New insider activity at Procore Technologies ( (PCOR) ) has taken place on June 17, 2025.
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Director William J.G. Griffith and significant shareholder ICONIQ Strategic Partners IV, L.P. have both sold 309,168 shares of Procore Technologies stock, each transaction valued at $20,018,353. These substantial sales highlight significant movements within the company’s stock holdings.
Recent Updates on PCOR stock
Procore Technologies has recently seen positive developments that have influenced analyst price targets. The company reported strong Q1 2025 earnings, highlighting growth and customer expansion, which has led to an increase in price targets by analysts such as Baird and Barclays. Procore’s strategic investments, including the acquisition of Novorender and FlyPaper, are expected to enhance its Building Information Modeling capabilities, further supporting its growth potential. Despite these positive developments, there are ongoing concerns regarding profitability and valuation, reflected in a neutral stance by some analysts. The company’s focus on revenue growth and strategic investments in AI and marketing are viewed positively, although challenges such as a negative P/E ratio and lack of dividends remain.
Spark’s Take on PCOR Stock
According to Spark, TipRanks’ AI Analyst, PCOR is a Outperform.
Procore Technologies’ overall stock score is driven by strong financial performance in terms of revenue growth and cash flow, complemented by positive earnings call sentiment. However, challenges with profitability and valuation, along with some technical weaknesses, moderate the overall score.
To see Spark’s full report on PCOR stock, click here.
More about Procore Technologies
YTD Price Performance: -12.66%
Average Trading Volume: 1,238,752
Technical Sentiment Signal: Sell
Current Market Cap: $9.79B