Shares of PROS Holdings, Inc. (NYSE:PRO) have been given a consensus rating of “Hold” by the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $33.20.
Several research analysts recently weighed in on the stock. Zacks Investment Research cut shares of PROS from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Needham & Company LLC upgraded shares of PROS from a “buy” rating to a “strong-buy” rating and set a $35.00 price objective on the stock in a research report on Monday, December 11th. Finally, DA Davidson assumed coverage on shares of PROS in a research report on Friday, February 2nd. They issued a “neutral” rating and a $28.00 price objective on the stock.
Shares of PROS (PRO) traded up $0.22 on Friday, hitting $34.32. The stock had a trading volume of 247,004 shares, compared to its average volume of 249,064. PROS has a 12-month low of $21.36 and a 12-month high of $34.54. The company has a market capitalization of $1,099.93, a PE ratio of -13.89 and a beta of 1.27. The company has a debt-to-equity ratio of -4.54, a quick ratio of 1.98 and a current ratio of 1.98.
In other PROS news, CEO Andres Reiner sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $30.78, for a total value of $615,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mariette M. Woestemeyer sold 250,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $31.00, for a total value of $7,750,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 520,000 shares of company stock valued at $16,115,600. 18.90% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently modified their holdings of PRO. Teacher Retirement System of Texas purchased a new stake in shares of PROS during the fourth quarter valued at approximately $250,000. MetLife Investment Advisors LLC bought a new position in shares of PROS during the fourth quarter valued at approximately $287,000. GSA Capital Partners LLP bought a new position in shares of PROS during the third quarter valued at approximately $303,000. Comerica Bank bought a new position in shares of PROS during the third quarter valued at approximately $360,000. Finally, Wells Fargo & Company MN raised its holdings in shares of PROS by 1.1% during the second quarter. Wells Fargo & Company MN now owns 19,890 shares of the software maker’s stock valued at $545,000 after acquiring an additional 211 shares in the last quarter. 97.35% of the stock is owned by institutional investors and hedge funds.
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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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