Susquehanna Fundamental Investments LLC Makes New $1.82 Million Investment in PROS Holdings, Inc. (NYSE:PRO)

Susquehanna Fundamental Investments LLC bought a new stake in PROS Holdings, Inc. (NYSE:PRO - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 82,772 shares of the software maker's stock, valued at approximately $1,818,000. Susquehanna Fundamental Investments LLC owned 0.17% of PROS as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in PRO. Quadrant Capital Group LLC lifted its holdings in shares of PROS by 153.3% in the 4th quarter. Quadrant Capital Group LLC now owns 1,530 shares of the software maker's stock worth $34,000 after purchasing an additional 926 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in PROS during the 4th quarter valued at $156,000. State of Tennessee Department of Treasury purchased a new stake in PROS in the 4th quarter worth approximately $164,000. Natixis Advisors LLC bought a new position in shares of PROS during the 4th quarter valued at $237,000. Finally, Aigen Investment Management LP acquired a new stake in shares of PROS in the fourth quarter worth $252,000. Institutional investors and hedge funds own 94.27% of the company's stock.

PROS Price Performance

Shares of PROS stock traded down $0.14 during trading on Tuesday, reaching $16.16. 93,640 shares of the stock traded hands, compared to its average volume of 533,361. The business has a fifty day simple moving average of $19.04 and a two-hundred day simple moving average of $21.74. PROS Holdings, Inc. has a 52-week low of $14.81 and a 52-week high of $33.50. The company has a market capitalization of $772.16 million, a price-to-earnings ratio of -36.61 and a beta of 1.04.

PROS (NYSE:PRO - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The software maker reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. The business had revenue of $86.32 million for the quarter, compared to analysts' expectations of $85.69 million. The business's revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.04 EPS. On average, research analysts predict that PROS Holdings, Inc. will post -0.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on PRO shares. Stifel Nicolaus lowered their target price on shares of PROS from $30.00 to $24.00 and set a "buy" rating on the stock in a report on Friday. Robert W. Baird dropped their price objective on PROS from $30.00 to $27.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 8th. Oppenheimer lowered PROS from an "outperform" rating to a "market perform" rating in a report on Thursday, January 16th. StockNews.com raised shares of PROS from a "buy" rating to a "strong-buy" rating in a report on Tuesday, April 29th. Finally, KeyCorp dropped their price target on PROS from $31.00 to $22.00 and set an "overweight" rating for the company in a report on Friday. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, PROS presently has a consensus rating of "Buy" and a consensus target price of $29.13.

Insider Activity

In other PROS news, CAO Scott William Cook sold 5,000 shares of the firm's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $29.84, for a total value of $149,200.00. Following the transaction, the chief accounting officer now directly owns 59,159 shares of the company's stock, valued at $1,765,304.56. This trade represents a 7.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 4.00% of the company's stock.

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.