Procore Technologies Inc (NYSE: PCOR) is 1.32% higher on its value in year-to-date trading and has touched a low of $49.46 and a high of $88.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PCOR stock was last observed hovering at around $78.55 in the last trading session, with the day’s loss setting it -2.63%.
Currently trading at $75.92, the stock is -4.28% and -2.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -3.35% at the moment leaves the stock 10.70% off its SMA200. PCOR registered 2.07% gain for a year compared to 6-month gain of 23.09%.
The stock witnessed a -7.17% loss in the last 1 month and extending the period to 3 months gives it a -0.99%, and is -8.59% 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 4.24% over the week and 3.77% over the month.
Procore Technologies Inc (PCOR) has around 4203 employees, a market worth around $11.29B and $1.15B in sales. Fwd P/E is 46.70. Profit margin for the company is -9.20%. Distance from 52-week low is 53.50% and -14.62% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.78%).
with sales reaching $302.62M over the same period.The EPS is expected to grow by 32.69% this year, but quarterly earnings will post 11.92% year-over-year. Quarterly sales are estimated to grow 12.32% in year-over-year returns.
The shares outstanding are 149.85M, and float is at 133.87M with Short Float at 6.55%.
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 19.0512 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 Fu Howard, the company’s CFO & Treasurer. SEC filings show that Fu Howard sold 8,000 shares of the company’s common stock on Feb 19 ’25 at a price of $87.00 per share for a total of $0.7 million. Following the sale, the insider now owns 0.16 million shares.
Procore Technologies Inc disclosed in a document filed with the SEC on Feb 21 ’25 that Singer Benjamin C (Chief Legal Officer; Secretary) sold a total of 6,937 shares of the company’s common stock. The trade occurred on Feb 21 ’25 and was made at $83.60 per share for $0.58 million. Following the transaction, the insider now directly holds 72110.0 shares of the PCOR stock.
Still, SEC filings show that on Feb 21 ’25, Stack Lawrence Joseph (Chief Revenue Officer) disposed off 12,000 shares at an average price of $82.92 for $1.0 million. The insider now directly holds 161,368 shares of Procore Technologies Inc (PCOR).
