Centiva Capital LP Has $697,000 Position in PROS Holdings, Inc. (NYSE:PRO)

Centiva Capital LP boosted its stake in shares of PROS Holdings, Inc. (NYSE:PRO) by 45.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,654 shares of the software maker’s stock after buying an additional 11,817 shares during the quarter. Centiva Capital LP’s holdings in PROS were worth $697,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in PROS during the 2nd quarter worth about $29,000. Quarry LP acquired a new position in PROS during the 2nd quarter worth about $38,000. Intech Investment Management LLC acquired a new position in shares of PROS in the 3rd quarter valued at about $204,000. Hennion & Walsh Asset Management Inc. lifted its stake in shares of PROS by 27.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 11,141 shares of the software maker’s stock valued at $206,000 after purchasing an additional 2,393 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of PROS in the 2nd quarter valued at about $210,000. 94.27% of the stock is owned by institutional investors and hedge funds.

PROS Price Performance

Shares of PROS stock opened at $24.84 on Friday. PROS Holdings, Inc. has a one year low of $16.64 and a one year high of $40.99. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of -40.06 and a beta of 1.21. The business has a 50-day simple moving average of $20.93 and a 200 day simple moving average of $22.69.

PROS (NYSE:PRO) last issued its quarterly earnings data on Tuesday, October 29th. The software maker reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. The company had revenue of $82.70 million for the quarter, compared to the consensus estimate of $82.32 million. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.17) earnings per share. On average, sell-side analysts expect that PROS Holdings, Inc. will post -0.29 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on PRO shares. StockNews.com raised PROS from a “hold” rating to a “buy” rating in a research note on Saturday, November 16th. Robert W. Baird boosted their price objective on PROS from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday. KeyCorp dropped their price objective on PROS from $36.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Needham & Company LLC dropped their price objective on PROS from $40.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Finally, Northland Securities reissued an “outperform” rating and issued a $38.00 price objective (down from $40.00) on shares of PROS in a research note on Wednesday, October 30th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, PROS presently has a consensus rating of “Buy” and a consensus price target of $31.88.

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.