Pros Holdings Inc. (NYSE:PRO)’s share price dropped 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 changing hands. The stock had previously closed at $18.83.

PRO has been the topic of several recent research reports. Deutsche Bank AG increased their target price on shares of Pros Holdings from $20.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday. Needham & Company LLC reaffirmed a “buy” rating and set a $22.00 target price (up previously from $15.00) on shares of Pros Holdings in a report on Tuesday. Finally, JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $16.00 target price on shares of Pros Holdings in a report on Wednesday. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Pros Holdings presently has an average rating of “Hold” and an average price target of $18.61.

The company has a 50 day moving average of $17.45 and a 200-day moving average of $13.45. The company’s market capitalization is $569.98 million.

Pros Holdings (NYSE:PRO) last released its earnings results on Tuesday, August 2nd. The company reported ($0.26) EPS for the quarter, topping the consensus estimate of ($0.32) by $0.06. During the same period last year, the firm posted ($0.11) EPS. The company earned $37 million during the quarter, compared to analysts’ expectations of $35.70 million. Pros Holdings’s quarterly revenue was down 11.3% compared to the same quarter last year. Equities analysts predict that Pros Holdings Inc. will post ($1.16) earnings per share for the current year.

A number of large investors have made changes to their positions in the company. Broadview Advisors LLC boosted 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 valued at $5,166,000 after buying an additional 4,350 shares in the last quarter. State of New Jersey Common Pension Fund D boosted 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 valued at $21,278,000 after buying an additional 33,500 shares in the last quarter. Finally, Morgan Stanley boosted 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 valued at $36,329,000 after buying an additional 1,089,490 shares in 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.

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