The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Prosperity Bancshares Inc shares valued at $42,532 were sold by HOLMES NED S on May 21 ’25. At $70.89 per share, HOLMES NED S sold 600 shares. The insider’s holdings dropped to 45,700 shares worth approximately $3.19 million following the completion of this transaction.
Also, HOLMES NED S sold 500 shares, netting a total of over 35,453 in proceeds. Following the sale of shares at $70.91 each, the insider now holds 101,415 shares.
Before that, HOLMES NED S had added 15,400 shares to its account. In a trade valued at $1,098,944, the Director bought Prosperity Bancshares Inc shares for $71.36 each.
As published in their initiating research note from Jefferies on May 21, 2025, Prosperity Bancshares Inc [PB] has been a Buy and the price target has been revised to $85. Analysts at Hovde Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in late April. As of January 07, 2025, BofA Securities has increased its “an Underperform” rating to a “Neutral” for PB. Earlier on December 05, 2024, Wolfe Research downgraded its rating. Their new recommendation was “a Peer perform” for PB stock which previously was a “an Outperform”.
Analyzing PB Stock Performance
During the last five days, there has been a drop of approximately -3.17%. Over the course of the year, Prosperity Bancshares Inc shares have dropped approximately -7.22%. Shares of the company reached a 52-week high of $82.75 on 01/29/25 and a 52-week low of $61.57 on 04/07/25.
Support And Resistance Levels for Prosperity Bancshares Inc (PB)
According to the 24-hour chart, there is a support level at 69.36, which, if violated, would cause prices to drop to 68.81. In the upper region, resistance lies at 70.53. The next price resistance is at 71.15. RSI (Relative Strength Index) is 48.13 on the 14-day chart, showing neutral technical sentiment.
