PROS Holdings, Inc. (NYSE:PRO) CEO Andres Reiner sold 10,000 shares of the stock in a transaction on Tuesday, July 17th. The stock was sold at an average price of $38.29, for a total transaction of $382,900.00. Following the completion of the sale, the chief executive officer now directly owns 465,399 shares of the company’s stock, valued at $17,820,127.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Andres Reiner also recently made the following trade(s):
Get PROS alerts: On Tuesday, June 12th, Andres Reiner sold 10,000 shares of PROS stock. The stock was sold at an average price of $35.03, for a total transaction of $350,300.00.Shares of PROS opened at $38.25 on Friday, according to Marketbeat.com. The firm has a market capitalization of $1.24 billion, a PE ratio of -25.00 and a beta of 1.28. PROS Holdings, Inc. has a 1 year low of $21.36 and a 1 year high of $39.45. The company has a debt-to-equity ratio of -4.24, a current ratio of 1.85 and a quick ratio of 1.85.
PROS (NYSE:PRO) last posted its earnings results on Thursday, April 26th. The software maker reported ($0.19) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.01. The company had revenue of $47.91 million for the quarter, compared to analysts’ expectations of $46.06 million. The business’s revenue was up 19.4% on a year-over-year basis. During the same period in the previous year, the business posted ($0.24) earnings per share. research analysts predict that PROS Holdings, Inc. will post -1.34 earnings per share for the current fiscal year.
PRO has been the subject of a number of analyst reports. ValuEngine raised shares of PROS from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research raised shares of PROS from a “sell” rating to a “hold” rating in a research note on Wednesday, April 11th. JPMorgan Chase & Co. set a $38.00 price objective on shares of PROS and gave the stock a “buy” rating in a research note on Friday, April 27th. KeyCorp initiated coverage on shares of PROS in a research note on Tuesday, May 8th. They issued an “overweight” rating and a $40.00 price objective for the company. Finally, DA Davidson increased their price objective on shares of PROS to $31.00 and gave the stock a “neutral” rating in a research note on Friday, May 18th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $34.86.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Conestoga Capital Advisors LLC grew its stake in PROS by 6.5% during the second quarter. Conestoga Capital Advisors LLC now owns 1,990,571 shares of the software maker’s stock valued at $72,795,000 after acquiring an additional 121,845 shares in the last quarter. BlackRock Inc. grew its stake in PROS by 0.4% during the first quarter. BlackRock Inc. now owns 1,720,433 shares of the software maker’s stock valued at $56,792,000 after acquiring an additional 6,329 shares in the last quarter. Stephens Investment Management Group LLC grew its stake in PROS by 11.3% during the first quarter. Stephens Investment Management Group LLC now owns 930,706 shares of the software maker’s stock valued at $30,723,000 after acquiring an additional 94,196 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new position in PROS during the first quarter valued at $29,906,000. Finally, Whale Rock Capital Management LLC grew its stake in PROS by 38.0% during the first quarter. Whale Rock Capital Management LLC now owns 839,796 shares of the software maker’s stock valued at $27,722,000 after acquiring an additional 231,311 shares in the last quarter. 99.92% of the stock is owned by institutional investors.
About PROS
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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