{
  "id": 8266999,
  "title": "Prosperity Bancshares director Ned Holmes sells $78,030 in stock",
  "url": "https://urgent.news/2026/09/18/prosperity-bancshares-director-ned-holmes-sells-78-030-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T16:01:05.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/prosperity-bancshares-director-ned-holmes-sells-78030-in-stock-93CH-4907658"
  },
  "original_language": "en",
  "account": "Director Ned S. Holmes of Prosperity Bancshares Inc. (NASDAQ: PB) sold $78,030 worth of common stock on September 16, 2026. The shares were sold at prices between $69.89 and $71.0263 per share. Holmes sold shares both directly and indirectly. Directly, he sold 28 shares at $69.89 each and 472 shares at an average price of $71.0127. Indirectly, he sold 45 shares through a profit sharing plan at $69.89 and 455 shares at a weighted average price of $71.0258. The current stock price is $69.98 with a market cap of $8.4 billion. Prosperity Bancshares is considered undervalued, paying a 3.41% dividend for 18 consecutive years. Holmes also disposed of 8 shares and 92 shares as trustee of an SSH trust. Prosperity Bancshares recently merged with Stellar Bancorp, with Prosperity issuing 0.3803 shares and paying $11.36 in cash per Stellar share. Morgan Stanley downgraded Prosperity to Equalweight, citing competition in Texas, while Benchmark gave a Hold rating and Cantor Fitzgerald maintained an Overweight rating with a price target of $80.00.",
  "summary": null,
  "key_points": [
    "Director Ned Holmes sold $78,030 worth of Prosperity Bancshares stock on September 16, 2026",
    "Holmes sold shares directly (28 and 472 shares) and indirectly (45 and 455 shares) at various prices"
  ],
  "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."
}