{
  "id": 1028345,
  "title": "Prosperity Bancshares director Holmes sells $81,550 in stock",
  "url": "https://urgent.news/2026/08/15/prosperity-bancshares-director-holmes-sells-81-550-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-15T12:01:09.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/prosperity-bancshares-director-holmes-sells-81550-in-stock-93CH-4861778"
  },
  "original_language": "en",
  "account": "Prosperity Bancshares director Ned S. Holmes recently disposed of $81,550 worth of the company's stock. The transactions took place on August 12, 2026. Holmes sold 500 shares at a weighted average price of $74.1391, bringing his personal holdings down to 71,115 shares. Additional 500 shares were sold indirectly through a profit-sharing plan. The profit-sharing plan now holds 86,693 shares as a result. Lastly, 100 shares were sold as trustee of an SSH trust for Holmes' daughter, with the trust now owning 39,300 shares. Holmes' indirect holdings include 2,000 shares by his spouse, 8,820 shares in his grandchildren's trust, 3,720 shares in a trust, and 70,070 shares as part of a limited partnership. Prosperity Bancshares, valued at $9 billion, has raised its dividend for 18 consecutive years and currently offers a yield of 3.2%. The bank recently merged with Stellar Bancorp, combining Stellar Bank with Prosperity Bank. Morgan Stanley recently downgraded Prosperity Bancshares to an Equalweight rating, citing increased competition in Texas and lowering its price target to $80.00 from $85.00. Despite this, Cantor Fitzgerald has maintained an Overweight rating on the stock, raising its fiscal 2026 core earnings per share estimate to $6.22. Benchmark has initiated coverage on Prosperity Bancshares with a Hold rating, praising the company's strong earnings per share growth and successful mergers.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}