Procore Technologies Inc (NYSE: PCOR) is -23.62% 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 $56.26 in the last trading session, with the day’s gains setting it 0.97%.
Currently trading at $57.23, the stock is -8.64% and -18.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 1.72% at the moment leaves the stock -16.46% off its SMA200. PCOR registered -20.20% loss for a year compared to 6-month gain of -9.23%. The firm has a 50-day simple moving average (SMA 50) of $69.9482 and a 200-day simple moving average (SMA200) of $68.5046.
The stock witnessed a -18.68% loss in the last 1 month and extending the period to 3 months gives it a -27.09%, and is -5.45% 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 3.77% over the week and 5.78% over the month.
Procore Technologies Inc (PCOR) has around 4203 employees, a market worth around $8.58B and $1.15B in sales. Fwd P/E is 36.07. Profit margin for the company is -9.20%. Distance from 52-week low is 15.71% and -35.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.78%).
with sales reaching $302.68M over the same period.The EPS is expected to grow by 31.11% this year, but quarterly earnings will post 11.72% year-over-year. Quarterly sales are estimated to grow 12.34% in year-over-year returns.
Procore Technologies Inc (PCOR) Top Institutional Holders
534.0 institutions hold shares in Procore Technologies Inc (PCOR), with institutional investors hold 100.23% of the company’s shares. The shares outstanding are 149.85M, and float is at 110.79M with Short Float at 9.09%. Institutions hold 91.10% 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 6.9339 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 6.9 million shares representing 4.6959% 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 1,216 shares of the company’s common stock on Apr 14 ’25 at a price of $61.34 per share for a total of $74589.0. Following the sale, the insider now owns 0.21 million shares.
Still, SEC filings show that on Apr 10 ’25, O CONNOR KEVIN J (Director) disposed off 7,692 shares at an average price of $60.57 for $0.47 million. The insider now directly holds 1,200,592 shares of Procore Technologies Inc (PCOR).
