PROS Holdings CFO Sells $364,650 in Stock (PRO)
PROS Holdings (NYSE:PRO) CFO Charles H. Murphy unloaded 15,000 shares of the company’s stock on the open market in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $24.31, for a total transaction of $364,650.00. Following the sale, the chief financial officer now directly owns 255,062 shares of the company’s stock, valued at approximately $6,200,557. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
PROS Holdings (NYSE:PRO) traded down 0.62% on Thursday, hitting $24.23. The stock had a trading volume of 83,970 shares. PROS Holdings has a one year low of $19.00 and a one year high of $41.35. The stock has a 50-day moving average of $25.6 and a 200-day moving average of $28.84. The company’s market cap is $702.3 million.
PROS Holdings (NYSE:PRO) last announced its earnings results on Thursday, August 7th. The company reported $0.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.02. The company had revenue of $44.40 million for the quarter, compared to the consensus estimate of $45.49 million. During the same quarter last year, the company posted $0.12 earnings per share. PROS Holdings’s revenue was up 25.1% compared to the same quarter last year. On average, analysts predict that PROS Holdings will post $0.32 earnings per share for the current fiscal year.
Separately, analysts at JMP Securities reiterated an “outperform” rating on shares of PROS Holdings in a research note on Monday. They now have a $37.00 price target on the stock, down previously from $43.00. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $39.17.
PROS Holdings, Inc (NYSE:PRO) provides big data software applications designed to help companies outperform in their markets by using big data to sell more effectively.
Receive News & Ratings for PROS Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PROS Holdings Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.