PROS Holdings, Inc. (NYSE:PRO) has been assigned a consensus recommendation of “Buy” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $31.60.

Several research firms have recently weighed in on PRO. Stifel Nicolaus reiterated a “hold” rating and set a $28.00 target price on shares of PROS Holdings in a research report on Sunday. Pacific Crest lifted their target price on PROS Holdings from $30.00 to $35.00 and gave the stock an “overweight” rating in a research report on Thursday, June 29th.

Shares of PROS Holdings (PRO) traded up 0.56% on Wednesday, reaching $25.00. 184,100 shares of the company’s stock were exchanged. The company’s 50 day moving average is $24.82 and its 200-day moving average is $26.18. The stock’s market cap is $794.73 million. PROS Holdings has a one year low of $20.34 and a one year high of $30.49.

PROS Holdings (NYSE:PRO) last released its earnings results on Thursday, August 3rd. The software maker reported ($0.35) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.04. PROS Holdings had a negative return on equity of 2,114.05% and a negative net margin of 46.55%. The business had revenue of $40.40 million during the quarter, compared to the consensus estimate of $39.48 million. During the same period last year, the company earned ($0.26) earnings per share. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. On average, analysts anticipate that PROS Holdings will post ($0.87) EPS for the current year.

In other PROS Holdings news, Director Ronald F. Woestemeyer sold 50,000 shares of PROS Holdings stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $25.51, for a total value of $1,275,500.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Andres Reiner sold 28,175 shares of PROS Holdings stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $28.67, for a total value of $807,777.25. Following the completion of the transaction, the chief executive officer now owns 423,140 shares in the company, valued at approximately $12,131,423.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 86,350 shares of company stock worth $2,296,808. Insiders own 17.20% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Castleark Management LLC grew its stake in PROS Holdings by 20.6% in the second quarter. Castleark Management LLC now owns 314,937 shares of the software maker’s stock valued at $8,626,000 after purchasing an additional 53,872 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in PROS Holdings by 4.5% in the second quarter. The Manufacturers Life Insurance Company now owns 20,852 shares of the software maker’s stock valued at $571,000 after purchasing an additional 901 shares during the last quarter. Daruma Capital Management LLC grew its stake in PROS Holdings by 2,559.7% in the second quarter. Daruma Capital Management LLC now owns 1,415,984 shares of the software maker’s stock valued at $38,784,000 after purchasing an additional 1,362,746 shares during the last quarter. State Street Corp grew its stake in PROS Holdings by 7.2% in the second quarter. State Street Corp now owns 501,860 shares of the software maker’s stock valued at $13,750,000 after purchasing an additional 33,554 shares during the last quarter. Finally, ETF Managers Group LLC purchased a new position in PROS Holdings in the second quarter valued at about $110,000. Institutional investors own 91.59% of the company’s stock.

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PROS Holdings Company Profile

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.

Analyst Recommendations for PROS Holdings (NYSE:PRO)

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