G2 Investment Partners Management LLC Trims Holdings in PROS Holdings, Inc. (NYSE:PRO)

G2 Investment Partners Management LLC lessened its holdings in shares of PROS Holdings, Inc. (NYSE:PRO - Free Report) by 62.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 175,392 shares of the software maker's stock after selling 295,261 shares during the quarter. PROS comprises 2.0% of G2 Investment Partners Management LLC's portfolio, making the stock its 17th biggest holding. G2 Investment Partners Management LLC owned 0.38% of PROS worth $6,803,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Eagle Asset Management Inc. raised its holdings in shares of PROS by 12.4% during the 4th quarter. Eagle Asset Management Inc. now owns 768,290 shares of the software maker's stock worth $29,802,000 after acquiring an additional 84,678 shares in the last quarter. Comerica Bank purchased a new stake in shares of PROS during the 3rd quarter worth approximately $8,123,000. Ghisallo Capital Management LLC purchased a new stake in shares of PROS during the 4th quarter worth approximately $1,831,000. Charles Schwab Investment Management Inc. raised its holdings in shares of PROS by 4.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 332,166 shares of the software maker's stock worth $11,500,000 after acquiring an additional 15,101 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of PROS by 549.7% during the 3rd quarter. Invesco Ltd. now owns 217,483 shares of the software maker's stock worth $7,529,000 after acquiring an additional 184,007 shares in the last quarter. Institutional investors own 94.27% of the company's stock.

Insider Buying and Selling at PROS

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

PROS Trading Down 4.0 %

Shares of NYSE PRO traded down $1.13 during trading hours on Thursday, hitting $26.81. 195,950 shares of the company traded hands, compared to its average volume of 312,772. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -25.51 and a beta of 1.24. The company's 50 day moving average price is $32.28 and its 200 day moving average price is $34.88. PROS Holdings, Inc. has a 12 month low of $26.52 and a 12 month high of $40.99.

PROS (NYSE:PRO - Get Free Report) last released its earnings results on Tuesday, May 7th. The software maker reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.03. The company had revenue of $80.69 million for the quarter, compared to the consensus estimate of $79.84 million. The business's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.28) EPS. Equities analysts anticipate that PROS Holdings, Inc. will post -0.5 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.