Today, the EVP & CFO of PROS Holdings (PRO), Stefan Schulz, bought shares of PRO for $1.23M.
This recent transaction increases Stefan Schulz’s holding in the company by 14.3% to a total of $11.74 million. Following Stefan Schulz’s last PRO Buy transaction on March 25, 2019, the stock climbed by 9.2%.
See today’s analyst top recommended stocks >>
Based on PROS Holdings’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $56.13 million and GAAP net loss of $16.92 million. In comparison, last year the company earned revenue of $47.91 million and had a GAAP net loss of $18.86 million. Currently, PROS Holdings has an average volume of 146.5K.
One of the top 25 analysts, according to TipRanks.com, recently recommended Buy PRO with a $55 price target. Starting in April 2019, PRO received 5 Buy ratings in a row. Four different firms, including Craig-Hallum and J.P. Morgan, currently also have a Buy rating on the stock.
The insider sentiment on PROS Holdings has been positive according to 33 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Stefan Schulz’s trades have generated a 0.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
PROS Holdings, Inc. engages in the provision of cloud software services. Its solutions include selling, pricing, and revenue management. The firm also offers professional services to implement its software solutions. The company was founded by Mariette M. Woestemeyer and Ronald F. Woestemeyer in 1985 and is headquartered in Houston, TX.
