Prosperity Bancshares (PB) Insider Ned Holmes Sells $79K of Stock

Ned Holmes recently sold 1,100 shares of Prosperity Bancshares, Inc. (NYSE:PB) on June 17, 2026. This planned transaction occurred at an average price of $71.67, totaling approximately $78,835.

Insider Buying and Selling at Prosperity Bancshares, Inc.

Ned Holmes has been active in selling shares of Prosperity Bancshares. This recent sale on June 17 follows several other planned sales in recent weeks, with Holmes selling the same amount of shares on various dates. Other insider activity includes Robert Steelhammer selling 1,500 shares on May 26, 2026, without a prearranged plan.

Other Institutional Activity in Prosperity Bancshares

Several institutional investors have also been active with Prosperity Bancshares. BlackRock, Inc. boosted its holdings by 464,967 shares, now holding 9,367,272 shares valued at about $629.29 million. AQR Capital Management LLC increased its position significantly by 1,722,429 shares, reaching a total of 6,323,144 shares worth approximately $422.07 million. Vanguard Portfolio Management LLC added 5,598,802 shares, bringing its total to 5,598,802 shares valued at $376.13 million. Meanwhile, State Street Corp reduced its holdings by 102,424 shares, resulting in 5,091,478 shares valued at $345.07 million.

Prosperity Bancshares, Inc. Stock Up 1.7%

Shares of Prosperity Bancshares, Inc. (NYSE:PB) traded near $70.78 recently. The company has a market capitalization of about $7.14 billion, a P/E ratio of 12.85, and a forward P/E of 9.81. The stock's 52-week low stands at $61.07, while its high is $77.20. Its 50-day moving average is $69.23, and the 200-day moving average is $68.64.

Recent Earnings

In its latest earnings report, Prosperity Bancshares reported revenue of approximately $1.31 billion, with a revenue growth of 19.9%. The company's net margin was 40.35%, and it achieved a return on equity of 6.73%. The next earnings announcement is expected on July 29, 2026.

Analysts Set New Price Targets

Analysts have been maintaining their ratings on Prosperity Bancshares. On May 4, 2026, Citigroup maintained a hold rating with a $74 price target. TD Cowen, on May 1, 2026, maintained a buy rating with a target of $79. Piper Sandler and Morgan Stanley also kept their hold and buy ratings, respectively, with targets of $75 and $83.

About Prosperity Bancshares

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas. It operates Prosperity Bank, which offers a range of financial products and services to individuals and businesses. These include various deposit accounts, mortgage and commercial loans, and consumer credit options. The company also provides digital banking, trust and wealth management, and other financial services. Led by CEO David E. Zalman, Prosperity Bancshares employs over 4,400 people.

Bottom Line

Ned Holmes's recent planned sale of shares in Prosperity Bancshares, Inc. is part of ongoing insider activity that investors track for insights into executive sentiment. The company's strong financials and analyst ratings suggest continued interest in its performance. Remember, insider sales like these are disclosed after the fact and don't necessarily indicate future stock performance.