PROS Holdings, Inc. (PRO) CEO Andres Reiner Sells 10,000 Shares of Stock

PROS Holdings, Inc. (NYSE:PRO) CEO Andres Reiner sold 10,000 shares of PROS stock in a transaction on Tuesday, June 12th. The shares were sold at an average price of $35.03, for a total value of $350,300.00. Following the transaction, the chief executive officer now owns 475,399 shares in the company, valued at $16,653,226.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Andres Reiner also recently made the following trade(s):

  • On Wednesday, April 18th, Andres Reiner sold 15,000 shares of PROS stock. The shares were sold at an average price of $33.52, for a total value of $502,800.00.

NYSE:PRO traded up $0.19 on Thursday, reaching $36.57. 2,656 shares of the company’s stock traded hands, compared to its average volume of 241,071. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of -4.24. The stock has a market cap of $1.14 billion, a PE ratio of -24.05 and a beta of 1.25. PROS Holdings, Inc. has a 12 month low of $21.36 and a 12 month high of $36.83.

PROS (NYSE:PRO) last posted its quarterly earnings results on Thursday, April 26th. The software maker reported ($0.19) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.20) by $0.01. The business had revenue of $47.91 million for the quarter, compared to the consensus estimate of $46.06 million. PROS’s revenue was up 19.4% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.24) earnings per share. sell-side analysts anticipate that PROS Holdings, Inc. will post -1.34 earnings per share for the current fiscal year.

Several research firms recently weighed in on PRO. Zacks Investment Research upgraded PROS from a “sell” rating to a “hold” rating in a research report on Thursday. Northland Securities upgraded PROS from a “market perform” rating to an “outperform” rating in a research report on Friday, June 1st. DA Davidson lifted their target price on PROS to $31.00 and gave the company a “neutral” rating in a research report on Friday, May 18th. They noted that the move was a valuation call. KeyCorp began coverage on PROS in a research report on Tuesday, May 8th. They set an “overweight” rating and a $40.00 target price on the stock. Finally, Needham & Company LLC lifted their target price on PROS to $40.00 and gave the company a “strong-buy” rating in a research report on Monday, March 5th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $33.86.

Large investors have recently bought and sold shares of the business. ETRADE Capital Management LLC bought a new stake in PROS during the first quarter valued at about $222,000. Teacher Retirement System of Texas bought a new stake in PROS during the fourth quarter valued at about $250,000. Balter Liquid Alternatives LLC bought a new stake in PROS during the first quarter valued at about $334,000. MetLife Investment Advisors LLC bought a new stake in PROS during the fourth quarter valued at about $287,000. Finally, Barclays PLC raised its holdings in PROS by 161.2% during the first quarter. Barclays PLC now owns 11,050 shares of the software maker’s stock valued at $364,000 after acquiring an additional 6,819 shares during the period.

About PROS

PROS Holdings, Inc, a cloud software company, provides solutions for companies to price, configure, and sell their products and services to their customers. The company offers SellingPRO solutions, which include configuration, quoting, and e-commerce capabilities with data science; and PricingPRO solutions that deliver insight into pricing practices and provides pricing recommendations, as well as enhances control over pricing execution.

Insider Buying and Selling by Quarter for PROS (NYSE:PRO)

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