Voya Investment Management LLC cut its holdings in PROS Holdings, Inc. (NYSE:PRO – Free Report) by 8.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,817 shares of the software maker’s stock after selling 1,152 shares during the period. Voya Investment Management LLC’s holdings in PROS were worth $244,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Acadian Asset Management LLC boosted its holdings in PROS by 36.3% in the 1st quarter. Acadian Asset Management LLC now owns 312,513 shares of the software maker’s stock worth $5,937,000 after buying an additional 83,274 shares during the period. GAMMA Investing LLC boosted its holdings in 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 buying an additional 2,092 shares during the period. Mackenzie Financial Corp bought a new position in PROS in the 1st quarter valued at $594,000. Teacher Retirement System of Texas purchased a new position in shares of PROS during the 1st quarter valued at $419,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of PROS by 14.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 114,987 shares of the software maker’s stock valued at $2,525,000 after purchasing an additional 14,216 shares in the last quarter. 94.27% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on PRO shares. Robert W. Baird lowered shares of PROS from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $27.00 to $18.00 in a research report on Monday, June 16th. Baird R W lowered shares of PROS from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 16th. Needham & Company LLC lowered shares of PROS from a “buy” rating to a “hold” rating and set a $25.00 price target for the company. in a research report on Tuesday, September 23rd. Stifel Nicolaus reduced their price target on shares of PROS from $24.00 to $20.00 and set a “buy” rating for the company in a research report on Tuesday, July 8th. Finally, KeyCorp lowered shares of PROS from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, September 23rd. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, PROS presently has an average rating of “Hold” and an average target price of $25.86.
PROS Stock Performance
NYSE PRO opened at $22.94 on Tuesday. PROS Holdings, Inc. has a 52-week low of $13.61 and a 52-week high of $29.84. The company has a market capitalization of $1.10 billion, a P/E ratio of -104.25 and a beta of 1.02. The company has a fifty day moving average of $16.21 and a 200-day moving average of $16.86.
PROS (NYSE:PRO – Get Free Report) last issued its earnings results on Thursday, July 31st. The software maker reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. The business had revenue of $88.72 million during the quarter, compared to analysts’ expectations of $87.70 million. PROS’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter 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. As a group, analysts forecast that PROS Holdings, Inc. will post -0.2 EPS for the current fiscal year.
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.
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