Procore Technologies Inc (NYSE: PCOR) is -0.85% lower on its value in year-to-date trading and has touched a low of $49.46 and a high of $86.67 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PCOR stock was last observed hovering at around $74.80 in the last trading session, with the day’s loss setting it -0.51%.
Currently trading at $74.29, the stock is -4.59% and -5.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing -0.68% at the moment leaves the stock 9.35% off its SMA200. PCOR registered -0.46% loss for a year compared to 6-month gain of 38.21%. The firm has a 50-day simple moving average (SMA 50) of $78.3486 and a 200-day simple moving average (SMA200) of $67.91635.
The stock witnessed a -0.05% loss in the last 1 month and extending the period to 3 months gives it a 5.44%, and is -4.07% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.94% over the week and 2.90% over the month.
Procore Technologies Inc (PCOR) has around 3694 employees, a market worth around $11.04B and $1.11B in sales. Fwd P/E is 60.78. Profit margin for the company is -6.59%. Distance from 52-week low is 50.20% and -14.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.38%).
with sales reaching $297.41M over the same period.The EPS is expected to grow by 248.25% this year, but quarterly earnings will post 20.70% year-over-year. Quarterly sales are estimated to grow 14.37% in year-over-year returns.
The shares outstanding are 148.66M, and float is at 136.58M with Short Float at 6.47%.
The top institutional shareholder in the company is ICONIQ CAPITAL, LLC with over 27.99 million shares valued at $1.86 billion. The investor’s holdings represent 19.2427 of the PCOR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.19 million shares valued at $675.61 million to account for 7.0036 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 6.9 million shares representing 4.7432 and valued at over $457.55 million, while BLACKROCK INC. holds 3.5963 of the shares totaling 5.23 million with a market value of $346.91 million.
Procore Technologies Inc (PCOR) Insider Activity
The most recent transaction is an insider sale by O CONNOR KEVIN J, the company’s Director. SEC filings show that O CONNOR KEVIN J sold 6,410 shares of the company’s common stock on Feb 05 ’25 at a price of $77.33 per share for a total of $0.5 million. Following the sale, the insider now owns 1.24 million shares.
Procore Technologies Inc disclosed in a document filed with the SEC on Feb 06 ’25 that O CONNOR KEVIN J (Director) sold a total of 6,410 shares of the company’s common stock. The trade occurred on Feb 06 ’25 and was made at $76.90 per share for $0.49 million. Following the transaction, the insider now directly holds 1.24 million shares of the PCOR stock.
Still, SEC filings show that on Feb 07 ’25, O CONNOR KEVIN J (Director) disposed off 6,410 shares at an average price of $76.77 for $0.49 million. The insider now directly holds 1,231,368 shares of Procore Technologies Inc (PCOR).
