PROS Holdings, Inc. (NYSE:PRO) EVP Roberto D. Reiner Sells 6,076 Shares


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PROS Holdings, Inc. (NYSE:PRO) EVP Roberto D. Reiner sold 6,076 shares of the business’s stock in a transaction dated Tuesday, January 12th. The stock was sold at an average price of $48.30, for a total transaction of $293,470.80. Following the completion of the sale, the executive vice president now directly owns 96,549 shares of the company’s stock, valued at approximately $4,663,316.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of NYSE:PRO opened at $47.15 on Thursday. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.97. PROS Holdings, Inc. has a fifty-two week low of $19.73 and a fifty-two week high of $68.81. The firm has a 50-day simple moving average of $47.41 and a 200 day simple moving average of $39.42. The company has a market cap of $2.05 billion, a PE ratio of -26.79 and a beta of 1.54.

PROS (NYSE:PRO) last announced its quarterly earnings data on Thursday, October 29th. The software maker reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.05. PROS had a negative net margin of 28.65% and a negative return on equity of 33.57%. The business had revenue of $61.50 million during the quarter, compared to the consensus estimate of $60.01 million. During the same quarter in the prior year, the firm earned ($0.06) EPS. The company’s revenue for the quarter was down 4.2% compared to the same quarter last year. As a group, research analysts forecast that PROS Holdings, Inc. will post -1.23 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of PRO. Point72 Hong Kong Ltd bought a new position in PROS in the 2nd quarter worth about $27,000. Nisa Investment Advisors LLC grew its position in PROS by 230.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,650 shares of the software maker’s stock worth $53,000 after purchasing an additional 1,150 shares during the last quarter. Equitec Specialists LLC bought a new position in PROS in the 3rd quarter worth about $80,000. Point72 Asset Management L.P. bought a new position in PROS in the 2nd quarter worth about $124,000. Finally, Stephens Inc. AR grew its position in PROS by 23.2% in the 2nd quarter. Stephens Inc. AR now owns 2,993 shares of the software maker’s stock worth $133,000 after purchasing an additional 563 shares during the last quarter. Hedge funds and other institutional investors own 98.02% of the company’s stock.

PRO has been the subject of several research analyst reports. Northland Securities boosted their target price on shares of PROS from $56.00 to $61.00 and gave the stock an “outperform” rating in a research report on Thursday, December 17th. Royal Bank of Canada downgraded shares of PROS from an “outperform” rating to a “sector perform” rating and set a $33.00 target price for the company. in a research report on Friday, October 30th. Finally, Zacks Investment Research downgraded shares of PROS from a “hold” rating to a “sell” rating in a research report on Wednesday, October 28th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. PROS has a consensus rating of “Hold” and a consensus target price of $46.50.

PROS Company Profile

PROS Holdings, Inc offers artificial intelligence (AI) solutions that power commerce in the digital economy worldwide. The company's solutions enable buying experiences for business-to-business and business-to-consumer companies. The company offers PROS Smart CPQ, a tool for sales teams and partners to respond to customer quotes; and PROS Opportunity Detection that increases sales effectiveness and productivity by uncovering sales opportunities in existing accounts for sales teams.

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

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