Nordea Investment Management AB Makes New $676,000 Investment in PROS Holdings, Inc. $PRO

Nordea Investment Management AB purchased a new position in PROS Holdings, Inc. (NYSE:PRO) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 44,156 shares of the software maker’s stock, valued at approximately $676,000. Nordea Investment Management AB owned 0.09% of PROS as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in PROS by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 5,847,056 shares of the software maker’s stock worth $111,269,000 after buying an additional 176,926 shares during the period. Nuveen LLC acquired a new position in shares of PROS in the first quarter valued at $23,893,000. Tensile Capital Management LP raised its stake in shares of PROS by 0.7% in the first quarter. Tensile Capital Management LP now owns 1,012,362 shares of the software maker’s stock valued at $19,265,000 after purchasing an additional 6,749 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of PROS by 18.8% in the first quarter. Goldman Sachs Group Inc. now owns 750,616 shares of the software maker’s stock valued at $14,284,000 after purchasing an additional 118,882 shares in the last quarter. Finally, EVR Research LP raised its stake in shares of PROS by 939.7% in the first quarter. EVR Research LP now owns 727,822 shares of the software maker’s stock valued at $13,850,000 after purchasing an additional 657,822 shares in the last quarter. 94.27% of the stock is owned by institutional investors.

PROS Stock Performance

PROS stock opened at $23.06 on Friday. The firm has a market cap of $1.11 billion, a P/E ratio of -104.80 and a beta of 1.05. The business’s fifty day moving average is $18.98 and its two-hundred day moving average is $17.31. PROS Holdings, Inc. has a 52 week low of $13.61 and a 52 week high of $29.84.

PROS (NYSE:PRO) last posted its quarterly earnings data on Thursday, July 31st. The software maker reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. The business had revenue of $88.72 million during the quarter, compared to analyst estimates of $87.70 million. During the same period in the prior year, the firm posted $0.07 EPS. PROS’s revenue for the quarter was up 8.2% compared to the same quarter last year. PROS has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.150-0.17 EPS. On average, equities research analysts predict that PROS Holdings, Inc. will post -0.2 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Stifel Nicolaus cut their target price on PROS from $24.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, July 8th. Northland Capmk lowered PROS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 30th. Northland Securities set a $23.25 target price on PROS in a research note on Tuesday, September 30th. Wall Street Zen upgraded PROS from a “hold” rating to a “buy” rating in a research note on Sunday, July 13th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of PROS in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, PROS presently has a consensus rating of “Hold” and an average price target of $23.21.

About PROS

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.