US Bancorp DE Has $406,000 Stake in PROS Holdings, Inc. (NYSE:PRO)

US Bancorp DE grew its position in PROS Holdings, Inc. (NYSE:PRO) by 11.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,500 shares of the software maker’s stock after buying an additional 1,841 shares during the quarter. US Bancorp DE’s holdings in PROS were worth $406,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Intech Investment Management LLC bought a new stake in shares of PROS during the 3rd quarter valued at approximately $204,000. Oppenheimer Asset Management Inc. boosted its stake in shares of PROS by 29.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 11,917 shares of the software maker’s stock valued at $221,000 after purchasing an additional 2,700 shares during the last quarter. Quadrature Capital Ltd lifted its position 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 valued at $233,000 after acquiring an additional 2,034 shares during the period. Paloma Partners Management Co acquired a new position in shares of PROS during the 3rd quarter valued at $252,000. Finally, Stephens Inc. AR lifted its position in shares of PROS by 14.1% during the 4th quarter. Stephens Inc. AR now owns 12,616 shares of the software maker’s stock valued at $277,000 after acquiring an additional 1,556 shares during the period. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at PROS

In related news, CAO Scott William Cook sold 5,000 shares of the stock in a transaction that occurred on Friday, February 7th. The shares were 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 of the company’s stock, valued at approximately $1,765,304.56. This represents a 7.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 3.70% of the company’s stock.

PROS Stock Down 0.2 %

NYSE:PRO opened at $21.17 on Thursday. PROS Holdings, Inc. has a twelve month low of $16.64 and a twelve month high of $38.71. The stock has a market cap of $1.01 billion, a P/E ratio of -48.11 and a beta of 1.14. The firm’s fifty day simple moving average is $24.08 and its 200 day simple moving average is $21.88.

PROS (NYSE:PRO) last announced its earnings results 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, analysts expect that PROS Holdings, Inc. will post -0.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on PRO shares. Robert W. Baird upped their price objective on shares of PROS from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. StockNews.com upgraded shares of PROS from a “hold” rating to a “buy” rating in a report on Saturday, November 16th. Stifel Nicolaus increased their target price on shares of PROS from $26.00 to $30.00 and gave the company a “buy” rating in a report on Friday, February 7th. Needham & Company LLC restated a “buy” rating and set a $30.00 price target on shares of PROS in a research report on Friday, February 7th. Finally, Oppenheimer lowered shares of PROS from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 16th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $32.00.

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.