Fox Run Management L.L.C. Has $691,000 Stock Position in PROS Holdings, Inc. (NYSE:PRO)

Fox Run Management L.L.C. lessened its stake in PROS Holdings, Inc. (NYSE:PRO) by 19.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,444 shares of the software maker’s stock after selling 7,701 shares during the quarter. Fox Run Management L.L.C. owned 0.07% of PROS worth $691,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in PRO. BNP Paribas Financial Markets lifted its position in PROS by 570.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 266,132 shares of the software maker’s stock valued at $4,929,000 after acquiring an additional 226,443 shares in the last quarter. Barclays PLC lifted its holdings in shares of PROS by 345.4% in the third quarter. Barclays PLC now owns 238,382 shares of the software maker’s stock valued at $4,415,000 after purchasing an additional 184,856 shares in the last quarter. Point72 Asset Management L.P. boosted its position in shares of PROS by 262.2% during the third quarter. Point72 Asset Management L.P. now owns 31,638 shares of the software maker’s stock worth $586,000 after buying an additional 22,903 shares during the period. Jacobs Levy Equity Management Inc. bought a new position in shares of PROS during the third quarter worth about $17,921,000. Finally, Rockefeller Capital Management L.P. raised its position in PROS by 2.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 1,727,026 shares of the software maker’s stock valued at $32,008,000 after buying an additional 39,846 shares during the last quarter. Institutional investors own 94.27% of the company’s stock.

PROS Stock Up 3.1 %

NYSE:PRO opened at $21.24 on Tuesday. PROS Holdings, Inc. has a 12-month low of $16.64 and a 12-month high of $38.71. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of -48.27 and a beta of 1.14. The stock’s 50 day moving average price is $23.91 and its two-hundred day moving average price is $21.98.

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

Insider Buying and Selling at PROS

In other news, CAO Scott William Cook sold 5,000 shares of the company’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 transaction, the chief accounting officer now owns 59,159 shares of the company’s stock, valued at approximately $1,765,304.56. This represents a 7.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.70% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on PRO shares. Stifel Nicolaus upped their price target on PROS from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. KeyCorp raised 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. Needham & Company LLC reissued a “buy” rating and set a $30.00 price target on shares of PROS in a research report on Friday, February 7th. Robert W. Baird raised their price objective on PROS from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Finally, Oppenheimer downgraded 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 issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average 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.