Procore Technologies Inc (NYSE: PCOR) is -2.23% lower 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 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 $72.17 in the last trading session, with the day’s gains setting it 1.09%.
Currently trading at $73.26, the stock is -6.33% and -5.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing 1.51% at the moment leaves the stock 6.56% off its SMA200. PCOR registered -2.64% loss for a year compared to 6-month gain of 31.15%.
The stock witnessed a -5.40% loss in the last 1 month and extending the period to 3 months gives it a -11.38%, and is -4.20% 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 5.62% over the week and 4.46% over the month.
Procore Technologies Inc (PCOR) has around 4203 employees, a market worth around $10.98B and $1.15B in sales. Fwd P/E is 45.06. Profit margin for the company is -9.20%. Distance from 52-week low is 48.12% and -17.61% 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.
Procore Technologies Inc (PCOR) Top Institutional Holders
The shares outstanding are 149.85M, and float is at 135.00M with Short Float at 6.49%.
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 2,642 shares of the company’s common stock on Mar 03 ’25 at a price of $77.05 per share for a total of $0.2 million. Following the sale, the insider now owns 0.15 million shares.
Still, SEC filings show that on Feb 19 ’25, Fu Howard (CFO & Treasurer) disposed off 8,000 shares at an average price of $87.00 for $0.7 million. The insider now directly holds 156,188 shares of Procore Technologies Inc (PCOR).
