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 $24.41 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 $0.32 million.
Oppenheimer downgraded its Pros Holdings Inc [PRO] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. Craig Hallum also remained covering PRO and has decreased its forecast on July 09, 2024 with a “Hold” recommendation from previously “Buy” rating. KeyBanc Capital Markets revised its rating on January 12, 2024. It rated PRO as “an Overweight” which previously was an “a Sector weight”.
Price Performance Review of PRO
On Monday, Pros Holdings Inc [NYSE:PRO] saw its stock jump 1.74% to $24.03. Over the last five days, the stock has lost -0.83%. Pros Holdings Inc shares have risen nearly 9.43% since the year began. Nevertheless, the stocks have fallen -30.19% over the past one year. While a 52-week high of $38.71 was reached on 01/28/25, a 52-week low of $16.64 was recorded on 01/13/25. SMA at 50 days reached $23.20, while 200 days put it at $23.87.
Levels Of Support And Resistance For PRO Stock
The 24-hour chart illustrates a support level at 23.19, which if violated will result in even more drops to 22.36. On the upside, there is a resistance level at 24.55. A further resistance level may holdings at 25.08. The Relative Strength Index (RSI) on the 14-day chart is 57.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.52%. Stochastics %K at 64.39% 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 2025-01-15, dropping by -0.22 million shares to a total of 2.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.19 million shares. There was a decline of -7.29%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 20, 2023 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $37 price target.
