Insider Selling: Prosperity Bancshares (NYSE:PB) Director Sells 600 Shares

18 Sep 2026, 17:08 by Michael Walen · The Markets Daily

Prosperity Bancshares, Inc. (NYSE:PB – Get Free Report) Director Ned Holmes sold 600 shares of Prosperity Bancshares stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $70.93, for a total value of $42,558.00. Following the transaction, the director directly owned 38,800 shares in the company, valued at approximately $2,752,084. This trade represents a 1.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Prosperity Bancshares Stock Performance

NYSE PB traded down $0.23 during trading on Friday, reaching $70.11. The company’s stock had a trading volume of 734,214 shares, compared to its average volume of 1,102,980. The business’s fifty day moving average price is $72.98 and its 200-day moving average price is $70.39. Prosperity Bancshares, Inc. has a twelve month low of $61.06 and a twelve month high of $77.20. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market cap of $7.07 billion, a price-to-earnings ratio of 12.14, a P/E/G ratio of 0.77 and a beta of 0.63.

Prosperity Bancshares (NYSE:PB – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The bank reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.12. The firm had revenue of $391.25 million for the quarter, compared to analysts’ expectations of $380.73 million. Prosperity Bancshares had a return on equity of 7.39% and a net margin of 29.95%.The firm’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.42 EPS. As a group, analysts anticipate that Prosperity Bancshares, Inc. will post 6.48 EPS for the current fiscal year.

Prosperity Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Tuesday, September 15th. Prosperity Bancshares’s dividend payout ratio (DPR) is 41.59%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Parkside Financial Bank & Trust increased its position in Prosperity Bancshares by 52.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 576 shares of the bank’s stock worth $42,000 after purchasing an additional 197 shares in the last quarter. SouthState Bank Corp acquired a new position in shares of Prosperity Bancshares in the 4th quarter valued at about $49,000. Global Retirement Partners LLC purchased a new stake in Prosperity Bancshares during the second quarter worth approximately $54,000. Eurizon Capital SGR S.p.A. purchased a new position in shares of Prosperity Bancshares in the 4th quarter valued at $55,000. Finally, Root Financial Partners LLC lifted its holdings in shares of Prosperity Bancshares by 310.6% during the 1st quarter. Root Financial Partners LLC now owns 1,162 shares of the bank’s stock valued at $78,000 after acquiring an additional 879 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on PB shares. TD Cowen increased their price objective on Prosperity Bancshares from $82.00 to $84.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Weiss Ratings upgraded shares of Prosperity Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 29th. Benchmark started coverage on shares of Prosperity Bancshares in a report on Wednesday, June 24th. They set a “hold” rating on the stock. Morgan Stanley lowered shares of Prosperity Bancshares from an “equal weight” rating to an “underweight” rating and set a $80.00 target price on the stock. in a research report on Tuesday, September 8th. Finally, Royal Bank Of Canada lifted their price target on shares of Prosperity Bancshares from $78.00 to $80.00 and gave the company a “sector perform” rating in a research report on Thursday, July 30th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $78.36.

Get Our Latest Stock Analysis on PB

Prosperity Bancshares Company Profile

(Get Free Report)

Prosperity Bancshares, Inc is a bank holding company headquartered in Houston, Texas. Through its principal subsidiary, Prosperity Bank, the company provides banking and financial services to individuals, businesses and institutions.

Prosperity Bank offers a range of deposit products, including checking, savings and time deposit accounts, along with consumer, residential mortgage, commercial and real estate lending. Its services also include treasury management, cash management, online and mobile banking, wealth management and other financial solutions designed for personal and business customers.