Wells Fargo & Company MN lifted its position in shares of PROS Holdings, Inc. (NYSE:PRO) by 1.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,890 shares of the software maker’s stock after acquiring an additional 211 shares during the quarter. Wells Fargo & Company MN owned approximately 0.06% of PROS Holdings worth $545,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Conestoga Capital Advisors LLC boosted its holdings in shares of PROS Holdings by 6.8% during the 2nd quarter. Conestoga Capital Advisors LLC now owns 1,503,661 shares of the software maker’s stock valued at $41,185,000 after acquiring an additional 95,540 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of PROS Holdings by 10.5% during the 1st quarter. Vanguard Group Inc. now owns 1,203,757 shares of the software maker’s stock valued at $29,119,000 after acquiring an additional 114,641 shares in the last quarter. Rockefeller Financial Services Inc. boosted its holdings in shares of PROS Holdings by 2.2% during the 2nd quarter. Rockefeller Financial Services Inc. now owns 864,312 shares of the software maker’s stock valued at $23,674,000 after acquiring an additional 18,607 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of PROS Holdings by 9.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 726,633 shares of the software maker’s stock valued at $17,577,000 after acquiring an additional 63,484 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of PROS Holdings by 7.2% during the 1st quarter. Geode Capital Management LLC now owns 193,686 shares of the software maker’s stock valued at $4,685,000 after acquiring an additional 12,945 shares in the last quarter. 91.73% of the stock is currently owned by institutional investors.

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In other news, CEO Andres Reiner sold 8,175 shares of the business’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $26.12, for a total value of $213,531.00. Following the transaction, the chief executive officer now directly owns 415,815 shares of the company’s stock, valued at approximately $10,861,087.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ronald F. Woestemeyer sold 50,000 shares of the business’s stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $25.51, for a total value of $1,275,500.00. The disclosure for this sale can be found here. 18.90% of the stock is owned by insiders.

PROS Holdings, Inc. (NYSE PRO) opened at $24.11 on Friday. PROS Holdings, Inc. has a twelve month low of $20.34 and a twelve month high of $30.49. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of -5.94.

PROS Holdings (NYSE:PRO) last announced its earnings results on Thursday, October 26th. The software maker reported ($0.22) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.23) by $0.01. The firm had revenue of $41.94 million for the quarter, compared to the consensus estimate of $41.07 million. PROS Holdings had a negative return on equity of 2,114.05% and a negative net margin of 48.93%. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.19) EPS. analysts predict that PROS Holdings, Inc. will post -1.48 earnings per share for the current year.

Several equities research analysts recently weighed in on PRO shares. Stifel Nicolaus reissued a “hold” rating and set a $28.00 price objective on shares of PROS Holdings in a report on Sunday, October 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $35.00 target price on shares of PROS Holdings in a report on Tuesday, October 24th. ValuEngine downgraded PROS Holdings from a “hold” rating to a “sell” rating in a report on Friday, October 27th. Finally, Zacks Investment Research raised PROS Holdings from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $31.60.

About PROS Holdings

PROS Holdings, Inc (PROS) is a provider of revenue and profit realization solutions. The Company provides its solutions to enterprises across the manufacturing, distribution, services, and travel industries, including automotive and industrial, business-to-business (B2B) services, cargo, chemicals and energy, consumer goods, insurance, food and beverage, healthcare, high tech and travel.

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Institutional Ownership by Quarter for PROS Holdings (NYSE:PRO)

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