Significant Insider Sales in Shares of PROS Holdings (PRO)

Wednesday, February 14, 2018 10:15 PM ET

Significant Insider Sales in Shares of PROS Holdings (PRO)

There was a significant level of insider selling revealed today in filings with the SEC for PROS Holdings. Two insiders — Ronald F Woestemeyer, 10% Owner and Director, and Mariette M Woestemeyer, 10% Owner and Director — sold 500,000 shares in the company for approximately $15,500,000. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 250,000 shares per transaction.

The level of buy-sell trading at PROS Holdings is near the 64 member peer company average. The Enterprise Software peer group saw 143 buy/sell trades during this period for an average of 2.2 transactions per company. However, the number of shares per buy/sell trade transacted by PROS Holdings insiders is higher. Within the peer group there were 1,189,109 shares purchased and 8,206,965 shares sold with company insiders disposing of 49,076 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to compose and write this story.

Today’s Insider Activity
* Ronald F Woestemeyer, 10% Owner and Director, sold 250,000 shares
* Mariette M Woestemeyer, 10% Owner and Director, sold 250,000 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at info@uptickdata.com. Copyright 2018 UpTick Data Technologies. All rights reserved.

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