Blair William & Co. IL purchased a new position in PROS Holdings, Inc. (NYSE:PRO) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 52,275 shares of the software maker’s stock, valued at approximately $1,831,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PRO. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of PROS in the 3rd quarter worth approximately $200,000. Teacher Retirement System of Texas acquired a new stake in shares of PROS in the 2nd quarter worth approximately $203,000. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of PROS in the 3rd quarter worth approximately $206,000. Monashee Investment Management LLC acquired a new stake in PROS during the 3rd quarter valued at $218,000. Finally, Trexquant Investment LP acquired a new stake in PROS during the 3rd quarter valued at $251,000. Institutional investors and hedge funds own 99.41% of the company’s stock.

In other news, CEO Andres Reiner sold 10,000 shares of the firm’s stock in a transaction on Monday, September 10th. The stock was sold at an average price of $39.03, for a total transaction of $390,300.00. Following the sale, the chief executive officer now owns 445,399 shares in the company, valued at $17,383,922.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have sold 30,000 shares of company stock worth $1,026,100. 15.40% of the stock is owned by insiders.

Shares of NYSE:PRO opened at $31.86 on Friday. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of -20.82 and a beta of 1.18. The company has a debt-to-equity ratio of 3.53, a quick ratio of 2.63 and a current ratio of 2.63. PROS Holdings, Inc. has a one year low of $23.67 and a one year high of $41.10.

PROS (NYSE:PRO) last announced its earnings results on Thursday, October 25th. The software maker reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.06. The company had revenue of $49.08 million for the quarter, compared to analyst estimates of $47.94 million. As a group, equities research analysts forecast that PROS Holdings, Inc. will post -1.19 earnings per share for the current year.

A number of brokerages have commented on PRO. Nomura lowered their target price on PROS from $45.00 to $44.00 and set a “buy” rating on the stock in a report on Friday, October 26th. Royal Bank of Canada began coverage on PROS in a report on Tuesday, October 16th. They set an “outperform” rating and a $38.00 target price on the stock. Finally, Zacks Investment Research upgraded PROS from a “hold” rating to a “strong-buy” rating and set a $38.00 target price on the stock in a report on Friday, November 2nd. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and three have issued a strong buy rating to the company. PROS presently has an average rating of “Buy” and an average target price of $41.50.

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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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Institutional Ownership by Quarter for PROS (NYSE:PRO)

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