Director Ned S. Holmes of Prosperity Bancshares Inc (NYSE: PB) sold a total of 1,100 shares of the company’s common stock on March 18, 2026, executing three separate transactions that together generated $70,714 in proceeds.
The disposals were recorded at weighted average prices between $64.2784 and $64.3028. Specifically, Holmes sold 500 shares at an average price of $64.2784, another 500 shares at an average of $64.29, and a final block of 100 shares at an average price of $64.3028.
At the time these transactions were noted, Prosperity Bancshares shares were trading at $63.88, a price point close to the 52-week low of $61.06. The stock carries a price-to-earnings ratio of 11.14 and yields 3.74% in dividends.
Following the March 18 sales, Holmes still holds substantial stakes in the company through various capacities. His direct ownership stands at 79,915 shares. He also has indirect interests comprising 97,193 shares through a profit sharing plan; 41,400 shares held in trust as trustee of the SSH trust for his adult daughter; 2,000 shares owned by his spouse; 8,820 shares held as trustee of a grandchildren’s trust; 3,720 shares held by a separate trust; and 70,070 shares held by a limited partnership.
Market-value and valuation context included in available analyses indicate that InvestingPro considers Prosperity Bancshares to be undervalued based on its Fair Value estimates. No further endorsement or subscription details are included here.
In other corporate developments, Prosperity Bancshares reported fourth-quarter 2025 earnings per share of $1.49, modestly exceeding the analyst estimate of $1.42. The company’s revenue for the quarter came in at $317.73 million, slightly below the anticipated $317.9 million. That revenue shortfall has been highlighted by market observers as a point of concern despite the EPS beat.
These disclosures - the insider sale and the quarterly results - form part of recent updates from Prosperity Bancshares. Investors and market participants will be watching for subsequent moves by management and the market’s reaction to reconcile the mixed signals from earnings and revenue figures.