Prosperity Bancshares Inc’s recent filing unveils that its Director HOLMES NED S unloaded Company’s shares for reported $38284.0 on Apr 09 ’25. In the deal valued at $63.81 per share,600 shares were sold. As a result of this transaction, HOLMES NED S now holds 46,300 shares worth roughly $3.05 million.
Then, HOLMES NED S sold 500 shares, generating $31,810 in total proceeds. Upon selling the shares at $63.62, the Director now owns 102,815 shares.
Before that, HOLMES NED S sold 600 shares. Prosperity Bancshares Inc shares valued at $42,528 were divested by the Director at a price of $70.88 per share. As a result of the transaction, HOLMES NED S now holds 46,400 shares, worth roughly $3.06 million.
BofA Securities upgraded its Prosperity Bancshares Inc [PB] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in early December from “an Outperform” to “a Peer perform”. DA Davidson also remained covering PB and has decreased its forecast on October 15, 2024 with a “Neutral” recommendation from previously “Buy” rating. Wedbush revised its rating on September 24, 2024. It rated PB as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of PB
On Tuesday, Prosperity Bancshares Inc [NYSE:PB] saw its stock jump 0.44% to $65.92. Over the last five days, the stock has gained 3.39%. Prosperity Bancshares Inc shares have fallen nearly -12.51% since the year began. Nevertheless, the stocks have risen 9.21% over the past one year. While a 52-week high of $86.75 was reached on 01/29/25, a 52-week low of $57.16 was recorded on 04/07/25. SMA at 50 days reached $72.82, while 200 days put it at $73.72.
Levels Of Support And Resistance For PB Stock
The 24-hour chart illustrates a support level at 65.42, which if violated will result in even more drops to 64.92. On the upside, there is a resistance level at 66.70. A further resistance level may holdings at 67.48. The Relative Strength Index (RSI) on the 14-day chart is 39.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.27%. Stochastics %K at 34.75% indicates the stock is a holding.
How much short interest is there in Prosperity Bancshares Inc?
A steep rise in short interest was recorded in Prosperity Bancshares Inc stocks on 2025-03-31, dropping by -0.14 million shares to a total of 1.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.54 million shares. There was a decline of -9.77%, which implies that there is a negative sentiment for the stock.
