Procore Technologies Inc (NYSE: PCOR) is -7.95% 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 $67.63 in the last trading session, with the day’s gains setting it 1.34%.
Currently trading at $68.97, the stock is -0.20% and -7.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 1.98% at the moment leaves the stock 0.16% off its SMA200. PCOR registered -14.13% loss for a year compared to 6-month gain of 11.75%. The firm has a 50-day simple moving average (SMA 50) of $74.9414 and a 200-day simple moving average (SMA200) of $68.8592.
The stock witnessed a -7.22% loss in the last 1 month and extending the period to 3 months gives it a -8.49%, and is -1.43% 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 4.44% over the week and 4.00% over the month.
Procore Technologies Inc (PCOR) has around 4203 employees, a market worth around $10.34B and $1.15B in sales. Fwd P/E is 42.42. Profit margin for the company is -9.20%. Distance from 52-week low is 39.45% and -22.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.78%).
The EPS is expected to grow by 32.66% this year
533.0 institutions hold shares in Procore Technologies Inc (PCOR), with institutional investors hold 100.36% of the company’s shares. The shares outstanding are 149.85M, and float is at 111.11M with Short Float at 8.49%. Institutions hold 91.37% of the Float.
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 3.5605 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 1,447 shares of the company’s common stock on Mar 21 ’25 at a price of $68.79 per share for a total of $99539.0. Following the sale, the insider now owns 0.14 million shares.
Still, SEC filings show that on Mar 13 ’25, O CONNOR KEVIN J (Director) disposed off 5,128 shares at an average price of $68.04 for $0.35 million. The insider now directly holds 1,221,112 shares of Procore Technologies Inc (PCOR).
