PROS (NYSE:PRO) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

PROS Holdings, Inc. (NYSE:PRO) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $17.02 and traded as high as $22.98. PROS shares last traded at $22.97, with a volume of 1,550,463 shares traded.

Analyst Upgrades and Downgrades

PRO has been the topic of a number of research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of PROS in a report on Wednesday. KeyCorp lowered shares of PROS from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, September 23rd. Northland Securities set a $23.25 price objective on shares of PROS in a research note on Tuesday, September 30th. Needham & Company LLC lowered shares of PROS from a “buy” rating to a “hold” rating and set a $25.00 price objective on the stock. in a research note on Tuesday, September 23rd. Finally, Robert W. Baird lowered shares of PROS from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $27.00 to $18.00 in a research note on Monday, June 16th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $23.75.

PROS Trading Up 0.1%

The stock’s 50-day moving average is $17.16 and its 200-day moving average is $17.02. The company has a market cap of $1.10 billion, a price-to-earnings ratio of -104.41 and a beta of 1.05.

PROS (NYSE:PRO) last released its quarterly earnings data on Thursday, July 31st. The software maker reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.07. The business had revenue of $88.72 million for the quarter, compared to analyst estimates of $87.70 million. During the same quarter in the previous year, the company posted $0.07 EPS. The business’s quarterly revenue was up 8.2% on a year-over-year basis. PROS has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, analysts predict that PROS Holdings, Inc. will post -0.2 EPS for the current year.

Institutional Trading of PROS

Institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC grew its position in PROS by 2,716.9% during the first quarter. GAMMA Investing LLC now owns 2,169 shares of the software maker’s stock valued at $41,000 after buying an additional 2,092 shares during the period. FNY Investment Advisers LLC bought a new position in shares of PROS in the second quarter valued at approximately $70,000. Tower Research Capital LLC TRC boosted its position in shares of PROS by 319.3% in the second quarter. Tower Research Capital LLC TRC now owns 6,851 shares of the software maker’s stock valued at $107,000 after acquiring an additional 5,217 shares during the period. CWM LLC boosted its position in shares of PROS by 153.6% in the first quarter. CWM LLC now owns 7,666 shares of the software maker’s stock valued at $146,000 after acquiring an additional 4,643 shares during the period. Finally, KLP Kapitalforvaltning AS raised its stake in PROS by 39.4% in the second quarter. KLP Kapitalforvaltning AS now owns 9,900 shares of the software maker’s stock valued at $155,000 after purchasing an additional 2,800 shares in the last quarter. Hedge funds and other institutional investors own 94.27% of the company’s stock.

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.