Procore Technologies, Inc. (NYSE:PCOR – Get Free Report) insider Benjamin C. Singer sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $69.05, for a total transaction of $207,150.00. Following the completion of the sale, the insider now directly owns 122,321 shares of the company’s stock, valued at approximately $8,446,265.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Procore Technologies Trading Down 1.6 %
Shares of PCOR stock opened at $68.14 on Friday. Procore Technologies, Inc. has a 12 month low of $48.11 and a 12 month high of $83.35. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.04. The firm has a fifty day moving average price of $76.24 and a 200 day moving average price of $68.91.
Procore Technologies (NYSE:PCOR – Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.13. Procore Technologies had a negative return on equity of 8.37% and a negative net margin of 13.64%. The business had revenue of $260.04 million during the quarter, compared to analysts’ expectations of $248.20 million. As a group, sell-side analysts expect that Procore Technologies, Inc. will post -0.62 earnings per share for the current year.
Hedge Funds Weigh In On Procore Technologies
Wall Street Analyst Weigh In
Several analysts have recently weighed in on PCOR shares. KeyCorp increased their price target on shares of Procore Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a research note on Friday, February 16th. Mizuho reduced their price target on shares of Procore Technologies from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Thursday. Barclays lowered their price objective on shares of Procore Technologies from $83.00 to $78.00 and set an “overweight” rating for the company in a research report on Thursday. Piper Sandler decreased their price target on Procore Technologies from $80.00 to $77.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, DA Davidson reissued a “buy” rating and set a $95.00 target price on shares of Procore Technologies in a research note on Thursday, March 14th. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, Procore Technologies has an average rating of “Moderate Buy” and a consensus target price of $81.79.
Check Out Our Latest Report on PCOR
Procore Technologies Company Profile
Procore Technologies, Inc engages in the provision of a cloud-based construction management platform and related software products in the United States and internationally. The company's platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects.
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