Ned S. Holmes, an insider at Prosperity Bancshares Inc (PB), executed a significant sale of 104,692 shares on December 9, 2025, at a price of $70.37 per share, resulting in a total transaction value of $7.37 million. Following this sale, Holmes retains an equal number of shares in the company.
Prosperity Bancshares, headquartered in Houston, Texas, is a holding company that provides a range of financial products and services. The company operates approximately 283 full-service banking locations across the U.S. and employs 3,916 full-time staff. Its offerings include certificates of deposit, various loan products, digital banking solutions, and wealth management services.
Currently, Prosperity Bancshares boasts a market capitalization of $7.0 billion, with a price-to-earnings ratio of 13.10 and an earnings per share of 5.60. The company has a notable dividend yield of 328.9%. Looking ahead, analysts estimate earnings of $1.42 per share on revenue of $362.6 million for the upcoming earnings report on April 21, 2026.
Such insider sell transactions can occur for various reasons, including diversification or personal financial planning. While large sales may attract attention, they do not inherently signal negative sentiment towards the company. Investors are encouraged to consider insider activity in conjunction with broader market trends and other fundamental indicators.