Lindenwold Advisors INC Purchases Shares of 5,573 PROS Holdings, Inc. (NYSE:PRO)

Lindenwold Advisors INC purchased a new stake in shares of PROS Holdings, Inc. (NYSE:PRO) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 5,573 shares of the software maker’s stock, valued at approximately $216,000.

Other hedge funds have also added to or reduced their stakes in the company. Comerica Bank acquired a new position in PROS during the 3rd quarter valued at about $8,123,000. Charles Schwab Investment Management Inc. boosted its stake in PROS by 4.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 332,166 shares of the software maker’s stock valued at $11,500,000 after purchasing an additional 15,101 shares during the last quarter. Jump Financial LLC acquired a new position in PROS during the 3rd quarter valued at about $1,367,000. Invesco Ltd. lifted its position in shares of PROS by 549.7% during the 3rd quarter. Invesco Ltd. now owns 217,483 shares of the software maker’s stock worth $7,529,000 after buying an additional 184,007 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of PROS by 3.8% during the 3rd quarter. Vanguard Group Inc. now owns 4,810,501 shares of the software maker’s stock worth $166,540,000 after buying an additional 174,661 shares in the last quarter. Institutional investors and hedge funds own 94.27% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reissued a “buy” rating and set a $40.00 target price on shares of PROS in a research report on Thursday.

Insider Buying and Selling

In other PROS news, CFO Stefan B. Schulz sold 6,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $35.92, for a total transaction of $215,520.00. Following the sale, the chief financial officer now owns 260,223 shares of the company’s stock, valued at approximately $9,347,210.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other PROS news, CFO Stefan B. Schulz sold 6,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $35.92, for a total transaction of $215,520.00. Following the sale, the chief financial officer now owns 260,223 shares of the company’s stock, valued at approximately $9,347,210.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Leland Jourdan sold 2,162 shares of the business’s stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $31.03, for a total transaction of $67,086.86. Following the sale, the director now directly owns 13,313 shares in the company, valued at approximately $413,102.39. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,162 shares of company stock valued at $468,787. 3.70% of the stock is owned by company insiders.

PROS Trading Up 1.3 %

Shares of NYSE:PRO traded up $0.40 during mid-day trading on Friday, reaching $31.46. The company had a trading volume of 287,888 shares, compared to its average volume of 301,094. The company’s 50-day moving average price is $34.35 and its 200-day moving average price is $35.58. PROS Holdings, Inc. has a one year low of $27.32 and a one year high of $40.99.

PROS (NYSE:PRO) last posted its quarterly earnings results on Tuesday, May 7th. The software maker reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. The company had revenue of $80.69 million during the quarter, compared to the consensus estimate of $79.84 million. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.28) EPS. Sell-side analysts expect that PROS Holdings, Inc. will post -0.5 earnings per share for the current year.

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.