As Pros Holdings INC (PRO) Shares Rose, Holder Sagard Capital Partners Management Corp Cut Its Position

August 9, 2018 - By Victoria Pittman

PROS Holdings, Inc. (NYSE:PRO) LogoInvestors sentiment decreased to 1.1 in 2018 Q1. Its down 0.27, from 1.37 in 2017Q4. It turned negative, as 8 investors sold PRO 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. Barclays Public Limited Company holds 11,050 shares or 0% of its portfolio. Raymond James Associate reported 0% of its portfolio in PROS Holdings, Inc. (NYSE:PRO). Envestnet Asset Management, Illinois-based fund reported 31,340 shares. 174,910 are held by Bank & Trust Of America De. State Street Corporation has 0% invested in PROS Holdings, Inc. (NYSE:PRO) for 536,853 shares. Ftb accumulated 0% or 413 shares. Brown Advisory Inc accumulated 39,514 shares. Great West Life Assurance Co Can, Manitoba – Canada-based fund reported 2,100 shares. Kennedy Mngmt invested in 459,755 shares or 0.3% of the stock. Kornitzer Capital Mngmt Inc Ks reported 0.09% of its portfolio in PROS Holdings, Inc. (NYSE:PRO). Aqr Cap Limited Liability holds 0% or 10,314 shares. Whetstone Capital Advisors Limited Liability Corp has invested 9.76% of its portfolio in PROS Holdings, Inc. (NYSE:PRO). Waddell And Reed Fin holds 0.04% of its portfolio in PROS Holdings, Inc. (NYSE:PRO) for 483,350 shares. Swiss State Bank owns 47,100 shares or 0% of their US portfolio. Next Century Growth Investors Ltd Liability Co stated it has 125,733 shares.

Since February 14, 2018, it had 0 buys, and 5 sales for $2.35 million activity.

Sagard Capital Partners Management Corp decreased its stake in Pros Holdings Inc (PRO) by 66.72% based on its latest 2018Q1 regulatory filing with the SEC. Sagard Capital Partners Management Corp sold 715,950 shares as the company’s stock rose 12.46% while stock markets declined. The hedge fund held 357,143 shares of the technology company at the end of 2018Q1, valued at $11.79 million, down from 1.07M at the end of the previous reported quarter. Sagard Capital Partners Management Corp who had been investing in Pros Holdings Inc for a number of months, seems to be less bullish one the $1.29 billion market cap company. The stock increased 1.60% or $0.62 during the last trading session, reaching $39.41. About 106,657 shares traded. PROS Holdings, Inc. (NYSE:PRO) has risen 19.83% since August 9, 2017 and is uptrending. It has outperformed by 7.26% the S&P500.

Analysts await PROS Holdings, Inc. (NYSE:PRO) to report earnings on October, 25. They expect $-0.34 EPS, down 3.03 % or $0.01 from last year’s $-0.33 per share. After $-0.34 actual EPS reported by PROS Holdings, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

More news for PROS Holdings, Inc. (NYSE:PRO) were recently published by: Seekingalpha.com, which released: “PROS Holdings’ (PRO) CEO Andres Reiner on Q2 2018 Results – Earnings Call Transcript” on July 27, 2018. Nasdaq.com‘s article titled: “Detailed Research: Economic Perspectives on Allete, Sterling Construction, Illumina, PROS, Altra Industrial Motion …” and published on August 06, 2018 is yet another important article.

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

Among 5 analysts covering PROS Holdings (NYSE:PRO), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. PROS Holdings has $45 highest and $3800 lowest target. $41.25’s average target is 4.67% above currents $39.41 stock price. PROS Holdings had 6 analyst reports since April 12, 2018 according to SRatingsIntel. As per Monday, May 21, the company rating was upgraded by Northland Capital. KeyBanc Capital Markets maintained the stock with “Buy” rating in Thursday, April 12 report. As per Friday, July 27, the company rating was maintained by JP Morgan. The stock of PROS Holdings, Inc. (NYSE:PRO) has “Overweight” rating given on Tuesday, May 8 by KeyBanc Capital Markets.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.