Diversified Trust Co Makes New Investment in PROS Holdings, Inc. $PRO

Key Points

• Diversified Trust Co acquired a new stake in PROS Holdings, purchasing 13,273 shares valued at approximately $208,000 during the second quarter.
• Multiple large investors have significantly increased their positions in PROS Holdings, with institutional ownership now at 94.27% of the stock.
• A number of analysts have downgraded PROS, with the stock currently holding an average rating of "Hold" and a consensus price target of $25.86.

Diversified Trust Co bought a new stake in PROS Holdings, Inc. (NYSE:PRO - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 13,273 shares of the software maker's stock, valued at approximately $208,000.

Several other large investors also recently made changes to their positions in PRO. GAMMA Investing LLC grew its position in PROS by 2,716.9% in the 1st 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 during the period. CWM LLC grew its holdings in shares of PROS by 153.6% during the first quarter. CWM LLC now owns 7,666 shares of the software maker's stock valued at $146,000 after buying an additional 4,643 shares during the last quarter. Virtus Advisers LLC acquired a new position in shares of PROS during the first quarter valued at about $170,000. Ieq Capital LLC acquired a new position in PROS during the 1st quarter valued at about $207,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in PROS by 26.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,789 shares of the software maker's stock valued at $243,000 after purchasing an additional 2,701 shares during the last quarter. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on PRO. Baird R W downgraded shares of PROS from a "strong-buy" rating to a "hold" rating in a report on Monday, June 16th. Northland Securities set a $38.00 price target on shares of PROS in a report on Wednesday, May 28th. Needham & Company LLC cut shares of PROS from a "buy" rating to a "hold" rating and set a $25.00 price target on the stock. in a report on Tuesday. Stifel Nicolaus cut their target price on PROS from $24.00 to $20.00 and set a "buy" rating on the stock in a research note on Tuesday, July 8th. Finally, Robert W. Baird downgraded PROS from an "outperform" rating to a "neutral" rating and cut their target price for the stock from $27.00 to $18.00 in a research note on Monday, June 16th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $25.86.

PROS Price Performance

NYSE PRO opened at $22.97 on Thursday. PROS Holdings, Inc. has a 1 year low of $13.61 and a 1 year high of $29.84. The stock has a market capitalization of $1.11 billion, a PE ratio of -104.43 and a beta of 1.02. The company's 50 day simple moving average is $15.77 and its two-hundred day simple moving average is $16.88.

PROS (NYSE:PRO - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The software maker reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.07. The business had revenue of $88.72 million during the quarter, compared to analysts' expectations of $87.70 million. The business's revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.07 EPS. PROS has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.150-0.17 EPS. On average, research analysts anticipate that PROS Holdings, Inc. will post -0.2 EPS for the current year.

PROS Company 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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