Insider Selling: Prosperity Bancshares (NYSE:PB) Director Sells $44,118.00 in Stock

Posted by Geri Gentry on Jul 1st, 2026

Prosperity Bancshares, Inc. (NYSE:PB – Get Free Report) Director Ned Holmes sold 600 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $73.53, for a total value of $44,118.00. Following the completion of the sale, the director owned 39,900 shares of the company’s stock, valued at approximately $2,933,847. This trade represents a 1.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Prosperity Bancshares Price Performance

NYSE:PB traded up $0.07 during trading hours on Wednesday, reaching $73.10. 1,951,064 shares of the company were exchanged, compared to its average volume of 1,140,715. The business has a 50 day moving average of $69.86 and a 200 day moving average of $70.01. Prosperity Bancshares, Inc. has a 1-year low of $61.06 and a 1-year high of $77.20. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market capitalization of $7.37 billion, a P/E ratio of 13.24, a P/E/G ratio of 1.13 and a beta of 0.64.

Prosperity Bancshares (NYSE:PB – Get Free Report) last released its earnings results on Wednesday, April 29th. The bank reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.09. Prosperity Bancshares had a return on equity of 7.20% and a net margin of 29.50%.The firm had revenue of $367.62 million during the quarter, compared to the consensus estimate of $358.60 million. During the same period in the prior year, the company posted $1.37 EPS. The company’s revenue was up 19.9% compared to the same quarter last year. Research analysts forecast that Prosperity Bancshares, Inc. will post 6.27 EPS for the current year.

Prosperity Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Monday, June 15th. Prosperity Bancshares’s dividend payout ratio is presently 43.48%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in PB. AQR Capital Management LLC increased its holdings in shares of Prosperity Bancshares by 175.1% during the second quarter. AQR Capital Management LLC now owns 2,383,162 shares of the bank’s stock worth $167,393,000 after buying an additional 1,516,939 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in shares of Prosperity Bancshares by 910.4% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,311,051 shares of the bank’s stock valued at $90,607,000 after acquiring an additional 1,181,295 shares in the last quarter. North Reef Capital Management LP boosted its holdings in shares of Prosperity Bancshares by 149.0% during the 1st quarter. North Reef Capital Management LP now owns 1,107,877 shares of the bank’s stock valued at $74,427,000 after acquiring an additional 662,877 shares in the last quarter. Artisan Partners Limited Partnership acquired a new stake in shares of Prosperity Bancshares during the 4th quarter valued at $44,822,000. Finally, Norges Bank bought a new stake in Prosperity Bancshares during the 4th quarter worth $37,645,000. Institutional investors own 80.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Morgan Stanley boosted their target price on shares of Prosperity Bancshares from $83.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday. Weiss Ratings cut shares of Prosperity Bancshares from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Piper Sandler boosted their price objective on shares of Prosperity Bancshares from $74.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Citigroup upped their target price on Prosperity Bancshares from $74.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $80.00 price target on shares of Prosperity Bancshares in a research note on Tuesday, June 23rd. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $76.82.

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Prosperity Bancshares Company Profile

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Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.