Stephens Investment Management Group LLC Sells 110,191 Shares of PROS Holdings, Inc. $PRO

Stephens Investment Management Group LLC decreased its position in shares of PROS Holdings, Inc. (NYSE:PRO - Free Report) by 10.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 991,627 shares of the software maker's stock after selling 110,191 shares during the period. Stephens Investment Management Group LLC owned approximately 2.07% of PROS worth $15,529,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC lifted its stake in PROS by 2,716.9% in the first quarter. GAMMA Investing LLC now owns 2,169 shares of the software maker's stock worth $41,000 after acquiring an additional 2,092 shares during the period. Teacher Retirement System of Texas acquired a new position in PROS in the 1st quarter worth approximately $419,000. Envestnet Asset Management Inc. increased its holdings in PROS by 2.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 306,119 shares of the software maker's stock worth $5,825,000 after buying an additional 8,656 shares during the period. CWM LLC boosted its position in PROS by 153.6% in the 1st quarter. CWM LLC now owns 7,666 shares of the software maker's stock worth $146,000 after purchasing an additional 4,643 shares in the last quarter. Finally, Jackson Creek Investment Advisors LLC purchased a new stake in PROS in the 1st quarter worth approximately $1,103,000. Institutional investors own 94.27% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on PRO. Northland Securities set a $23.25 price target on shares of PROS in a research note on Tuesday, September 30th. Needham & Company LLC lowered PROS from a "buy" rating to a "hold" rating and set a $25.00 price target on the stock. in a report on Tuesday, September 23rd. KeyCorp lowered shares of PROS from an "overweight" rating to a "sector weight" rating in a report on Tuesday, September 23rd. Northland Capmk lowered shares of PROS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 30th. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of PROS in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, PROS currently has an average rating of "Hold" and a consensus target price of $23.75.

PROS Stock Down 0.0%

PRO opened at $23.03 on Thursday. The business's fifty day simple moving average is $18.80 and its 200 day simple moving average is $17.25. PROS Holdings, Inc. has a 52 week low of $13.61 and a 52 week high of $29.84. The firm has a market cap of $1.11 billion, a P/E ratio of -104.66 and a beta of 1.05.

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

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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