We Are One Seven LLC Cuts Position in PROS Holdings, Inc. (NYSE:PRO)

We Are One Seven LLC decreased its holdings in PROS Holdings, Inc. (NYSE:PRO) by 17.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,458 shares of the software maker’s stock after selling 1,338 shares during the quarter. We Are One Seven LLC’s holdings in PROS were worth $408,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in PRO. Icon Wealth Partners LLC purchased a new position in PROS in the first quarter worth $57,000. Great West Life Assurance Co. Can raised its position in PROS by 102.7% in the fourth quarter. Great West Life Assurance Co. Can now owns 4,256 shares of the software maker’s stock worth $129,000 after acquiring an additional 2,156 shares in the last quarter. AlphaOne Investment Services LLC purchased a new position in PROS in the first quarter worth $169,000. Legal & General Group Plc raised its position in PROS by 15.3% in the fourth quarter. Legal & General Group Plc now owns 5,653 shares of the software maker’s stock worth $177,000 after acquiring an additional 752 shares in the last quarter. Finally, Allred Capital Management LLC purchased a new position in PROS in the first quarter worth $234,000.

Shares of PRO stock traded down $0.05 during mid-day trading on Wednesday, reaching $72.84. The stock had a trading volume of 5,257 shares, compared to its average volume of 343,570. PROS Holdings, Inc. has a 12-month low of $28.18 and a 12-month high of $74.73. The firm has a market capitalization of $2.96 billion, a P/E ratio of -66.95 and a beta of 1.13. The firm’s 50-day moving average is $65.76. The company has a debt-to-equity ratio of 2.28, a quick ratio of 2.21 and a current ratio of 2.21.

PROS (NYSE:PRO) last announced its quarterly earnings results on Thursday, July 25th. The software maker reported ($0.22) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.01. PROS had a negative return on equity of 57.99% and a negative net margin of 28.41%. The business had revenue of $63.88 million during the quarter, compared to analysts’ expectations of $61.41 million. During the same quarter last year, the business posted ($0.16) earnings per share. The business’s revenue for the quarter was up 34.8% on a year-over-year basis. On average, equities analysts forecast that PROS Holdings, Inc. will post -0.88 EPS for the current fiscal year.

PRO has been the subject of a number of research analyst reports. Nomura set a $29.00 price target on Fifth Third Bancorp and gave the company a “hold” rating in a research report on Friday, July 26th. KeyCorp raised their price target on Tempur Sealy International from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. JMP Securities dropped their price target on Nevro from $80.00 to $70.00 and set a “market outperform” rating for the company in a research report on Friday, May 10th. DA Davidson cut Avon Products from a “buy” rating to a “neutral” rating and dropped their price target for the company from $4.75 to $3.60 in a research report on Thursday, May 23rd. Finally, Zacks Investment Research cut Eisai from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 24th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $70.18.

PROS Profile

PROS Holdings, Inc offers artificial intelligence (AI) solutions that power commerce in the digital economy worldwide. The company's solutions enable buying experiences for business-to-business (B2B) and business-to-consumer companies. It delivers its cloud-based solutions through the Internet as a Service on a subscription basis.

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Institutional Ownership by Quarter for PROS (NYSE:PRO)

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