PROS Holdings, Inc. (NYSE:PRO) has earned an average rating of “Buy” from the nine research firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $31.20.
Several equities analysts recently issued reports on the stock. ValuEngine raised shares of PROS Holdings from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Pacific Crest upped their price objective on shares of PROS Holdings from $30.00 to $35.00 and gave the company an “overweight” rating in a research note on Thursday, June 29th.
In other PROS Holdings news, Director Ronald F. Woestemeyer sold 50,000 shares of the stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $25.51, for a total transaction of $1,275,500.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Andres Reiner sold 8,175 shares of the stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $26.12, for a total transaction of $213,531.00. Following the transaction, the chief executive officer now directly owns 415,815 shares in the company, valued at approximately $10,861,087.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 114,525 shares of company stock worth $3,071,057. 18.90% of the stock is currently owned by insiders.
A number of large investors have recently bought and sold shares of PRO. Daruma Capital Management LLC raised its stake in PROS Holdings by 2,559.7% during the second quarter. Daruma Capital Management LLC now owns 1,415,984 shares of the software maker’s stock worth $38,784,000 after purchasing an additional 1,362,746 shares during the period. FMR LLC purchased a new position in PROS Holdings during the second quarter worth approximately $13,853,000. DF Dent & Co. Inc. raised its stake in PROS Holdings by 15.5% during the first quarter. DF Dent & Co. Inc. now owns 2,336,673 shares of the software maker’s stock worth $56,524,000 after purchasing an additional 314,368 shares during the period. Driehaus Capital Management LLC purchased a new position in PROS Holdings during the first quarter worth approximately $5,103,000. Finally, Stephens Investment Management Group LLC raised its stake in PROS Holdings by 53.2% during the first quarter. Stephens Investment Management Group LLC now owns 491,890 shares of the software maker’s stock worth $11,899,000 after purchasing an additional 170,770 shares during the period. 91.59% of the stock is currently owned by institutional investors.
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PROS Holdings (NYSE PRO) traded up 1.02% on Friday, reaching $23.67. 201,551 shares of the company’s stock were exchanged. PROS Holdings has a 12-month low of $20.34 and a 12-month high of $30.49. The firm has a 50 day moving average of $26.01 and a 200-day moving average of $26.02. The company’s market cap is $752.42 million.
PROS Holdings (NYSE:PRO) last released its quarterly earnings results on Thursday, August 3rd. The software maker reported ($0.35) EPS for the quarter, beating the consensus estimate of ($0.39) by $0.04. The business had revenue of $40.40 million for the quarter, compared to analyst estimates of $39.48 million. PROS Holdings had a negative net margin of 46.55% and a negative return on equity of 2,114.05%. The company’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the business earned ($0.26) earnings per share. Equities analysts expect that PROS Holdings will post ($0.87) EPS for the current fiscal year.
PROS Holdings Company Profile
PROS Holdings, Inc (PROS) is a provider of revenue and profit realization solutions. The Company provides its solutions to enterprises across the manufacturing, distribution, services, and travel industries, including automotive and industrial, business-to-business (B2B) services, cargo, chemicals and energy, consumer goods, insurance, food and beverage, healthcare, high tech and travel.
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