PROS Holdings, Inc. (NYSE:PRO) CEO Andres Reiner sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $32.99, for a total value of $494,850.00. Following the sale, the chief executive officer now directly owns 470,074 shares in the company, valued at $15,507,741.26. The transaction was disclosed in a filing with the SEC, which is available at this link.
Andres Reiner also recently made the following trade(s):
- On Wednesday, February 14th, Andres Reiner sold 20,000 shares of PROS stock. The shares were sold at an average price of $30.78, for a total value of $615,600.00.
Shares of PROS Holdings, Inc. (PRO) traded down $0.19 on Thursday, reaching $33.17. The company had a trading volume of 11,670 shares, compared to its average volume of 243,463. The company has a market cap of $1,097.67, a P/E ratio of -13.51 and a beta of 1.27. The company has a debt-to-equity ratio of -4.54, a quick ratio of 1.98 and a current ratio of 1.98. PROS Holdings, Inc. has a 52-week low of $21.36 and a 52-week high of $34.85.
PROS (NYSE:PRO) last issued its quarterly earnings data on Tuesday, February 6th. The software maker reported ($0.13) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.05. The company had revenue of $46.34 million for the quarter, compared to the consensus estimate of $44.68 million. PROS’s quarterly revenue was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.21) earnings per share. equities analysts predict that PROS Holdings, Inc. will post -1.27 EPS for the current year.
Several research firms recently issued reports on PRO. Needham & Company LLC upped their price target on PROS to $40.00 and gave the company a “strong-buy” rating in a research report on Monday, March 5th. Zacks Investment Research lowered PROS from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Finally, DA Davidson began coverage on PROS in a research report on Friday, February 2nd. They set a “neutral” rating and a $28.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $31.83.
Institutional investors and hedge funds have recently modified their holdings of the stock. Teacher Retirement System of Texas bought a new position in PROS during the 4th quarter worth $250,000. MetLife Investment Advisors LLC bought a new position in PROS during the 4th quarter worth $287,000. GSA Capital Partners LLP bought a new position in PROS during the 3rd quarter worth $303,000. Comerica Bank bought a new position in PROS during the 3rd quarter worth $360,000. Finally, The Manufacturers Life Insurance Company grew its stake in PROS by 4.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,852 shares of the software maker’s stock worth $571,000 after buying an additional 901 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.
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PROS 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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