PROS Holdings, Inc. $PRO is Kopion Asset Management LLC's 6th Largest Position

Key Points

• Kopion Asset Management LLC increased its stake in PROS Holdings by 62.3% during the second quarter, making it the firm's 6th largest position, comprising about 6.8% of its investment portfolio.
• PROS stock has an average price target of $25.86 with several analysts maintaining a "buy" rating, despite varied price objectives from firms like Stifel Nicolaus and Robert W. Baird.
• The company reported a revenue of $88.72 million and earnings per share of $0.13 for the last quarter, exceeding analysts' expectations and representing an 8.2% year-over-year revenue growth.

Kopion Asset Management LLC boosted its stake in shares of PROS Holdings, Inc. (NYSE:PRO - Free Report) by 62.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 644,440 shares of the software maker's stock after acquiring an additional 247,381 shares during the quarter. PROS comprises about 6.8% of Kopion Asset Management LLC's investment portfolio, making the stock its 6th biggest position. Kopion Asset Management LLC owned 1.35% of PROS worth $10,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC boosted its holdings in shares of PROS by 2,716.9% in the 1st quarter. GAMMA Investing LLC now owns 2,169 shares of the software maker's stock worth $41,000 after purchasing an additional 2,092 shares during the period. Mackenzie Financial Corp purchased a new position in PROS during the first quarter worth $594,000. Teacher Retirement System of Texas purchased a new position in PROS during the first quarter worth $419,000. Comerica Bank increased its position in PROS by 264.5% during the fourth quarter. Comerica Bank now owns 1,571 shares of the software maker's stock valued at $34,000 after acquiring an additional 1,140 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of PROS by 14.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 114,987 shares of the software maker's stock valued at $2,525,000 after acquiring an additional 14,216 shares during the period. 94.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Needham & Company LLC restated a "buy" rating and issued a $25.00 target price on shares of PROS in a report on Thursday, June 12th. Stifel Nicolaus decreased their price objective on shares of PROS from $24.00 to $20.00 and set a "buy" rating for the company in a research note on Tuesday, July 8th. Baird R W cut PROS from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 16th. Northland Securities set a $38.00 price target on PROS in a research note on Wednesday, May 28th. Finally, Robert W. Baird cut PROS from an "outperform" rating to a "neutral" rating and dropped their price objective for the company from $27.00 to $18.00 in a report on Monday, June 16th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, PROS has a consensus rating of "Moderate Buy" and an average price target of $25.86.

PROS Stock Performance

PROS stock opened at $14.55 on Monday. The company has a market capitalization of $699.99 million, a PE ratio of -66.14 and a beta of 1.02. The company has a 50 day moving average price of $15.36 and a 200-day moving average price of $17.09. PROS Holdings, Inc. has a fifty-two week low of $13.61 and a fifty-two week high of $29.84.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.