Prosperity Bancshares (PB) Insider IV Buys 5,340 Shares
Insider Luedke William IV purchased 5,340 shares of Prosperity Bancshares, Inc. on July 1, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Luedke William IV bought 5,340 shares of Prosperity Bancshares, Inc. ($PB) on July 1, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $PB is down 4.0% after 1 week, up 2.0% after 1 month and down 6.8% to date (from the $72.75 close on Jul 1, 2026).
Key Points
- Luedke William IV bought 5,340 shares of Prosperity Bancshares, Inc. on July 1, 2026, as the stock trades at $73.03.
- Prosperity Bancshares has a P/E ratio of 12.1 and a market cap of approximately $8.4 billion.
- Analysts have mixed views on Prosperity Bancshares, with ratings ranging from 'Underweight' to 'Overweight' and a mean price target of $81.23.
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Insider Buying and Selling at Prosperity Bancshares, Inc.
Luedke William IV bought 5,340 shares of Prosperity Bancshares, Inc. (NYSE: PB) on July 1, 2026. The shares were valued at about $389,000 based on the trading price of $73.03 on that day. This purchase adds to Luedke's stake in the company, which operates in the financial services sector.
Previous Insider Activity
This purchase follows a recent sale by insider Ned Holmes, who sold 1,100 shares on June 17, 2026. His sale was valued at approximately $78,835 at an average price of $71.67. This pattern of trading among insiders suggests ongoing activity and interest in the stock, although it does not imply any specific future performance.
Analysts Set New Price Targets
Analysts have varying opinions on Prosperity Bancshares. On October 14, 2026, Cantor Fitzgerald maintained an 'Overweight' rating with a target price of $78. RBC Capital also maintained a 'Sector Perform' rating with a target of $77 on October 9, 2026. Meanwhile, Raymond James upgraded its rating to 'Outperform' with a target of $78 on October 6, 2026. This mixed sentiment reflects differing views on the bank's future performance.
Stock Performance Context
Shares of Prosperity Bancshares are currently trading at $73.03, which is near the midpoint of its 52-week range of $61.07 to $77.20. This positioning might indicate a stable outlook, particularly as the company has shown solid revenue growth of 25.9% year-over-year.
Recent Earnings
In its last earnings report, Prosperity Bancshares reported revenue of about $1.39 billion, with a net margin of 40.4%. The company's earnings per share (EPS) was $5.77. The next earnings date is set for November 4, 2026, which investors will be watching closely.
What Prosperity Bancshares, Inc. Does
Prosperity Bancshares, Inc. serves as a bank holding company for Prosperity Bank, providing a range of financial services to both businesses and consumers. The company offers various deposit products and loans, along with digital banking services. This insider purchase may signal confidence in the bank's ongoing operations and growth potential.
What's Ahead for Prosperity Bancshares, Inc.
As Prosperity Bancshares approaches its next earnings date, investors will be attentive to any further insider transactions and analyst updates. The recent 13F filings indicate ongoing interest from insiders, which could reflect their confidence in the company's direction. Analysts' mixed ratings will also be important to monitor as they adjust their targets in response to upcoming earnings results.
Source: Luedke William IV's Form 4 filing on $PB (Jul 1, 2026). Find the original filing: PB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
