SEC Form SC 13G/A filed by PROS Holdings Inc. (Amendment)

2/14/24 11:46:01 AM ET

EDP Services

Technology

Get the next $PRO alert in real time by email

SC 13G/A 1 PRO-13G-2023.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G (Amendment No. 2)* Under the Securities Exchange Act of 1934 PROS Holdings, Inc. ----------------------------------------------------------------------------- (Name of Issuer) Common stock $0.001 par value per share ----------------------------------------------------------------------------- (Title of Class of Securities) 74346Y103 ----------------------------------------------------------------------------- (CUSIP Number) December 31, 2023 ----------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [_] Rule 13d-1(c) [_] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ============================================================================= ----------------------------------------------------------------------------- CUSIP NO. 74346Y103 13G ----------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). RGM Capital, LLC 06-16885711 ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS): (a) [_] (b) [_] ----------------------------------------------------------------------------- (3) SEC USE ONLY ----------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ----------------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY OWNED _____________________________ BY EACH REPORTING PERSON WITH: (6) SHARED VOTING POWER 2,782,097 _____________________________ (7) SOLE DISPOSITIVE POWER 0 _____________________________ (8) SHARED DISPOSITIVE POWER 2,782,097 ______________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,782,097 ------------------------------------------------------------------------------ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.06 % ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA ============================================================================= ----------------------------------------------------------------------------- CUSIP NO. 74346Y103 13G ----------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Robert G. Moses ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] ----------------------------------------------------------------------------- (3) SEC USE ONLY ----------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States ----------------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY OWNED _____________________________ BY EACH REPORTING PERSON WITH: (6) SHARED VOTING POWER 2,782,097 _____________________________ (7) SOLE DISPOSITIVE POWER 0 _____________________________ (8) SHARED DISPOSITIVE POWER 2,782,097 ______________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,782,097 ------------------------------------------------------------------------------ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.06 % ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC ============================================================================= ----------------------------------------------------------------------------- CUSIP NO. 74346Y103 13G ----------------------------------------------------------------------------- Item 1. (a) Name of Issuer PROS Holdings, Inc. (b) Address of Issuer's Principal Executive Offices. 3200 Kirby Drive, Suite 600, Houston, TX 77098 Item 2. (a) Name of Person Filing. Robert G. Moses RGM Capital, LLC (b) Address of Principal Business Office, or if None, Residence. 9010 Strada Stell Court, Suite 105, Naples, FL 34109 (c) Citizenship. United States (d) Title of Class of Securities. Common stock $0.001 par value per share (e) CUSIP Number. 74346Y103 Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13-d-2(b) or (c),check whether the person filing is a: (a) [_] Broker or dealer registered under section 15 of the Act. (b) [_] Bank as defined in section 3(a)(6) of the Act. (c) [_] Insurance Company as defined in section 3(a)(19) of the Act. (d) [_] Investment Company registered under section 8 of the Investment Company Act. (e) [x] Investment Adviser in accordance with Sec.240.13d-1(b)(1)(ii)(E). (f) [_] Employee Benefit Plan or Endowment Fund in accordance with Sec. 240.13d-1(b)(1)(ii)(F). (g) [x] Parent holding company or control person, in accordance with Sec.240.13d-1(b)(1)(ii)(G). (h) [_] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act. (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940. (j) [_] Group, in accordance with Sec.240.13d-1(b)(1)(ii)(J). Item 4. Ownership. (a) Amount beneficially owned. 2,782,097 (b) Percent of class. 6.06 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 0 -------------------- (ii) Shared power to vote or to direct the vote 2,782,097 -------------------- (iii) Sole power to dispose or to direct the disposition of 0 -------------------- (iv) Shared power to dispose or to direct the disposition of 2,782,097 -------------------- Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ] Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Robert G. Moses is the managing member of RGM Capital, LLC, a Delaware limited liability company that serves as investment adviser to, and exercises investment discretion over, a number of investment accounts and investment vehicles. None of those investment accounts or investment vehicles has beneficial ownership of 5% or more of any class of the Common Stock. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable Item 8. Identification and Classification of Members of the Group. Not applicable Item 9. Notice of Dissolution of a Group. Not applicable Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 RGM CAPITAL, LLC* By: /s/ Robert G. Moses --------------------------- Name: Robert G. Moses Title: Managing Member Robert G. Moses* By: /s/ Robert G. Moses --------------------------- * The Reporting Persons disclaim beneficial ownership of the shares reported herein except to the extent of their pecuniary interest. EXHIBIT INDEX EXHIBIT B: Joint Acquisition Statement Pursuant to Section 240.13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate. Date: February 13, 2024 RGM CAPITAL, LLC By: /s/ Robert G. Moses --------------------------- Name: Robert G. Moses Title: Managing Member Robert G. Moses By: /s/ Robert G. Moses ---------------------------

