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

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

Procore Technologies Price Performance

PCOR opened at $75.62 on Thursday. Procore Technologies, Inc. has a 12 month low of $38.03 and a 12 month high of $82.32. The business has a 50-day moving average of $56.99 and a two-hundred day moving average of $53.40. The stock 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 quarterly earnings data 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. Procore Technologies had a negative net margin of 2.31% and a positive return on equity of 2.59%. The business had revenue of $402.31 million for the quarter, compared to analyst estimates of $384.38 million. During the same period in the prior year, the firm posted $0.42 EPS. The company’s revenue was up 18.7% on a year-over-year basis. Equities research analysts anticipate that Procore Technologies, Inc. will post 0.41 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PCOR. Mizuho set a $68.00 price objective on shares of Procore Technologies in a research note on Wednesday. BTIG Research reaffirmed a “buy” rating and issued a $66.00 target price on shares of Procore Technologies in a research report on Friday, July 24th. Weiss Ratings upgraded Procore Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 23rd. Griffin Securities assumed coverage on Procore Technologies in a research report on Wednesday, October 28th. They set a “buy” rating and a $82.00 price target for the company. Finally, Zacks Research lowered Procore Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Procore Technologies currently has an average rating of “Moderate Buy” and an average target price of $71.05.

Procore Technologies News Roundup

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

Institutional Investors Weigh In On Procore Technologies

Large investors have recently made changes to their positions in the business. Keybank National Association OH grew its stake in Procore Technologies by 39.0% during the 3rd quarter. Keybank National Association OH now owns 12,334 shares of the company’s stock valued at $638,000 after purchasing an additional 3,459 shares in the last quarter. New York Life Investment Management LLC raised its position in shares of Procore Technologies by 26.7% in the 3rd quarter. New York Life Investment Management LLC now owns 17,293 shares of the company’s stock valued at $894,000 after purchasing an additional 3,640 shares in the last quarter. AlphaCore Capital LLC acquired a new position in shares of Procore Technologies in the 3rd quarter valued at approximately $237,000. Fulcrum Asset Management LLP raised its position in shares of Procore Technologies by 933.8% in the 3rd quarter. Fulcrum Asset Management LLP now owns 8,064 shares of the company’s stock valued at $399,000 after purchasing an additional 7,284 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its stake in shares of Procore Technologies by 4.4% during the 3rd quarter. Pictet Asset Management Holding SA now owns 18,685 shares of the company’s stock valued at $966,000 after buying an additional 785 shares during the last quarter. Institutional investors and hedge funds own 81.10% of the company’s stock.

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.