Invesco Ltd. Increases Holdings in PROS Holdings, Inc. $PRO

Invesco Ltd. raised its stake in shares of PROS Holdings, Inc. (NYSE:PRO) by 15.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 36,192 shares of the software maker’s stock after buying an additional 4,721 shares during the period. Invesco Ltd. owned about 0.08% of PROS worth $689,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in PRO. Comerica Bank increased its stake in shares of PROS by 264.5% in the 4th quarter. Comerica Bank now owns 1,571 shares of the software maker’s stock worth $34,000 after purchasing an additional 1,140 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of PROS in the 4th quarter worth $30,000. Ancora Advisors LLC purchased a new stake in shares of PROS in the 4th quarter worth $33,000. GAMMA Investing LLC increased its stake in shares of PROS by 2,716.9% in the 1st quarter. GAMMA Investing LLC now owns 2,169 shares of the software maker’s stock worth $41,000 after purchasing an additional 2,092 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of PROS by 26.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,789 shares of the software maker’s stock worth $243,000 after purchasing an additional 2,701 shares in the last quarter. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

PROS Trading Down 1.1%

PRO opened at $15.10 on Friday. The firm has a market cap of $726.36 million, a P/E ratio of -68.63 and a beta of 1.02. PROS Holdings, Inc. has a 12 month low of $13.61 and a 12 month high of $29.84. The stock has a 50-day moving average of $15.45 and a 200 day moving average of $17.63.

PROS (NYSE:PRO) last announced its quarterly earnings data on Thursday, July 31st. The software maker reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.07. The firm had revenue of $88.72 million during the quarter, compared to the consensus estimate of $87.70 million. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.07 EPS. 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 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PRO. Needham & Company LLC restated a “buy” rating and issued a $25.00 price objective on shares of PROS in a research note on Thursday, June 12th. Stifel Nicolaus cut their price target on PROS from $24.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, July 8th. Northland Securities set a $38.00 price target on PROS in a research note on Wednesday, May 28th. Baird R W lowered PROS from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 16th. Finally, Robert W. Baird lowered PROS from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $27.00 to $18.00 in a research note on Monday, June 16th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, PROS has an average rating of “Moderate Buy” and an average target price of $25.86.

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.