Hovde Group reiterates Prosperity Bancshares Inc (PB) stock to an Outperform

In a filing, Prosperity Bancshares Inc revealed its Director HOLMES NED S unloaded Company’s shares for reported $42124.0 on Jul 23 ’25. In the deal valued at $70.21 per share,600 shares were sold. As a result of this transaction, HOLMES NED S now holds 44,800 shares worth roughly $3.02 million.

Then, HOLMES NED S sold 500 shares, generating $35,106 in total proceeds. Upon selling the shares at $70.21, the Director now owns 96,915 shares.

Before that, HOLMES NED S sold 600 shares. Prosperity Bancshares Inc shares valued at $43,222 were divested by the Director at a price of $72.04 per share. As a result of the transaction, HOLMES NED S now holds 44,900 shares, worth roughly $3.02 million.

Hovde Group reiterated its Prosperity Bancshares Inc [PB] rating to an Outperform in a research note published on July 24, 2025; the price target was $83. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. Hovde Group also remained covering PB and reiterated its “an Outperform” recommendation on April 25, 2025. BofA Securities revised its rating on January 07, 2025. It rated PB as “a Neutral” which previously was an “an Underperform”.

Price Performance Review of PB

On Tuesday, Prosperity Bancshares Inc [NYSE:PB] saw its stock fall -0.38% to $67.36. Over the last five days, the stock has lost -7.59%. Prosperity Bancshares Inc shares have fallen nearly -7.18% since the year began. Nevertheless, the stocks have fallen -10.60% over the past one year. While a 52-week high of $86.75 was reached on 01/29/25, a 52-week low of $61.57 was recorded on 04/07/25.

Levels Of Support And Resistance For PB Stock

The 24-hour chart illustrates a support level at 66.95, which if violated will result in even more drops to 66.53. On the upside, there is a resistance level at 67.97. A further resistance level may holdings at 68.57.

How much short interest is there in Prosperity Bancshares Inc?

A steep rise in short interest was recorded in Prosperity Bancshares Inc stocks on 2025-07-15, growing by 0.41 million shares to a total of 2.38 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 1.97 million shares. There was a rise of 17.17%, which implies that there is a positive sentiment for the stock.

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