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 $8.58 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 $32.44 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 jump 0.18% to $32.97. Over the last five days, the stock has gained 0.67%. Pros Holdings Inc shares have fallen nearly -15.00% since the year began. Nevertheless, the stocks have risen 21.30% 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 05/07/24. SMA at 50 days reached $35.12, while 200 days put it at $35.42. A total of 0.53 million shares were traded, compared to the trading of 0.36 million shares in the previous session.
Levels Of Support And Resistance For PRO Stock
The 24-hour chart illustrates a support level at 32.54, which if violated will result in even more drops to 32.10. On the upside, there is a resistance level at 33.21. A further resistance level may holdings at 33.44. The Relative Strength Index (RSI) on the 14-day chart is 40.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.42%. Stochastics %K at 20.43% indicates the stock is a holding.
