PROS Holdings, Inc. (NYSE:PRO) Stock Holdings Trimmed by Walleye Capital LLC

Walleye Capital LLC lessened its holdings in PROS Holdings, Inc. (NYSE:PRO - Free Report) by 98.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,185 shares of the software maker's stock after selling 1,579,195 shares during the period. Walleye Capital LLC's holdings in PROS were worth $487,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PRO. Quadrant Capital Group LLC grew its holdings in shares of PROS by 153.3% during the fourth quarter. Quadrant Capital Group LLC now owns 1,530 shares of the software maker's stock worth $34,000 after buying an additional 926 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in PROS in the 4th quarter worth approximately $156,000. Natixis Advisors LLC purchased a new stake in PROS in the 4th quarter worth approximately $237,000. Aigen Investment Management LP acquired a new position in PROS in the 4th quarter valued at $252,000. Finally, Stephens Inc. AR lifted its stake in shares of PROS by 14.1% during the 4th quarter. Stephens Inc. AR now owns 12,616 shares of the software maker's stock worth $277,000 after purchasing an additional 1,556 shares during the period. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on PRO shares. Oppenheimer cut shares of PROS from an "outperform" rating to a "market perform" rating in a research report on Thursday, January 16th. Stifel Nicolaus boosted their price objective on shares of PROS from $26.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, February 7th. KeyCorp upped their price objective on PROS from $28.00 to $31.00 and gave the stock an "overweight" rating in a report on Friday, February 7th. Needham & Company LLC reiterated a "buy" rating and issued a $30.00 target price on shares of PROS in a report on Friday, February 7th. Finally, Robert W. Baird cut their price objective on PROS from $30.00 to $27.00 and set an "outperform" rating on the stock in a report on Tuesday, April 8th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, PROS has an average rating of "Moderate Buy" and an average price target of $31.63.

Insider Buying and Selling at PROS

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

PROS Trading Down 1.5 %

PRO stock traded down $0.27 during midday trading on Monday, hitting $17.62. 176,995 shares of the company's stock were exchanged, compared to its average volume of 470,527. The stock has a market capitalization of $841.94 million, a price-to-earnings ratio of -40.03 and a beta of 1.04. The firm has a 50 day moving average price of $20.07 and a 200-day moving average price of $21.83. PROS Holdings, Inc. has a 12-month low of $14.81 and a 12-month high of $34.51.

PROS (NYSE:PRO - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The software maker reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.15). On average, sell-side analysts forecast 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.