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

Shares of PROS stock opened at $47.15 on Thursday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.82 and a quick ratio of 1.82. 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 fifty day moving average price of $47.41 and a two-hundred day moving average price 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 issued its quarterly earnings results 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 firm had revenue of $61.50 million during the quarter, compared to the consensus estimate of $60.01 million. During the same period in the prior year, the firm earned ($0.06) EPS. The business’s revenue was down 4.2% on a year-over-year basis. Analysts expect that PROS Holdings, Inc. will post -1.23 earnings per share for the current fiscal year.

Several brokerages have recently commented on PRO. Zacks Investment Research lowered shares of PROS from a “hold” rating to a “sell” rating in a research note on Wednesday, October 28th. Northland Securities upped their price objective on shares of PROS from $56.00 to $61.00 and gave the stock an “outperform” rating in a report on Thursday, December 17th. Finally, Royal Bank of Canada downgraded shares of PROS from an “outperform” rating to a “sector perform” rating and set a $33.00 price objective for the company. in a report on Friday, October 30th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $46.50.

A number of institutional investors have recently modified their holdings of the business. Point72 Asset Management L.P. bought a new position in shares of PROS during the 2nd quarter worth about $124,000. Nisa Investment Advisors LLC lifted its holdings in shares of PROS by 230.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,650 shares of the software maker’s stock worth $53,000 after acquiring an additional 1,150 shares during the period. Comerica Bank lifted its holdings in shares of PROS by 105.0% during the 3rd quarter. Comerica Bank now owns 154,673 shares of the software maker’s stock worth $5,219,000 after acquiring an additional 79,229 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of PROS by 12.9% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 288,696 shares of the software maker’s stock worth $12,827,000 after acquiring an additional 32,964 shares during the period. Finally, Point72 Hong Kong Ltd bought a new position in shares of PROS during the 2nd quarter worth about $27,000. 98.02% of the stock is owned by hedge funds and other institutional investors.

About PROS

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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