PROS Holdings, Inc. $PRO Holdings Raised by Trexquant Investment LP

Key Points

• Trexquant Investment LP significantly boosted its stake in PROS Holdings by 224.9%, owning 251,910 shares valued at approximately $4.79 million as of its latest SEC filing.
• PROS reported earnings of $0.13 per share, exceeding analyst estimates, and its revenue for the quarter was up 8.2% year-over-year.
• The stock currently has a consensus rating of Moderate Buy with an average price target of $25.86, despite recent downgrades from some analysts.

Trexquant Investment LP raised its position in PROS Holdings, Inc. (NYSE:PRO - Free Report) by 224.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 251,910 shares of the software maker's stock after acquiring an additional 174,369 shares during the quarter. Trexquant Investment LP owned 0.53% of PROS worth $4,794,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of PRO. Nuveen LLC acquired a new stake in shares of PROS during the first quarter worth approximately $23,893,000. Nuveen Asset Management LLC grew its position in shares of PROS by 340.3% during the fourth quarter. Nuveen Asset Management LLC now owns 1,383,315 shares of the software maker's stock worth $30,378,000 after buying an additional 1,069,141 shares in the last quarter. EVR Research LP grew its position in shares of PROS by 939.7% during the first quarter. EVR Research LP now owns 727,822 shares of the software maker's stock worth $13,850,000 after buying an additional 657,822 shares in the last quarter. Vanguard Group Inc. grew its position in shares of PROS by 3.1% during the first quarter. Vanguard Group Inc. now owns 5,847,056 shares of the software maker's stock worth $111,269,000 after buying an additional 176,926 shares in the last quarter. Finally, Royce & Associates LP grew its position in shares of PROS by 131.0% during the first quarter. Royce & Associates LP now owns 296,114 shares of the software maker's stock worth $5,635,000 after buying an additional 167,950 shares in the last quarter. Institutional investors and hedge funds own 94.27% of the company's stock.

PROS Stock Up 2.5%

PRO stock traded up $0.38 during mid-day trading on Friday, reaching $15.49. The company had a trading volume of 391,407 shares, compared to its average volume of 749,672. The stock has a market capitalization of $745.13 million, a P/E ratio of -70.40 and a beta of 1.02. PROS Holdings, Inc. has a one year low of $13.61 and a one year high of $29.84. The stock's 50-day simple moving average is $15.46 and its two-hundred day simple moving average is $17.49.

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

Wall Street Analyst Weigh In

PRO has been the subject of a number of recent analyst reports. Robert W. Baird downgraded shares of PROS from an "outperform" rating to a "neutral" rating and decreased their price target for the stock from $27.00 to $18.00 in a research report on Monday, June 16th. Baird R W downgraded shares of PROS from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 16th. Northland Securities set a $38.00 price target on shares of PROS in a research report on Wednesday, May 28th. Needham & Company LLC reissued a "buy" rating and set a $25.00 price target on shares of PROS in a research report on Thursday, June 12th. Finally, Wall Street Zen upgraded PROS from a "hold" rating to a "buy" rating in a research note on Sunday, July 13th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $25.86.

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.