Balter Liquid Alternatives LLC lifted its position in PROS Holdings, Inc. (NYSE:PRO) by 29.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,120 shares of the software maker’s stock after purchasing an additional 2,995 shares during the period. Balter Liquid Alternatives LLC’s holdings in PROS were worth $486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Conestoga Capital Advisors LLC lifted its stake in shares of PROS by 6.5% in the 2nd quarter. Conestoga Capital Advisors LLC now owns 1,990,571 shares of the software maker’s stock valued at $72,795,000 after purchasing an additional 121,845 shares during the period. BlackRock Inc. raised its position in PROS by 0.4% during the first quarter. BlackRock Inc. now owns 1,720,433 shares of the software maker’s stock worth $56,792,000 after acquiring an additional 6,329 shares during the period. Stephens Investment Management Group LLC raised its position in PROS by 11.3% during the first quarter. Stephens Investment Management Group LLC now owns 930,706 shares of the software maker’s stock worth $30,723,000 after acquiring an additional 94,196 shares during the period. Rockefeller Capital Management L.P. acquired a new position in PROS during the first quarter worth $29,906,000. Finally, Whale Rock Capital Management LLC raised its position in PROS by 38.0% during the first quarter. Whale Rock Capital Management LLC now owns 839,796 shares of the software maker’s stock worth $27,722,000 after acquiring an additional 231,311 shares during the period.

A number of research firms have weighed in on PRO. Needham & Company LLC upped their price objective on shares of PROS to $46.00 and gave the stock a “strong-buy” rating in a research report on Friday, July 27th. KeyCorp restated a “buy” rating and set a $45.00 price objective on shares of PROS in a research report on Friday, July 27th. Northland Securities restated a “buy” rating and set a $45.00 price objective on shares of PROS in a research report on Friday, July 27th. JPMorgan Chase & Co. upped their price objective on shares of PROS from $38.00 to $45.00 and gave the stock an “overweight” rating in a research report on Friday, July 27th. Finally, ValuEngine upgraded shares of PROS from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. PROS currently has a consensus rating of “Buy” and an average target price of $38.38.

NYSE:PRO opened at $34.96 on Friday. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of -3.19. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of -22.85 and a beta of 1.23. PROS Holdings, Inc. has a fifty-two week low of $21.36 and a fifty-two week high of $41.10.

PROS (NYSE:PRO) last posted its quarterly earnings data on Thursday, July 26th. The software maker reported ($0.16) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.04. The company had revenue of $47.40 million for the quarter, compared to analyst estimates of $46.30 million. The business’s revenue was up 17.3% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.22) earnings per share. equities research analysts predict that PROS Holdings, Inc. will post -1.35 EPS for the current year.

In other news, CEO Andres Reiner sold 10,000 shares of the stock in a transaction dated Tuesday, June 12th. The shares were sold at an average price of $35.03, for a total value of $350,300.00. Following the completion of the sale, the chief executive officer now directly owns 475,399 shares in the company, valued at $16,653,226.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 30,000 shares of company stock valued at $1,109,400 over the last quarter. Company insiders own 15.40% of the company’s stock.

PROS Profile

PROS Holdings, Inc, a cloud software company, provides solutions for companies to price, configure, and sell their products and services to their customers. The company offers SellingPRO solutions, which include configuration, quoting, and e-commerce capabilities with data science; and PricingPRO solutions that deliver insight into pricing practices and provides pricing recommendations, as well as enhances control over pricing execution.

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Institutional Ownership by Quarter for PROS (NYSE:PRO)

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