Natixis Advisors LLC Buys New Position in PROS Holdings, Inc. (NYSE:PRO)

Natixis Advisors LLC purchased a new position in PROS Holdings, Inc. (NYSE:PRO) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 10,808 shares of the software maker’s stock, valued at approximately $237,000.

Other large investors also recently made changes to their positions in the company. Intech Investment Management LLC bought a new stake in PROS during the third quarter worth approximately $204,000. Quadrature Capital Ltd boosted its stake in shares of PROS by 19.3% during the 3rd quarter. Quadrature Capital Ltd now owns 12,589 shares of the software maker’s stock worth $233,000 after acquiring an additional 2,034 shares in the last quarter. Paloma Partners Management Co acquired a new position in shares of PROS in the 3rd quarter worth $252,000. Aigen Investment Management LP acquired a new stake in shares of PROS during the fourth quarter worth $252,000. Finally, Stephens Inc. AR lifted its holdings in shares of PROS by 14.1% during the fourth quarter. Stephens Inc. AR now owns 12,616 shares of the software maker’s stock valued at $277,000 after purchasing an additional 1,556 shares during the last quarter. Institutional investors own 94.27% of the company’s stock.

PROS Price Performance

Shares of NYSE PRO opened at $19.88 on Friday. PROS Holdings, Inc. has a one year low of $16.64 and a one year high of $38.71. The business’s 50-day moving average price is $23.80 and its two-hundred day moving average price is $22.01. The company has a market capitalization of $945.46 million, a P/E ratio of -45.17 and a beta of 1.14.

PROS (NYSE:PRO) last released 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, equities analysts anticipate that PROS Holdings, Inc. will post -0.2 EPS for the current year.

Insider Activity

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 value of $149,200.00. Following the completion of the sale, the chief accounting officer now directly owns 59,159 shares in the company, valued at approximately $1,765,304.56. The trade was a 7.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.70% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Oppenheimer lowered shares of PROS from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 16th. Robert W. Baird raised their price objective on shares of PROS from $28.00 to $30.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. KeyCorp boosted their target price on shares of PROS from $28.00 to $31.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Needham & Company LLC reaffirmed a “buy” rating and issued a $30.00 target price on shares of PROS in a research report on Friday, February 7th. Finally, Stifel Nicolaus upped their price target on PROS from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, February 7th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, PROS has a consensus rating of “Moderate Buy” and a consensus price target of $32.00.

About PROS

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.