Scott William Cook Sells 5,000 Shares of PROS Holdings, Inc. (NYSE:PRO) Stock

PROS Holdings, Inc. (NYSE:PRO) CAO Scott William Cook sold 5,000 shares of the company’s stock in a transaction dated Friday, February 7th. The stock was 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 of the company’s stock, valued at $1,765,304.56. This represents a 7.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

PROS Stock Down 1.1 %

Shares of PRO stock traded down $0.29 during trading hours on Tuesday, reaching $27.10. The company’s stock had a trading volume of 455,902 shares, compared to its average volume of 472,981. PROS Holdings, Inc. has a fifty-two week low of $16.64 and a fifty-two week high of $38.71. The firm’s 50 day simple moving average is $23.38 and its 200-day simple moving average is $21.24. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of -61.59 and a beta of 1.22.

PROS (NYSE:PRO) last issued its quarterly earnings results 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). Sell-side analysts predict that PROS Holdings, Inc. will post -0.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

PRO has been the subject of several recent research reports. Craig Hallum raised PROS from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Wednesday, October 30th. KeyCorp upped their price objective on PROS from $28.00 to $31.00 and gave the stock an “overweight” rating in a research report on Friday. Stifel Nicolaus upped their target price on PROS from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Friday. Oppenheimer lowered PROS from an “outperform” rating to a “market perform” rating in a report on Thursday, January 16th. Finally, Robert W. Baird upped their price objective on PROS from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, PROS currently has an average rating of “Moderate Buy” and a consensus price target of $32.00.

Institutional Investors Weigh In On PROS

Hedge funds and other institutional investors have recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new stake in PROS during the 4th quarter worth $156,000. Natixis Advisors LLC bought a new stake in PROS during the 4th quarter worth $237,000. Intech Investment Management LLC bought a new stake in PROS during the 3rd quarter worth $204,000. Hennion & Walsh Asset Management Inc. grew its position in PROS by 27.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 11,141 shares of the software maker’s stock worth $206,000 after acquiring an additional 2,393 shares during the last quarter. Finally, Aigen Investment Management LP bought a new stake in PROS during the 4th quarter worth $252,000. Institutional investors own 94.27% of the company’s stock.

About PROS

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.