The shares acquired represent 4.25% of the company's issued ordinary share capital at the time of purchase.
The broker goes on to say that this should be a good year to make money on StatPro shares because its Revolution Performance module, currently in 'beta' testing, is on track for release in summer 2016.
“For us, this is the last piece of the technical jigsaw and from here StatPro can accelerate sales as it begins to unlock that circa 200 Seven customer base,” Panmure Gordon said.
StatPro's shares currently trade at 75.84p, so the software company is already sitting on a profit from its purchase. Panmure Gordon reckons the shares are worth 124p.