PROS Holdings, Inc. (NYSE:PRO) CEO Andres Reiner sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 16th. The stock was sold at an average price of $32.21, for a total value of $322,100.00. Following the sale, the chief executive officer now directly owns 435,399 shares of the company’s stock, valued at approximately $14,024,201.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Andres Reiner also recently made the following trade(s):

  • On Monday, September 10th, Andres Reiner sold 10,000 shares of PROS stock. The stock was sold at an average price of $39.03, for a total value of $390,300.00.
  • On Tuesday, August 14th, Andres Reiner sold 10,000 shares of PROS stock. The stock was sold at an average price of $37.62, for a total value of $376,200.00.

Shares of PRO traded down $1.22 during mid-day trading on Friday, hitting $31.68. The company’s stock had a trading volume of 184,991 shares, compared to its average volume of 248,585. PROS Holdings, Inc. has a one year low of $23.54 and a one year high of $41.10. The company has a current ratio of 2.63, a quick ratio of 2.63 and a debt-to-equity ratio of 3.53. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of -20.71 and a beta of 1.21.

PROS (NYSE:PRO) last posted its quarterly earnings data on Thursday, October 25th. The software maker reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.06. The business had revenue of $49.08 million during the quarter, compared to the consensus estimate of $47.94 million. Equities analysts predict that PROS Holdings, Inc. will post -1.19 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of PRO. Schwab Charles Investment Management Inc. raised its stake in shares of PROS by 5.9% in the first quarter. Schwab Charles Investment Management Inc. now owns 136,318 shares of the software maker’s stock valued at $4,500,000 after purchasing an additional 7,597 shares in the last quarter. BlackRock Inc. raised its stake in shares of PROS by 0.4% in the first quarter. BlackRock Inc. now owns 1,720,433 shares of the software maker’s stock valued at $56,792,000 after purchasing an additional 6,329 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of PROS by 1,345.0% in the first quarter. JPMorgan Chase & Co. now owns 83,145 shares of the software maker’s stock valued at $2,744,000 after purchasing an additional 77,391 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of PROS by 14.8% in the first quarter. Allianz Asset Management GmbH now owns 76,381 shares of the software maker’s stock valued at $2,521,000 after purchasing an additional 9,827 shares in the last quarter. Finally, Barclays PLC raised its stake in PROS by 161.2% during the first quarter. Barclays PLC now owns 11,050 shares of the software maker’s stock worth $364,000 after acquiring an additional 6,819 shares in the last quarter. Institutional investors and hedge funds own 89.54% of the company’s stock.

A number of equities research analysts have issued reports on the company. Zacks Investment Research raised PROS from a “hold” rating to a “strong-buy” rating and set a $38.00 target price for the company in a research report on Friday, November 2nd. Nomura decreased their target price on PROS from $45.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, October 26th. Northland Securities reaffirmed a “buy” rating and set a $45.00 target price on shares of PROS in a research report on Friday, July 27th. JPMorgan Chase & Co. upped their target price on PROS from $38.00 to $45.00 and gave the stock an “overweight” rating in a research report on Friday, July 27th. Finally, KeyCorp reissued a “buy” rating and issued a $45.00 price objective on shares of PROS in a research report on Friday, July 27th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and three have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $41.50.

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PROS Company Profile

PROS Holdings, Inc, a cloud software company, provides solutions for companies to price, configure, and sell their products and services to their customers. The company offers SellingPRO solutions, which include configuration, quoting, and e-commerce capabilities with data science; and PricingPRO solutions that deliver insight into pricing practices and provides pricing recommendations, as well as enhances control over pricing execution.

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Insider Buying and Selling by Quarter for PROS (NYSE:PRO)

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