Voya Investment Management LLC Has $15.23 Million Position in PROS Holdings, Inc. (PRO)
Voya Investment Management LLC lowered its stake in shares of PROS Holdings, Inc. (NYSE:PRO) by 5.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 556,039 shares of the software maker’s stock after selling 33,107 shares during the period. Voya Investment Management LLC owned 1.75% of PROS Holdings worth $15,230,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Bank of Montreal Can increased its position in PROS Holdings by 1.4% during the 2nd quarter. Bank of Montreal Can now owns 4,414 shares of the software maker’s stock worth $121,000 after purchasing an additional 59 shares in the last quarter. Legal & General Group Plc raised its stake in PROS Holdings by 3.3% in the 2nd quarter. Legal & General Group Plc now owns 6,308 shares of the software maker’s stock valued at $172,000 after purchasing an additional 199 shares during the last quarter. Menta Capital LLC acquired a new position in PROS Holdings in the 1st quarter valued at about $267,000. UBS Asset Management Americas Inc. acquired a new position in PROS Holdings in the 2nd quarter valued at about $359,000. Finally, American International Group Inc. raised its stake in PROS Holdings by 7.0% in the 1st quarter. American International Group Inc. now owns 15,507 shares of the software maker’s stock valued at $375,000 after purchasing an additional 1,021 shares during the last quarter. 91.59% of the stock is currently owned by institutional investors and hedge funds.
In other PROS Holdings news, Director Ronald F. Woestemeyer sold 50,000 shares of PROS Holdings stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $25.51, for a total transaction of $1,275,500.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Andres Reiner sold 28,175 shares of PROS Holdings stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $28.67, for a total value of $807,777.25. Following the transaction, the chief executive officer now directly owns 423,140 shares in the company, valued at approximately $12,131,423.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 86,350 shares of company stock worth $2,296,808. Company insiders own 17.20% of the company’s stock.
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Shares of PROS Holdings, Inc. (NYSE PRO) opened at 24.31 on Wednesday. The firm’s market cap is $772.77 million. PROS Holdings, Inc. has a 12-month low of $20.34 and a 12-month high of $30.49. The stock’s 50 day moving average price is $25.08 and its 200 day moving average price is $26.12.
PROS Holdings (NYSE:PRO) last posted its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.35) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.04. PROS Holdings had a negative net margin of 46.55% and a negative return on equity of 2,114.05%. The firm had revenue of $40.40 million for the quarter, compared to analysts’ expectations of $39.48 million. During the same period in the previous year, the company posted ($0.26) EPS. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. On average, equities research analysts predict that PROS Holdings, Inc. will post ($0.87) EPS for the current fiscal year.
Separately, Pacific Crest raised their price target on shares of PROS Holdings from $30.00 to $35.00 and gave the stock an “overweight” rating in a research note on Thursday, June 29th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. PROS Holdings presently has a consensus rating of “Buy” and an average price target of $31.20.
PROS Holdings Profile
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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