PROS Holdings, Inc. (NYSE:PRO) CFO Sells $139,650.00 in Stock

PROS Holdings, Inc. (NYSE:PRO) CFO Stefan B. Schulz sold 4,375 shares of the business’s stock in a transaction on Tuesday, January 11th. The stock was sold at an average price of $31.92, for a total transaction of $139,650.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of PRO opened at $29.20 on Friday. The company has a 50-day simple moving average of $34.61 and a 200-day simple moving average of $38.67. The firm has a market capitalization of $1.30 billion, a P/E ratio of -16.98 and a beta of 1.55. The company has a debt-to-equity ratio of 16.05, a quick ratio of 2.48 and a current ratio of 2.48. PROS Holdings, Inc. has a 52 week low of $23.08 and a 52 week high of $50.90.

PROS (NYSE:PRO) last announced its quarterly earnings data on Tuesday, November 2nd. The software maker reported ($0.13) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.22) by $0.09. The business had revenue of $62.67 million during the quarter, compared to analyst estimates of $62.33 million. PROS had a negative net margin of 30.64% and a negative return on equity of 123.71%. During the same quarter in the prior year, the business earned ($0.30) earnings per share. As a group, equities analysts forecast that PROS Holdings, Inc. will post -1.46 earnings per share for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Kopion Asset Management LLC raised its position in shares of PROS by 19.7% during the fourth quarter. Kopion Asset Management LLC now owns 221,534 shares of the software maker’s stock valued at $7,641,000 after buying an additional 36,398 shares during the last quarter. Harbor Investment Advisory LLC raised its position in PROS by 30.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 2,705 shares of the software maker’s stock worth $93,000 after purchasing an additional 636 shares in the last quarter. Comerica Bank raised its position in PROS by 12.3% in the third quarter. Comerica Bank now owns 191,948 shares of the software maker’s stock worth $6,290,000 after purchasing an additional 20,993 shares in the last quarter. Bank of New York Mellon Corp raised its position in PROS by 7.7% in the third quarter. Bank of New York Mellon Corp now owns 154,476 shares of the software maker’s stock worth $5,481,000 after purchasing an additional 11,108 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its position in PROS by 100.6% in the third quarter. BNP Paribas Arbitrage SA now owns 11,571 shares of the software maker’s stock worth $411,000 after purchasing an additional 5,804 shares in the last quarter. 99.11% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have weighed in on the stock. Zacks Investment Research raised shares of PROS from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a research report on Thursday, January 6th. JPMorgan Chase & Co. raised shares of PROS from an “underweight” rating to a “neutral” rating and set a $37.00 target price for the company in a research report on Tuesday, December 14th.

About PROS

PROS Holdings, Inc engages in the provision of solutions that optimize the processes of selling and shopping in the digital economy. Its solutions selling, pricing, and revenue management leverage artificial intelligence (AI), self-learning and automation to ensure that every transactional experience is fast, frictionless and personalized for every shopper, supporting both business-to-business (B2B) and business-to-consumer (B2C) companies across industry verticals.

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