Susquehanna Fundamental Investments LLC Invests $1.82 Million in PROS Holdings, Inc. (NYSE:PRO)

Susquehanna Fundamental Investments LLC acquired a new position in shares of PROS Holdings, Inc. (NYSE:PRO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 82,772 shares of the software maker’s stock, valued at approximately $1,818,000. Susquehanna Fundamental Investments LLC owned 0.17% of PROS at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quadrant Capital Group LLC lifted its stake in shares of PROS by 153.3% during the fourth quarter. Quadrant Capital Group LLC now owns 1,530 shares of the software maker’s stock worth $34,000 after buying an additional 926 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in shares of PROS during the fourth quarter worth $156,000. State of Tennessee Department of Treasury acquired a new stake in shares of PROS during the fourth quarter worth $164,000. Natixis Advisors LLC acquired a new position in PROS during the fourth quarter valued at $237,000. Finally, Aigen Investment Management LP acquired a new position in PROS during the fourth quarter valued at $252,000. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CAO Scott William Cook sold 5,000 shares of PROS stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $29.84, for a total transaction of $149,200.00. Following the transaction, the chief accounting officer now owns 59,159 shares in the company, valued at approximately $1,765,304.56. This trade represents a 7.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 4.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on PRO shares. 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 report on Friday, February 7th. Robert W. Baird decreased their target price on shares of PROS from $30.00 to $27.00 and set an “outperform” rating for the company in a research report on Tuesday, April 8th. Stifel Nicolaus boosted their target price on shares of PROS from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Oppenheimer downgraded shares of PROS from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 16th. Finally, StockNews.com upgraded shares of PROS from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. One analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $31.63.

PROS Trading Down 4.1 %

Shares of PRO stock opened at $17.03 on Thursday. The company has a market capitalization of $813.98 million, a P/E ratio of -38.70 and a beta of 1.04. The business’s 50 day moving average is $19.55 and its two-hundred day moving average is $21.76. PROS Holdings, Inc. has a 12-month low of $14.81 and a 12-month high of $34.43.

PROS (NYSE:PRO) last released its earnings results on Thursday, February 6th. The software maker reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.15). On average, research analysts predict that PROS Holdings, Inc. will post -0.2 earnings per share for the current fiscal year.

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.