In a filing, Pros Holdings Inc revealed its President & CEO Reiner Andres acquired Company’s shares for reported $0.13 million on Sep 16 ’24. In the deal valued at $17.85 per share,7,500 shares were bought. As a result of this transaction, Reiner Andres now holds 1,015,752 shares worth roughly $21.93 million.
Then, Reiner Andres bought 7,500 shares, generating $129,000 in total proceeds. Upon buying the shares at $17.20, the President & CEO now owns 1,008,252 shares.
Before that, Jourdan Leland sold 2,162 shares. Pros Holdings Inc shares valued at $67,087 were divested by the Director at a price of $31.03 per share. As a result of the transaction, Jourdan Leland now holds 13,313 shares, worth roughly $0.29 million.
Craig Hallum upgraded its Pros Holdings Inc [PRO] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in early July from “a Buy” to “a Hold”. KeyBanc Capital Markets also remained covering PRO and has increased its forecast on January 12, 2024 with a “an Overweight” recommendation from previously “Sector weight” rating. Oppenheimer started covering the stock on April 20, 2023. It rated PRO as “an Outperform”.
Price Performance Review of PRO
On Monday, Pros Holdings Inc [NYSE:PRO] saw its stock fall -1.46% to $21.59. Over the last five days, the stock has lost -1.55%. Pros Holdings Inc shares have fallen nearly -1.68% since the year began. Nevertheless, the stocks have fallen -37.71% over the past one year. While a 52-week high of $38.71 was reached on 01/06/25, a 52-week low of $16.64 was recorded on 01/13/25. SMA at 50 days reached $22.81, while 200 days put it at $24.76.
Levels Of Support And Resistance For PRO Stock
The 24-hour chart illustrates a support level at 21.17, which if violated will result in even more drops to 20.74. On the upside, there is a resistance level at 21.85. A further resistance level may holdings at 22.10. The Relative Strength Index (RSI) on the 14-day chart is 41.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.18%. Stochastics %K at 27.01% indicates the stock is a holding.
How much short interest is there in Pros Holdings Inc?
A steep rise in short interest was recorded in Pros Holdings Inc stocks on 2024-12-31, growing by 0.1 million shares to a total of 3.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.18 million shares. There was a rise of 3.08%, which implies that there is a positive sentiment for the stock.
