Procore Technologies (NYSE:PCOR) Director Sells 7,692 Shares of Company Stock

Procore Technologies, Inc. (NYSE:PCOR) Director Connor Kevin O sold 7,692 shares of Procore Technologies stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $54.53, for a total value of $419,444.76. Following the completion of the sale, the director owned 900,594 shares in the company, valued at $49,109,390.82. This represents a 0.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Procore Technologies Stock Up 19.7%

NYSE PCOR traded up $12.45 on Wednesday, reaching $75.62. The stock had a trading volume of 9,022,299 shares, compared to its average volume of 3,114,661. Procore Technologies, Inc. has a 12-month low of $38.03 and a 12-month high of $82.32. The stock has a fifty day moving average price of $56.99 and a two-hundred day moving average price of $53.40. The firm has a market capitalization of $11.49 billion, a price-to-earnings ratio of -328.75 and a beta of 0.75.

Procore Technologies (NYSE:PCOR) last announced its earnings results on Tuesday, November 3rd. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.05. The firm had revenue of $402.31 million for the quarter, compared to the consensus estimate of $384.38 million. Procore Technologies had a negative net margin of 2.31% and a positive return on equity of 2.59%. The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.42 EPS. Sell-side analysts forecast that Procore Technologies, Inc. will post 0.41 earnings per share for the current fiscal year.

Institutional Trading of Procore Technologies

Several large investors have recently added to or reduced their stakes in PCOR. Strs Ohio raised its stake in shares of Procore Technologies by 9.1% during the 1st quarter. Strs Ohio now owns 2,996 shares of the company’s stock worth $171,000 after purchasing an additional 251 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of Procore Technologies by 7.9% during the 4th quarter. Corient Private Wealth LLC now owns 5,302 shares of the company’s stock worth $387,000 after purchasing an additional 389 shares in the last quarter. Parallel Advisors LLC raised its position in Procore Technologies by 10.3% in the third quarter. Parallel Advisors LLC now owns 5,264 shares of the company’s stock worth $272,000 after purchasing an additional 492 shares in the last quarter. Versant Capital Management Inc boosted its stake in shares of Procore Technologies by 50.3% in the 2nd quarter. Versant Capital Management Inc now owns 1,581 shares of the company’s stock valued at $64,000 after purchasing an additional 529 shares in the last quarter. Finally, Meeder Advisory Services Inc. lifted its holdings in Procore Technologies by 23.2% during the 1st quarter. Meeder Advisory Services Inc. now owns 3,756 shares of the company’s stock valued at $214,000 after purchasing an additional 708 shares during the last quarter. 81.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on PCOR shares. Griffin Securities assumed coverage on Procore Technologies in a research note on Wednesday, October 28th. They issued a “buy” rating and a $82.00 price objective on the stock. JPMorgan Chase & Co. lifted their price target on Procore Technologies from $69.00 to $74.00 and gave the stock an “overweight” rating in a report on Wednesday. BTIG Research restated a “buy” rating and issued a $66.00 price objective on shares of Procore Technologies in a research note on Friday, July 24th. Jefferies Financial Group decreased their target price on Procore Technologies from $95.00 to $75.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. Finally, Barclays lifted their price objective on Procore Technologies from $60.00 to $62.00 and gave the company an “overweight” rating in a research report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $71.05.

Key Headlines Impacting Procore Technologies

Here are the key news stories impacting Procore Technologies this week:

• Positive Sentiment: Procore reported Q3 adjusted earnings of $0.51 per share, above analyst estimates of roughly $0.45–$0.46, while revenue of $402.3 million exceeded expectations of about $384 million and increased 18.7% year over year. Management said revenue and margins came in above the high end of guidance. Procore Q3 2026 results
• Positive Sentiment: The company said Procore AI’s “digital coworkers” became generally available, adding a product-development catalyst alongside the earnings beat. Procore Q3 2026 results
• Neutral Sentiment: JPMorgan raised its price target from $69 to $74 and maintained an Overweight rating. The new target is below the share price cited in the report, tempering the upgrade’s near-term upside signal. JPMorgan price target update
• Neutral Sentiment: Commentary on valuation was mixed: one analysis described the stock as close to fair value based on cash flow, while another estimated potential undervaluation. These are model-based assessments rather than company announcements. Procore valuation analysis

About Procore Technologies

Procore Technologies, Inc provides cloud-based construction management software through its Procore platform. The company’s technology is designed to connect owners, general and specialty contractors, architects, engineers and other construction professionals throughout the project lifecycle.

Procore’s products and services support preconstruction planning, project management, financial management, quality and safety programs, workforce management, construction intelligence and collaboration.