2 weeks Ago By Defense World Staff
LPL Financial LLC lessened its stake in shares of PROS Holdings, Inc. (NYSE:PRO – Free Report) by 5.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 30,116 shares of the software maker’s stock after selling 1,831 shares during the quarter. LPL Financial LLC owned 0.06% of PROS worth $661,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its holdings in PROS by 22.
5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 440,467 shares of the software maker’s stock valued at $9,673,000 after acquiring an additional 80,924 shares during the period.
JPMorgan Chase & Co. boosted its stake in shares of PROS by 570.6% in the third quarter.
JPMorgan Chase & Co. now owns 397,424 shares of the software maker’s stock valued at $7,360,000 after purchasing an additional 338,158 shares during the period. Connor Clark & Lunn Investment Management Ltd.
grew its holdings in shares of PROS by 45.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd.
now owns 390,452 shares of the software maker’s stock valued at $8,574,000 after purchasing an additional 122,090 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in PROS during the 4th quarter worth approximately $6,447,000.
Finally, Rice Hall James & Associates LLC boosted its position in PROS by 18.5% in the 4th quarter. Rice Hall James & Associates LLC now owns 263,193 shares of the software maker’s stock valued at $5,780,000 after buying an additional 41,111 shares during the period.
94.27% of the stock is currently owned by institutional investors and hedge funds. PROS Trading Up 2.
2 %Shares of NYSE:PRO opened at $16.67 on Thursday. The firm has a 50 day simple moving average of $20.
45 and a 200-day simple moving average of $21.78. The company has a market capitalization of $796.
92 million, a PE ratio of -37.89 and a beta of 1.04.
PROS Holdings, Inc. has a twelve month low of $14.81 and a twelve month high of $34.
71. PROS (NYSE:PRO – Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The software maker reported ($0.
03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.15).
As a group, equities research analysts predict that PROS Holdings, Inc. will post -0.2 EPS for the current fiscal year.
Insiders Place Their BetsIn other PROS news, CAO Scott William Cook sold 5,000 shares of PROS stock in a transaction on Friday, February 7th. The shares were sold at an average price of $29.84, for a total value of $149,200.
00. Following the transaction, the chief accounting officer now directly owns 59,159 shares in the company, valued at approximately $1,765,304.56.
The trade was a 7.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
4.00% of the stock is currently owned by corporate insiders. Analyst Upgrades and DowngradesA number of analysts have recently weighed in on PRO shares.
Needham & Company LLC reaffirmed a “buy” rating and set a $30.00 price objective on shares of PROS in a research report on Friday, February 7th. KeyCorp increased their price target on PROS from $28.
00 to $31.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Oppenheimer downgraded PROS from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 16th.
Stifel Nicolaus raised their target price on shares of PROS from $26.00 to $30.00 and gave the company a “buy” rating in a report on Friday, February 7th.
Finally, Robert W. Baird lowered their price target on shares of PROS from $30.00 to $27.
00 and set an “outperform” rating for the company in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $31.
63.Read Our Latest Stock Report on PROAbout PROS (Free Report)PROS Holdings, Inc provides software solutions that optimize the processes of selling and shopping in the digital economy in Europe, the Asia Pacific, the Middle East, Africa, and internationally. The company offers PROS Smart Configure Price Quote that improves sales productivity and accelerate deal velocity by automating common sales tasks; and PROS Smart Price Optimization and Management, which enables businesses to optimize, personalize, and harmonize pricing.
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