DF Dent & Co. Inc. cut its holdings in PROS Holdings, Inc. (NYSE:PRO) by 1.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,888,826 shares of the software maker’s stock after selling 28,131 shares during the quarter. PROS comprises approximately 2.4% of DF Dent & Co. Inc.’s holdings, making the stock its 17th largest position. DF Dent & Co. Inc. owned about 8.82% of PROS worth $105,644,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of PRO. Teacher Retirement System of Texas acquired a new stake in shares of PROS in the second quarter worth $203,000. Xact Kapitalforvaltning AB acquired a new stake in shares of PROS in the second quarter worth $205,000. ETRADE Capital Management LLC acquired a new stake in shares of PROS in the first quarter worth $222,000. Cubist Systematic Strategies LLC acquired a new stake in shares of PROS in the second quarter worth $278,000. Finally, Metropolitan Life Insurance Co. NY lifted its stake in shares of PROS by 18.2% in the second quarter. Metropolitan Life Insurance Co. NY now owns 9,038 shares of the software maker’s stock worth $331,000 after buying an additional 1,392 shares during the last quarter.

In related news, CEO Andres Reiner sold 10,000 shares of the business’s stock in a transaction on Tuesday, August 14th. The shares were sold at an average price of $37.62, for a total transaction of $376,200.00. Following the transaction, the chief executive officer now owns 455,399 shares of the company’s stock, valued at $17,132,110.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 30,000 shares of company stock worth $1,149,400 in the last ninety days. 15.40% of the stock is currently owned by insiders.

A number of analysts have recently weighed in on the stock. Needham & Company LLC boosted their price objective on shares of PROS to $46.00 and gave the stock a “strong-buy” rating in a research note on Friday, July 27th. KeyCorp restated a “buy” rating and issued a $45.00 price objective on shares of PROS in a research note on Friday, July 27th. Northland Securities restated a “buy” rating and issued a $45.00 price objective on shares of PROS in a research note on Friday, July 27th. JPMorgan Chase & Co. boosted their price objective on shares of PROS from $38.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, July 27th. Finally, ValuEngine upgraded shares of PROS from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. PROS currently has a consensus rating of “Buy” and a consensus price target of $38.38.

Shares of PRO stock opened at $39.49 on Friday. PROS Holdings, Inc. has a 1 year low of $21.36 and a 1 year high of $41.10. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of -3.19.

PROS (NYSE:PRO) last announced its earnings results on Thursday, July 26th. The software maker reported ($0.16) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.04. The company had revenue of $47.40 million for the quarter, compared to the consensus estimate of $46.30 million. During the same period last year, the firm posted ($0.22) EPS. The company’s revenue was up 17.3% compared to the same quarter last year. sell-side analysts forecast that PROS Holdings, Inc. will post -1.35 earnings per share for the current fiscal year.

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.

Read More: What is a Tariff?

Institutional Ownership by Quarter for PROS (NYSE:PRO)

Receive News & Ratings for PROS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PROS and related companies with MarketBeat.com's FREE daily email newsletter.