Stephens Inc. AR Buys 1,556 Shares of PROS Holdings, Inc. (NYSE:PRO)

Stephens Inc. AR increased its stake in shares of PROS Holdings, Inc. (NYSE:PRO) by 14.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,616 shares of the software maker’s stock after acquiring an additional 1,556 shares during the quarter. Stephens Inc. AR’s holdings in PROS were worth $277,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Creative Planning purchased a new stake in PROS in the 3rd quarter worth $249,000. Hennion & Walsh Asset Management Inc. lifted its position in shares of PROS by 27.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 11,141 shares of the software maker’s stock worth $206,000 after buying an additional 2,393 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in PROS by 218.6% during the third quarter. Assenagon Asset Management S.A. now owns 418,023 shares of the software maker’s stock valued at $7,742,000 after buying an additional 286,825 shares during the last quarter. US Bancorp DE grew its holdings in PROS by 136.9% during the 3rd quarter. US Bancorp DE now owns 16,659 shares of the software maker’s stock valued at $309,000 after buying an additional 9,627 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. increased its stake in PROS by 29.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 11,917 shares of the software maker’s stock worth $221,000 after acquiring an additional 2,700 shares during the last quarter. 94.27% of the stock is owned by hedge funds and other institutional investors.

PROS Trading Down 1.0 %

PRO stock opened at $26.99 on Monday. The stock has a market cap of $1.28 billion, a PE ratio of -61.35 and a beta of 1.22. PROS Holdings, Inc. has a 12 month low of $16.64 and a 12 month high of $38.71. The company has a 50-day moving average price of $23.60 and a 200 day moving average price of $21.30.

PROS (NYSE:PRO) last announced its earnings results on Thursday, February 6th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.15). Sell-side analysts forecast that PROS Holdings, Inc. will post -0.17 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on PRO shares. Oppenheimer downgraded PROS from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 16th. StockNews.com raised shares of PROS from a “hold” rating to a “buy” rating in a research note on Saturday, November 16th. Craig Hallum raised shares of PROS from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Wednesday, October 30th. KeyCorp boosted their target price on shares of PROS from $28.00 to $31.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Finally, Stifel Nicolaus increased their price target on shares of PROS from $26.00 to $30.00 and gave the company a “buy” rating in a report on Friday, February 7th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $32.00.

Insider Buying and Selling at PROS

In related news, CAO Scott William Cook sold 5,000 shares of PROS stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $29.84, for a total transaction of $149,200.00. Following the completion of the sale, the chief accounting officer now owns 59,159 shares in the company, valued at $1,765,304.56. This trade represents a 7.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.70% of the stock is currently owned by corporate insiders.

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.