PROS Holdings, Inc. (PRO) CEO Andres Reiner Sells 28,175 Shares

PROS Holdings, Inc. (NYSE:PRO) CEO Andres Reiner sold 28,175 shares of the stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $29.48, for a total value 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 $12,956,165.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Tuesday, May 2nd, Andres Reiner sold 3,426 shares of PROS Holdings stock. The shares were sold at an average price of $25.00, for a total value of $85,650.00.
  • On Monday, May 1st, Andres Reiner sold 41,098 shares of PROS Holdings stock. The shares were sold at an average price of $24.84, for a total value of $1,020,874.32.
  • On Wednesday, May 3rd, Andres Reiner sold 52,698 shares of PROS Holdings stock. The shares were sold at an average price of $24.88, for a total value of $1,311,126.24.
  • On Monday, April 3rd, Andres Reiner sold 13,579 shares of PROS Holdings stock. The shares were sold at an average price of $23.69, for a total value of $321,686.51.
  • On Tuesday, April 4th, Andres Reiner sold 20,000 shares of PROS Holdings stock. The shares were sold at an average price of $23.69, for a total value of $473,800.00.
  • On Tuesday, March 14th, Andres Reiner sold 50,000 shares of PROS Holdings stock. The shares were sold at an average price of $22.40, for a total value of $1,120,000.00.

Shares of PROS Holdings, Inc. (PRO) traded down 3.04% during trading on Tuesday, hitting $28.73. The stock had a trading volume of 283,914 shares. The company’s market capitalization is $903.10 million. The firm has a 50-day moving average price of $26.36 and a 200 day moving average price of $23.65. PROS Holdings, Inc. has a 52 week low of $15.49 and a 52 week high of $30.49.

PROS Holdings (NYSE:PRO) last issued its earnings results on Tuesday, May 2nd. The software maker reported ($0.34) EPS for the quarter, beating the consensus estimate of ($0.42) by $0.08. The business had revenue of $40.13 million for the quarter, compared to analysts’ expectations of $38.60 million. Equities analysts anticipate that PROS Holdings, Inc. will post ($0.88) earnings per share for the current year.

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

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A number of hedge funds have recently modified their holdings of the stock. Conestoga Capital Advisors LLC increased its stake in shares of PROS Holdings by 2.8% in the first quarter. Conestoga Capital Advisors LLC now owns 1,408,121 shares of the software maker’s stock valued at $34,062,000 after buying an additional 37,820 shares in the last quarter. Teachers Advisors LLC increased its stake in shares of PROS Holdings by 2.8% in the fourth quarter. Teachers Advisors LLC now owns 41,140 shares of the software maker’s stock valued at $885,000 after buying an additional 1,105 shares in the last quarter. Norges Bank acquired a new stake in shares of PROS Holdings during the fourth quarter valued at approximately $9,415,000. Castleark Management LLC acquired a new stake in shares of PROS Holdings during the fourth quarter valued at approximately $4,385,000. Finally, Sagard Capital Partners Management Corp increased its stake in shares of PROS Holdings by 25.7% in the fourth quarter. Sagard Capital Partners Management Corp now owns 1,073,093 shares of the software maker’s stock valued at $23,093,000 after buying an additional 219,727 shares in the last quarter. Institutional investors and hedge funds own 91.13% of the company’s stock.

Several equities analysts have commented on the company. Deutsche Bank AG increased their target price on PROS Holdings to $35.00 and gave the company a “buy” rating in a research report on Wednesday, May 3rd. ValuEngine upgraded PROS Holdings from a “sell” rating to a “hold” rating in a research report on Friday. Zacks Investment Research upgraded PROS Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, April 11th. William Blair reiterated an “outperform” rating on shares of PROS Holdings in a research report on Monday, February 13th. Finally, Stifel Nicolaus raised their price objective on PROS Holdings from $23.00 to $26.00 and gave the stock a “buy” rating in a research report on Wednesday, May 3rd. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. PROS Holdings presently has an average rating of “Buy” and a consensus target price of $30.25.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “PRO”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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