Procore Technologies (NYSE:PCOR) Director Elisa Steele Sells 1,500 Shares

Posted by George Bondi on Aug 21st, 2026

Procore Technologies, Inc. (NYSE:PCOR – Get Free Report) Director Elisa Steele sold 1,500 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $63.00, for a total transaction of $94,500.00. Following the sale, the director directly owned 58,371 shares in the company, valued at $3,677,373. This trade represents a 2.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Procore Technologies Price Performance

Shares of PCOR opened at $63.01 on Friday. The company’s 50-day moving average is $47.76 and its 200-day moving average is $51.10. The firm has a market capitalization of $9.57 billion, a PE ratio of -242.35 and a beta of 0.70. Procore Technologies, Inc. has a fifty-two week low of $38.03 and a fifty-two week high of $82.32.

Procore Technologies (NYSE:PCOR – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.42 by $0.05. Procore Technologies had a negative net margin of 2.73% and a positive return on equity of 0.71%. The business had revenue of $375.21 million for the quarter, compared to the consensus estimate of $365.82 million. During the same period in the prior year, the company posted $0.35 earnings per share. Procore Technologies’s revenue was up 15.8% compared to the same quarter last year. Analysts predict that Procore Technologies, Inc. will post 0.09 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Spyglass Capital Management LLC lifted its stake in shares of Procore Technologies by 4.7% in the 2nd quarter. Spyglass Capital Management LLC now owns 1,052,908 shares of the company’s stock valued at $42,769,000 after purchasing an additional 47,537 shares during the period. Kerrisdale Advisers LLC bought a new position in Procore Technologies in the second quarter worth $315,000. Quantitative Investment Management LLC bought a new position in Procore Technologies in the second quarter worth $341,000. Two Sigma Securities LLC purchased a new position in Procore Technologies during the second quarter valued at $517,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Procore Technologies by 4.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 330,373 shares of the company’s stock valued at $13,420,000 after buying an additional 13,597 shares during the period. Institutional investors own 81.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on PCOR shares. Citizens Jmp upgraded Procore Technologies from a “market perform” rating to a “market outperform” rating and set a $71.00 target price on the stock in a report on Wednesday, April 29th. Jefferies Financial Group dropped their price target on shares of Procore Technologies from $95.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, July 21st. Citigroup restated a “market outperform” rating on shares of Procore Technologies in a research report on Tuesday, July 21st. The Goldman Sachs Group cut their target price on shares of Procore Technologies from $80.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Finally, Wall Street Zen cut shares of Procore Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $70.44.

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Procore Technologies Company Profile

(Get Free Report)

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. It offers Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; and Project Execution, which enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for teams on the jobsite and in the back office.