Shares of Pros Holdings Inc. (NYSE:PRO) traded down 9.3% during trading on Wednesday . The stock traded as low as $16.25 and last traded at $17.07, with a volume of 272,447 shares traded. The stock had previously closed at $18.83.

Several research firms have recently issued reports on PRO. Deutsche Bank AG boosted their price target on shares of Pros Holdings from $20.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday. Needham & Company LLC reissued a “buy” rating and issued a $22.00 price target (up previously from $15.00) on shares of Pros Holdings in a research report on Tuesday. Finally, JPMorgan Chase & Co. reissued a “hold” rating on shares of Pros Holdings in a research report on Wednesday, May 4th. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Pros Holdings currently has a consensus rating of “Hold” and a consensus price target of $19.04.

The firm has a 50 day moving average price of $17.33 and a 200-day moving average price of $13.39. The stock’s market cap is $540.00 million.

Pros Holdings (NYSE:PRO) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported ($0.26) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.32) by $0.06. During the same period last year, the company posted ($0.11) earnings per share. The firm had revenue of $37 million for the quarter, compared to analysts’ expectations of $35.70 million. The business’s revenue for the quarter was down 11.3% compared to the same quarter last year. On average, equities research analysts forecast that Pros Holdings Inc. will post ($1.18) earnings per share for the current fiscal year.

Several hedge funds recently made changes to their positions in PRO. Broadview Advisors LLC increased its stake in shares of Pros Holdings by 2.0% in the fourth quarter. Broadview Advisors LLC now owns 224,225 shares of the company’s stock worth $5,166,000 after buying an additional 4,350 shares during the last quarter. State of New Jersey Common Pension Fund D increased its stake in shares of Pros Holdings by 3.8% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 923,500 shares of the company’s stock worth $21,278,000 after buying an additional 33,500 shares during the last quarter. Finally, Morgan Stanley increased its stake in shares of Pros Holdings by 223.6% in the fourth quarter. Morgan Stanley now owns 1,576,779 shares of the company’s stock worth $36,329,000 after buying an additional 1,089,490 shares during the last quarter.

PROS Holdings, Inc provides enterprise revenue and profit realization software solutions. The Company’s software solutions are designed to help business-to-business (B2B) and business-to-consumer (B2C) companies. The Company also provides professional services to implement its software applications. The Company provides its solutions to enterprises across a range of industries, including manufacturing, distribution, services and travel.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.