Swiss National Bank Has $1.73 Million Holdings in PROS Holdings, Inc. (NYSE:PRO)

Swiss National Bank raised its position in shares of PROS Holdings, Inc. (NYSE:PRO) by 1.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,900 shares of the software maker’s stock after buying an additional 1,300 shares during the period. Swiss National Bank owned about 0.17% of PROS worth $1,733,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of PRO. Intech Investment Management LLC acquired a new stake in PROS during the 3rd quarter valued at $204,000. Quadrature Capital Ltd increased its stake in shares of PROS by 19.3% in the third quarter. Quadrature Capital Ltd now owns 12,589 shares of the software maker’s stock valued at $233,000 after buying an additional 2,034 shares in the last quarter. Paloma Partners Management Co bought a new position in shares of PROS in the third quarter valued at about $252,000. Aigen Investment Management LP bought a new position in shares of PROS in the fourth quarter valued at about $252,000. Finally, Stephens Inc. AR lifted its position in PROS by 14.1% during the 4th quarter. Stephens Inc. AR now owns 12,616 shares of the software maker’s stock worth $277,000 after buying an additional 1,556 shares in the last quarter. Institutional investors own 94.27% of the company’s stock.

PROS Trading Down 4.0 %

PROS stock opened at $19.88 on Friday. The firm has a market capitalization of $945.46 million, a P/E ratio of -45.17 and a beta of 1.14. The business has a 50-day moving average of $23.80 and a 200-day moving average of $22.01. PROS Holdings, Inc. has a 1 year low of $16.64 and a 1 year high of $38.71.

PROS (NYSE:PRO) last issued its quarterly earnings data on Thursday, February 6th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.15). Research analysts anticipate that PROS Holdings, Inc. will post -0.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

PRO has been the topic of a number of research reports. Stifel Nicolaus upped their target price on shares of PROS from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Needham & Company LLC reiterated a “buy” rating and issued a $30.00 price objective on shares of PROS in a research report on Friday, February 7th. Oppenheimer downgraded PROS from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 16th. Robert W. Baird raised their price target on PROS from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Finally, KeyCorp boosted their price objective on PROS from $28.00 to $31.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $32.00.

Insider Buying and Selling

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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.70% of the stock is currently owned by company 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.