on $PB (Oct 14, 2026). Find the original filing: PB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts