Pros Holdings Inc’s recently made public that its EVP and CFO Schulz Stefan B unloaded Company’s shares for reported $0.22 million on Mar 04 ’24. In the deal valued at $35.92 per share,6,000 shares were sold. As a result of this transaction, Schulz Stefan B now holds 260,223 shares worth roughly $8.76 million.
Then, Reiner Andres sold 50,000 shares, generating $1,771,000 in total proceeds. Upon selling the shares at $35.42, the President & CEO now owns 983,692 shares.
Before that, Reiner Andres sold 50,000 shares. Pros Holdings Inc shares valued at $1,821,245 were divested by the President & CEO at a price of $36.42 per share. As a result of the transaction, Reiner Andres now holds 984,055 shares, worth roughly $33.13 million.
KeyBanc Capital Markets upgraded its Pros Holdings Inc [PRO] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid April with a ‘”an Outperform”‘ rating. Craig Hallum also remained covering PRO and has increased its forecast on May 04, 2022 with a “Buy” recommendation from previously “Hold” rating.
Price Performance Review of PRO
On Tuesday, Pros Holdings Inc [NYSE:PRO] saw its stock fall -0.85% to $33.67. Over the last five days, the stock has lost -12.11%. Pros Holdings Inc shares have fallen nearly -13.20% since the year began. Nevertheless, the stocks have risen 26.72% over the past one year. While a 52-week high of $40.99 was reached on 04/05/24, a 52-week low of $24.61 was recorded on 02/09/24. SMA at 50 days reached $35.71, while 200 days put it at $35.33. A total of 0.28 million shares were traded, compared to the trading of 0.33 million shares in the previous session.
Levels Of Support And Resistance For PRO Stock
The 24-hour chart illustrates a support level at 33.13, which if violated will result in even more drops to 32.58. On the upside, there is a resistance level at 34.24. A further resistance level may holdings at 34.80. The Relative Strength Index (RSI) on the 14-day chart is 37.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.64%. Stochastics %K at 13.39% indicates the stock is a buying.
