It Seems PROS Holdings, Inc. (PRO) Will Go Up. Just Reaches 52-Week High

June 16, 2018 - By Vivian Currie

PROS Holdings, Inc. (NYSE:PRO) Logo

Investors sentiment decreased to 1.1 in 2018 Q1. Its down 0.27, from 1.37 in 2017Q4. It dropped, as 8 investors sold PROS Holdings, Inc. shares while 34 reduced holdings. 15 funds opened positions while 31 raised stakes. 31.16 million shares or 0.66% less from 31.37 million shares in 2017Q4 were reported.
Captrust Financial, a North Carolina-based fund reported 806 shares. Blackrock Incorporated reported 0% stake. Royal Bankshares Of Canada invested in 0% or 62,686 shares. Huntington Fincl Bank holds 2,658 shares. Ftb Advisors reported 413 shares stake. 24,660 were reported by Rhumbline Advisers. Brown Advisory owns 39,514 shares. 47,100 were reported by Swiss National Bank. United Kingdom-based Legal & General Grp Plc has invested 0% in PROS Holdings, Inc. (NYSE:PRO). Moreover, California State Teachers Retirement Sys has 0% invested in PROS Holdings, Inc. (NYSE:PRO) for 40,519 shares. Bnp Paribas Arbitrage Sa has 0% invested in PROS Holdings, Inc. (NYSE:PRO). Barclays Public Ltd Com owns 11,050 shares. State Of New Jersey Common Pension Fund D reported 0.01% of its portfolio in PROS Holdings, Inc. (NYSE:PRO). Schwab Charles Inv Inc accumulated 0% or 136,318 shares. Moreover, Raymond James & Assoc has 0% invested in PROS Holdings, Inc. (NYSE:PRO).

Since February 14, 2018, it had 0 insider purchases, and 4 insider sales for $1.96 million activity.

The stock of PROS Holdings, Inc. (NYSE:PRO) hit a new 52-week high and has $40.01 target or 7.00 % above today’s $37.39 share price. The 8 months bullish chart indicates low risk for the $1.22B company. The 1-year high was reported on Jun, 16 by Barchart.com. If the $40.01 price target is reached, the company will be worth $85.33 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.85% or $0.68 during the last trading session, reaching $37.39. About 163,677 shares traded. PROS Holdings, Inc. (NYSE:PRO) has risen 19.83% since June 16, 2017 and is uptrending. It has outperformed by 7.26% the S&P500.

Analysts await PROS Holdings, Inc. (NYSE:PRO) to report earnings on August, 2. They expect $-0.34 earnings per share, up 2.86 % or $0.01 from last year’s $-0.35 per share. After $-0.37 actual earnings per share reported by PROS Holdings, Inc. for the previous quarter, Wall Street now forecasts -8.11 % EPS growth.

PROS Holdings, Inc. (NYSE:PRO) Ratings Coverage

Among 5 analysts covering Pros Holdings (NYSE:PRO), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Pros Holdings had 6 analyst reports since February 2, 2018 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Tuesday, May 8 report. On Monday, May 21 the stock rating was upgraded by Northland Capital to “Outperform”. The firm earned “Buy” rating on Thursday, April 12 by KeyBanc Capital Markets.

More news for PROS Holdings, Inc. (NYSE:PRO) were recently published by: Streetinsider.com, which released: “Nomura/Instinet Starts PROS Holdings (PRO) at Buy” on June 14, 2018. Businesswire.com‘s article titled: “PROS Holdings, Inc. to Present at Stifel 2018 Cross Sector Insight Conference” and published on June 05, 2018 is yet another important article.

PROS Holdings, Inc. provides revenue and profit realization software solutions worldwide. The company has market cap of $1.22 billion. The Company’s solutions allow clients to experience revenue growth, sustained profitability, and modernized business processes across a range of industries, including manufacturing, distribution, services, and travel. It currently has negative earnings. The firm offers SellingPRO solutions, which include configuration, quoting, and eCommerce capabilities with data science; and PricingPRO solutions that provides pricing recommendations services, as well as controls pricing execution.

PROS Holdings, Inc. (NYSE:PRO) Institutional Positions Chart

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