PROS Holdings, Inc. (PRO) Shares Bought by Kennedy Capital Management Inc.

Kennedy Capital Management Inc. raised its position in shares of PROS Holdings, Inc. (NYSE:PRO) by 0.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 595,039 shares of the software maker’s stock after buying an additional 2,965 shares during the period. Kennedy Capital Management Inc. owned about 1.93% of PROS Holdings worth $14,394,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PRO. Next Century Growth Investors LLC purchased a new stake in shares of PROS Holdings during the first quarter worth approximately $1,029,000. Geode Capital Management LLC raised its stake in shares of PROS Holdings by 7.2% in the first quarter. Geode Capital Management LLC now owns 193,686 shares of the software maker’s stock worth $4,685,000 after buying an additional 12,945 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of PROS Holdings by 10.5% in the first quarter. Vanguard Group Inc. now owns 1,203,757 shares of the software maker’s stock worth $29,119,000 after buying an additional 114,641 shares during the last quarter. Menta Capital LLC purchased a new stake in shares of PROS Holdings during the first quarter worth approximately $267,000. Finally, Marshall Wace North America L.P. purchased a new stake in shares of PROS Holdings during the first quarter worth approximately $484,000. 89.48% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for PROS Holdings (NYSE:PRO)

PROS Holdings, Inc. (NYSE PRO) traded down 0.74% on Tuesday, hitting $27.00. The company had a trading volume of 178,851 shares. The stock’s market capitalization is $848.72 million. PROS Holdings, Inc. has a one year low of $15.49 and a one year high of $30.49. The stock has a 50 day moving average of $27.44 and a 200-day moving average of $23.88.

PROS Holdings (NYSE:PRO) last released its earnings results on Tuesday, May 2nd. The software maker reported ($0.34) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.08. The company had revenue of $40.13 million during the quarter, compared to analyst estimates of $38.60 million. PROS Holdings had a negative return on equity of 2,114.05% and a negative net margin of 48.21%. Equities analysts anticipate that PROS Holdings, Inc. will post ($0.88) EPS for the current year.

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PRO has been the topic of several recent analyst reports. ValuEngine upgraded PROS Holdings from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Deutsche Bank AG boosted their target price on PROS Holdings to $35.00 and gave the company a “buy” rating in a research note on Wednesday, May 3rd. Stifel Nicolaus boosted their target price on PROS Holdings from $23.00 to $26.00 and gave the company a “buy” rating in a research note on Wednesday, May 3rd. Needham & Company LLC boosted their target price on PROS Holdings from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, February 23rd. Finally, Zacks Investment Research upgraded PROS Holdings from a “sell” rating to a “hold” rating in a research note on Friday, March 31st. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $30.25.

In other PROS Holdings news, CEO Andres Reiner sold 28,175 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $29.48, for a total transaction of $830,599.00. Following the completion of the transaction, the chief executive officer now owns 439,490 shares of the company’s stock, valued at approximately $12,956,165.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Leslie J. Rechan purchased 4,000 shares of the stock in a transaction on Thursday, May 11th. The shares were acquired at an average cost of $25.54 per share, with a total value of $102,160.00. The disclosure for this purchase can be found here. Insiders have sold a total of 158,976 shares of company stock valued at $4,043,736 in the last ninety days. 17.20% of the stock is currently owned by corporate insiders.

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.

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