Acadian Asset Management LLC Has $5.94 Million Holdings in PROS Holdings, Inc. $PRO

Acadian Asset Management LLC raised its holdings in shares of PROS Holdings, Inc. (NYSE:PRO) by 36.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 312,513 shares of the software maker’s stock after buying an additional 83,274 shares during the quarter. Acadian Asset Management LLC owned about 0.65% of PROS worth $5,937,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of PRO. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of PROS during the fourth quarter worth approximately $30,000. Comerica Bank raised its stake in shares of PROS by 264.5% in the fourth quarter. Comerica Bank now owns 1,571 shares of the software maker’s stock valued at $34,000 after purchasing an additional 1,140 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of PROS by 2,716.9% in the first quarter. GAMMA Investing LLC now owns 2,169 shares of the software maker’s stock valued at $41,000 after purchasing an additional 2,092 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in shares of PROS in the fourth quarter valued at $130,000. Finally, CWM LLC raised its stake in shares of PROS by 153.6% in the first quarter. CWM LLC now owns 7,666 shares of the software maker’s stock valued at $146,000 after purchasing an additional 4,643 shares in the last quarter. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on PRO shares. Northland Securities set a $38.00 target price on PROS in a research note on Wednesday, May 28th. Robert W. Baird lowered PROS from an “outperform” rating to a “neutral” rating and cut their target price for the company from $27.00 to $18.00 in a research note on Monday, June 16th. Stifel Nicolaus cut their target price on PROS from $24.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, July 8th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of PROS in a research report on Thursday, June 12th. Finally, Wall Street Zen upgraded PROS from a “hold” rating to a “buy” rating in a research report on Sunday, July 13th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, PROS presently has an average rating of “Moderate Buy” and an average price target of $25.86.

PROS Stock Performance

Shares of PRO stock opened at $14.55 on Friday. The stock’s fifty day moving average is $15.36 and its 200-day moving average is $17.14. The stock has a market capitalization of $700.05 million, a PE ratio of -66.14 and a beta of 1.02. PROS Holdings, Inc. has a 52 week low of $13.61 and a 52 week high of $29.84.

PROS (NYSE:PRO) last announced its earnings results on Thursday, July 31st. The software maker reported $0.13 EPS for the quarter, topping the consensus estimate of $0.06 by $0.07. The business had revenue of $88.72 million for the quarter, compared to the consensus estimate of $87.70 million. PROS’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.07 EPS. PROS has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, analysts forecast that PROS Holdings, Inc. will post -0.2 earnings per share 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.