24,573 Shares in PROS Holdings, Inc. (NYSE:PRO) Acquired by PharVision Advisers LLC

PharVision Advisers LLC acquired a new stake in PROS Holdings, Inc. (NYSE:PRO - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,573 shares of the software maker's stock, valued at approximately $540,000. PharVision Advisers LLC owned 0.05% of PROS at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its position in shares of PROS by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 5,670,130 shares of the software maker's stock valued at $124,516,000 after acquiring an additional 172,997 shares during the last quarter. Alyeska Investment Group L.P. grew its stake in shares of PROS by 334.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,748,055 shares of the software maker's stock worth $38,387,000 after purchasing an additional 1,345,256 shares during the period. Nuveen Asset Management LLC lifted its stake in PROS by 340.3% in the fourth quarter. Nuveen Asset Management LLC now owns 1,383,315 shares of the software maker's stock valued at $30,378,000 after buying an additional 1,069,141 shares during the period. Deutsche Bank AG lifted its stake in PROS by 21.5% in the fourth quarter. Deutsche Bank AG now owns 791,707 shares of the software maker's stock valued at $17,386,000 after buying an additional 140,210 shares during the period. Finally, Northern Trust Corp boosted its holdings in PROS by 7.9% during the fourth quarter. Northern Trust Corp now owns 448,234 shares of the software maker's stock worth $9,843,000 after buying an additional 32,980 shares during the last quarter. 94.27% of the stock is owned by institutional investors.

PROS Trading Up 0.4%

NYSE PRO opened at $18.09 on Wednesday. The company has a fifty day simple moving average of $17.90 and a 200 day simple moving average of $21.62. The company has a market cap of $865.64 million, a P/E ratio of -41.11 and a beta of 1.06. PROS Holdings, Inc. has a 12-month low of $14.81 and a 12-month high of $32.87.

PROS (NYSE:PRO - Get Free Report) last released its earnings results on Thursday, May 1st. The software maker reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The business had revenue of $86.32 million during the quarter, compared to the consensus estimate of $85.69 million. The business's revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.04 earnings per share. Sell-side analysts predict that PROS Holdings, Inc. will post -0.2 EPS for the current year.

Wall Street Analyst Weigh In

PRO has been the subject of a number of recent analyst reports. Robert W. Baird lowered their price target on PROS from $30.00 to $27.00 and set an "outperform" rating for the company in a research note on Tuesday, April 8th. StockNews.com lowered shares of PROS from a "strong-buy" rating to a "buy" rating in a report on Wednesday, May 7th. KeyCorp lowered their price target on PROS from $31.00 to $22.00 and set an "overweight" rating for the company in a report on Friday, May 2nd. Stifel Nicolaus dropped their price objective on shares of PROS from $30.00 to $24.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, Needham & Company LLC reduced their price objective on PROS from $30.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $29.13.

PROS Profile

PROS Holdings, Inc provides software solutions that optimize the processes of selling and shopping in the digital economy in Europe, the Asia Pacific, the Middle East, Africa, and internationally. The company offers PROS Smart Configure Price Quote that improves sales productivity and accelerate deal velocity by automating common sales tasks; and PROS Smart Price Optimization and Management, which enables businesses to optimize, personalize, and harmonize pricing.

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