Procore Technologies Inc (NYSE: PCOR) is -12.41% 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 $66.40 in the last trading session, with the day’s loss setting it -0.77%.
Currently trading at $65.63, the stock is 5.38% and -0.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -1.16% at the moment leaves the stock -3.85% off its SMA200. PCOR registered -4.13% loss for a year compared to 6-month loss of -2.15%.
The stock witnessed a 2.79% gain in the last 1 month and extending the period to 3 months gives it a -13.02%, and is 1.20% up 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 3.39% over the week and 4.06% over the month.
Procore Technologies Inc (PCOR) has around 4203 employees, a market worth around $9.79B and $1.19B in sales. Fwd P/E is 42.34. Profit margin for the company is -10.73%. Distance from 52-week low is 32.69% and -26.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.27%).
The EPS is expected to grow by 29.45% this year.
Procore Technologies Inc (PCOR) Top Institutional Holders
The shares outstanding are 149.10M, and float is at 110.23M with Short Float at 9.07%.
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
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Procore Technologies Inc disclosed in a document filed with the SEC on Apr 23 ’25 that Fu Howard (CFO & Treasurer) sold a total of 1,480 shares of the company’s common stock. The trade occurred on Apr 23 ’25 and was made at $60.02 per share for $88830.0. Following the transaction, the insider now directly holds 0.21 million shares of the PCOR stock.
Still, SEC filings show that on Apr 23 ’25, HOWARD FU (Officer) Proposed Sale 1,480 shares at an average price of $60.02 for $88830.0. The insider now directly holds shares of Procore Technologies Inc (PCOR).
