Nordea Investment Management AB Takes $676,000 Position in PROS Holdings, Inc. $PRO

Nordea Investment Management AB acquired a new stake in PROS Holdings, Inc. (NYSE:PRO) in the second quarter, HoldingsChannel.com reports. The fund acquired 44,156 shares of the software maker’s stock, valued at approximately $676,000.

A number of other hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC lifted its position in shares of PROS by 2,716.9% in 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 last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in PROS by 26.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,789 shares of the software maker’s stock worth $243,000 after purchasing an additional 2,701 shares during the last quarter. KLP Kapitalforvaltning AS lifted its holdings in PROS by 39.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 9,900 shares of the software maker’s stock worth $155,000 after purchasing an additional 2,800 shares during the last quarter. Rhumbline Advisers lifted its holdings in PROS by 5.5% during the 1st quarter. Rhumbline Advisers now owns 67,009 shares of the software maker’s stock worth $1,275,000 after purchasing an additional 3,472 shares during the last quarter. Finally, CWM LLC raised its holdings in PROS by 153.6% in the 1st 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 in the last quarter. 94.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PRO has been the subject of several analyst reports. Northland Securities set a $23.25 price objective on PROS in a report on Tuesday, September 30th. Weiss Ratings restated a “sell (e+)” rating on shares of PROS in a research report on Wednesday, October 8th. Needham & Company LLC lowered PROS from a “buy” rating to a “hold” rating and set a $25.00 price target on the stock. in a research report on Tuesday, September 23rd. KeyCorp lowered PROS from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, September 23rd. Finally, Northland Capmk lowered PROS from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 30th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $23.21.

PROS Stock Performance

PRO stock opened at $23.06 on Friday. The stock’s 50 day simple moving average is $18.98 and its 200 day simple moving average is $17.31. The company has a market cap of $1.11 billion, a P/E ratio of -104.80 and a beta of 1.05. PROS Holdings, Inc. has a fifty-two week low of $13.61 and a fifty-two week high of $29.84.

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

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.