Wall Street brokerages expect that PROS Holdings, Inc. (NYSE:PRO) will post sales of $39.39 million for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for PROS Holdings’ earnings, with estimates ranging from $38.81 million to $40.50 million. PROS Holdings posted sales of $37.04 million in the same quarter last year, which would indicate a positive year over year growth rate of 6.3%. The company is expected to announce its next earnings results on Tuesday, August 1st.

On average, analysts expect that PROS Holdings will report full-year sales of $39.39 million for the current financial year, with estimates ranging from $163.43 million to $165.02 million. For the next year, analysts anticipate that the company will report sales of $184.56 million per share, with estimates ranging from $177.80 million to $190.48 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for PROS Holdings.

PROS Holdings (NYSE:PRO) last issued its quarterly earnings results on Tuesday, May 2nd. The software maker reported ($0.34) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.42) by $0.08. The company had revenue of $40.13 million during the quarter, compared to the consensus estimate of $38.60 million.

Several analysts have issued reports on the company. Deutsche Bank AG upped their target price on PROS Holdings to $35.00 and gave the company a “buy” rating in a report on Wednesday, May 3rd. Zacks Investment Research upgraded PROS Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, April 11th. ValuEngine upgraded PROS Holdings from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. William Blair restated an “outperform” rating on shares of PROS Holdings in a report on Monday, February 13th. Finally, Stifel Nicolaus upped their target price on PROS Holdings from $23.00 to $26.00 and gave the company a “buy” rating in a report on Wednesday, May 3rd. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. PROS Holdings currently has an average rating of “Buy” and a consensus target price of $30.25.

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In related news, Director Leslie J. Rechan bought 4,000 shares of the company’s stock in a transaction on Thursday, May 11th. The stock was bought at an average cost of $25.54 per share, for a total transaction of $102,160.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andres Reiner sold 50,000 shares of the company’s stock in a transaction on Tuesday, March 14th. The shares were sold at an average price of $22.40, for a total value of $1,120,000.00. Following the completion of the sale, the chief executive officer now owns 487,638 shares of the company’s stock, valued at $10,923,091.20. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 208,976 shares of company stock valued at $5,163,736. 18.90% of the stock is owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Menta Capital LLC acquired a new position in PROS Holdings during the first quarter worth $267,000. Dynamic Technology Lab Private Ltd acquired a new position in PROS Holdings during the fourth quarter worth $315,000. American International Group Inc. boosted its position in PROS Holdings by 7.0% in the first quarter. American International Group Inc. now owns 15,507 shares of the software maker’s stock worth $375,000 after buying an additional 1,021 shares in the last quarter. Trexquant Investment LP acquired a new position in PROS Holdings during the first quarter worth $405,000. Finally, Stifel Financial Corp boosted its position in PROS Holdings by 21.3% in the first quarter. Stifel Financial Corp now owns 18,745 shares of the software maker’s stock worth $454,000 after buying an additional 3,288 shares in the last quarter. Institutional investors and hedge funds own 91.13% of the company’s stock.

Shares of PROS Holdings (NYSE PRO) traded down 5.32% during mid-day trading on Friday, reaching $27.93. The company had a trading volume of 252,288 shares. PROS Holdings has a 1-year low of $15.49 and a 1-year high of $30.49. The stock’s 50-day moving average price is $26.84 and its 200 day moving average price is $23.75. The company’s market capitalization is $877.95 million.

About PROS Holdings

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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