PROS Holdings, Inc. (NYSE:PRO) CEO Andres Reiner sold 10,000 shares of PROS stock in a transaction dated Tuesday, October 16th. The stock was sold at an average price of $32.21, for a total value of $322,100.00. Following the transaction, the chief executive officer now owns 435,399 shares of the company’s stock, valued at approximately $14,024,201.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 NYSE:PRO opened at $30.98 on Friday. PROS Holdings, Inc. has a 12-month low of $21.36 and a 12-month high of $41.10. The company has a market cap of $1.08 billion, a PE ratio of -20.57 and a beta of 1.25. The company has a debt-to-equity ratio of -3.19, a current ratio of 1.65 and a quick ratio of 1.65.

PROS (NYSE:PRO) last issued its quarterly earnings data on Thursday, July 26th. The software maker reported ($0.16) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.04. The firm had revenue of $47.40 million for the quarter, compared to the consensus estimate of $46.30 million. During the same quarter in the prior year, the firm earned ($0.22) EPS. The company’s revenue was up 17.3% on a year-over-year basis. As a group, sell-side analysts predict that PROS Holdings, Inc. will post -1.35 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in PRO. Schwab Charles Investment Management Inc. raised its position in PROS by 5.9% during 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 position 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 purchasing an additional 6,329 shares in the last quarter. JPMorgan Chase & Co. raised its position in PROS by 1,345.0% during 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 position in PROS by 14.8% during 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 position in PROS by 161.2% during the first quarter. Barclays PLC now owns 11,050 shares of the software maker’s stock valued at $364,000 after purchasing an additional 6,819 shares in the last quarter.

PRO has been the subject of a number of research analyst reports. Needham & Company LLC lifted their price target on PROS to $46.00 and gave the stock a “strong-buy” rating in a report on Friday, July 27th. Royal Bank of Canada initiated coverage on PROS in a report on Tuesday. They set an “outperform” rating and a $38.00 price target for the company. KeyCorp reiterated a “buy” rating and set a $45.00 price target on shares of PROS in a report on Friday, July 27th. Northland Securities reiterated a “buy” rating and set a $45.00 price target on shares of PROS in a report on Friday, July 27th. Finally, ValuEngine upgraded PROS from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 4th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $39.63.

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

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