Get the next $PRO alert in real time by email

Recent Analyst Ratings for

$PRO

Date	Price Target	Rating	Analyst
1/16/2025		Outperform → Perform	Oppenheimer
10/30/2024	$31.00	Hold → Buy	Craig Hallum
7/9/2024	$40.00 → $32.00	Buy → Hold	Craig Hallum
1/12/2024	$43.00	Sector Weight → Overweight	KeyBanc Capital Markets
4/20/2023	$37.00	Outperform	Oppenheimer
5/4/2022	$35.00	Hold → Buy	Craig Hallum
3/4/2022	$35.00 → $33.00	Equal-Weight	Morgan Stanley
2/15/2022	$48.00	Buy	Stifel

More analyst ratings

SEC Form SC 13G/A filed by PROS Holdings Inc. (Amendment)

Chat with this insight

Recent Analyst Ratings for $PRO

$PRO Financials

Live finance-specific insights

PROS Holdings, Inc. Reports First Quarter 2025 Financial Results

PROS Holdings, Inc. Announces Date of First Quarter 2025 Financial Results Release, Conference Call, and Webcast

PROS Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

$PRO Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

PROS Holdings downgraded by Oppenheimer

PROS Holdings upgraded by Craig Hallum with a new price target

PROS Holdings downgraded by Craig Hallum with a new price target

$PRO SEC Filings

PROS Holdings Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

SEC Form 10-Q filed by PROS Holdings Inc.

PROS Holdings Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

$PRO Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Petersen Greg exercised 6,125 shares at a strike of $16.87, increasing direct ownership by 5% to 125,170 units (SEC Form 4)

Director Jourdan Leland sold $37,676 worth of shares (2,131 units at $17.68), decreasing direct ownership by 12% to 14,947 units (SEC Form 4)

Director May Katie exercised 1,495 shares at a strike of $16.87 (SEC Form 4)

$PRO Leadership Updates

Live Leadership Updates

PROS Holdings, Inc. Names Jeff Cotten as President & Chief Executive Officer

PROS Appoints Growth Veteran Katie May to Board of Directors

PROS Holdings, Inc. Announces Appointment of John Strosahl to Board of Directors

$PRO Press Releases

Fastest customizable press release news feed in the world

PROS Announces Investor Conference Schedule for June 2025

PROS Unveils Revolutionary AI Agents to Transform Business Efficiency and User Engagement

PROS Announces Winners of 2025 Customer Outperformer Awards

$PRO Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by PROS Holdings Inc.

Amendment: SEC Form SC 13G/A filed by PROS Holdings Inc.

Amendment: SEC Form SC 13G/A filed by PROS Holdings Inc.

$PRO Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

President & CEO Reiner Andres bought $133,875 worth of shares (7,500 units at $17.85), increasing direct ownership by 0.74% to 1,015,752 units (SEC Form 4)

President & CEO Reiner Andres bought $129,000 worth of shares (7,500 units at $17.20), increasing direct ownership by 0.75% to 1,008,252 units (SEC Form 4)

Recent Analyst Ratings for
$PRO

$PRO
Financials

$PRO
Analyst Ratings

$PRO
SEC Filings

$PRO
Insider Trading

$PRO
Leadership Updates

$PRO
Press Releases

$PRO
Large Ownership Changes

$PRO
Insider Purchases