57,972 Shares in PROS Holdings, Inc. (NYSE:PRO) Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC bought a new stake in shares of PROS Holdings, Inc. (NYSE:PRO - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 57,972 shares of the software maker's stock, valued at approximately $1,103,000. Jackson Creek Investment Advisors LLC owned about 0.12% of PROS at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in PRO. GAMMA Investing LLC grew its position in shares of PROS by 2,716.9% in the first quarter. GAMMA Investing LLC now owns 2,169 shares of the software maker's stock valued at $41,000 after purchasing an additional 2,092 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of PROS by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 5,670,130 shares of the software maker's stock worth $124,516,000 after buying an additional 172,997 shares during the period. MetLife Investment Management LLC boosted its position in shares of PROS by 5.4% during the fourth quarter. MetLife Investment Management LLC now owns 27,978 shares of the software maker's stock worth $614,000 after buying an additional 1,438 shares during the period. Comerica Bank boosted its position in shares of PROS by 264.5% during the fourth quarter. Comerica Bank now owns 1,571 shares of the software maker's stock worth $34,000 after buying an additional 1,140 shares during the period. Finally, Royce & Associates LP boosted its position in shares of PROS by 174.7% during the fourth quarter. Royce & Associates LP now owns 128,164 shares of the software maker's stock worth $2,814,000 after buying an additional 81,500 shares during the period. Institutional investors and hedge funds own 94.27% of the company's stock.

PROS Price Performance

Shares of PRO traded down $0.12 during midday trading on Friday, reaching $15.47. 26,973 shares of the stock were exchanged, compared to its average volume of 606,959. The company has a market capitalization of $740.19 million, a price-to-earnings ratio of -55.24 and a beta of 0.98. PROS Holdings, Inc. has a twelve month low of $13.61 and a twelve month high of $29.84. The business's 50-day moving average price is $16.81 and its 200 day moving average price is $19.71.

PROS (NYSE:PRO - Get Free Report) last issued its quarterly 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 company had revenue of $86.32 million during the quarter, compared to analyst estimates of $85.69 million. During the same quarter last year, the firm earned $0.04 EPS. The business's revenue was up 7.0% on a year-over-year basis. As a group, equities research analysts expect that PROS Holdings, Inc. will post -0.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Northland Securities set a $38.00 price target on PROS in a research report on Wednesday, May 28th. Wall Street Zen upgraded PROS from a "hold" rating to a "buy" rating in a report on Sunday, July 13th. KeyCorp decreased their target price on PROS from $31.00 to $22.00 and set an "overweight" rating for the company in a report on Friday, May 2nd. Baird R W lowered PROS from a "strong-buy" rating to a "hold" rating in a report on Monday, June 16th. Finally, Stifel Nicolaus decreased their target price on PROS from $24.00 to $20.00 and set a "buy" rating for the company in a report on Tuesday, July 8th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $27.50.

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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