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PROS Holdings (PRO) sees Significant Insider Selling

05/11/2021 18:36

10:20 PM EDT, 05/11/2021 (MT Newswires) -- A significant insider sale of the shares of PROS Holdings was revealed in a form 4 document filed with the SEC today, showing -- Stefan B Schulz, Officer -- sold 35,000 shares in the company having a market value of approximately $1,410,150. This is the first insider buy/sell trade in the past 90 days.

Relative to its peers over the last 90 days, insider buy/sell trading at PROS Holdings is lower than the 71-company peer group average. Enterprise Software peer group saw 140 buy/sell trades during this period for an average of 2.0 transactions per company. However, the number of shares per buy/sell trade for PROS Holdings is higher. Within the peer group there were 230,742 shares purchased and 1,890,579 shares sold with company insiders having sold 11,856 shares on average.

The data used in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.