50,507 Shares in PROS Holdings, Inc. (NYSE:PRO) Bought by S Squared Technology LLC

S Squared Technology LLC bought a new position in shares of PROS Holdings, Inc. (NYSE:PRO - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 50,507 shares of the software maker's stock, valued at approximately $1,959,000. PROS accounts for about 1.0% of S Squared Technology LLC's investment portfolio, making the stock its 26th biggest position. S Squared Technology LLC owned 0.11% of PROS as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in PRO. Eagle Asset Management Inc. increased its stake in PROS by 12.4% in the fourth quarter. Eagle Asset Management Inc. now owns 768,290 shares of the software maker's stock valued at $29,802,000 after acquiring an additional 84,678 shares during the last quarter. Axiom Investors LLC DE increased its stake in PROS by 243.0% in the fourth quarter. Axiom Investors LLC DE now owns 363,852 shares of the software maker's stock valued at $14,114,000 after acquiring an additional 257,777 shares during the last quarter. Parallel Advisors LLC increased its stake in PROS by 137.6% in the fourth quarter. Parallel Advisors LLC now owns 701 shares of the software maker's stock valued at $27,000 after acquiring an additional 406 shares during the last quarter. Trexquant Investment LP increased its stake in PROS by 73.8% in the fourth quarter. Trexquant Investment LP now owns 57,670 shares of the software maker's stock valued at $2,237,000 after acquiring an additional 24,489 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in PROS in the fourth quarter valued at approximately $495,000. 94.27% of the stock is owned by institutional investors.

Insider Activity at PROS

In other PROS news, CFO Stefan B. Schulz sold 6,000 shares of PROS stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $31.03, for a total value of $186,180.00. Following the completion of the sale, the chief financial officer now directly owns 258,327 shares of the company's stock, valued at $8,015,886.81. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other PROS news, Director Leland Jourdan sold 2,162 shares of PROS stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $31.03, for a total value of $67,086.86. Following the completion of the sale, the director now directly owns 13,313 shares of the company's stock, valued at $413,102.39. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Stefan B. Schulz sold 6,000 shares of PROS stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $31.03, for a total transaction of $186,180.00. Following the completion of the sale, the chief financial officer now directly owns 258,327 shares of the company's stock, valued at $8,015,886.81. The disclosure for this sale can be found here. 3.70% of the stock is owned by company insiders.

PROS Trading Down 1.9 %

PRO stock traded down $0.53 during midday trading on Friday, hitting $28.04. The stock had a trading volume of 588,820 shares, compared to its average volume of 315,357. The firm has a market cap of $1.32 billion, a P/E ratio of -26.70 and a beta of 1.24. PROS Holdings, Inc. has a 1-year low of $27.58 and a 1-year high of $40.99. The business has a fifty day moving average price of $32.78 and a two-hundred day moving average price of $35.06.

PROS (NYSE:PRO - Get Free Report) last released its earnings results on Tuesday, May 7th. The software maker reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.03. The firm had revenue of $80.69 million during the quarter, compared to analyst estimates of $79.84 million. PROS's quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.28) EPS. On average, equities analysts anticipate that PROS Holdings, Inc. will post -0.5 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC restated a "buy" rating and issued a $40.00 target price on shares of PROS in a research report on Thursday, May 23rd.

About PROS

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.