Procore Technologies Inc’s recently made public that its SVP, Corporate Controller Fleming William Fred Jr unloaded Company’s shares for reported $1.06 million on Nov 06 ’24. In the deal valued at $70.75 per share,15,000 shares were sold. As a result of this transaction, Fleming William Fred Jr now holds 75,120 shares worth roughly $5.3 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Fu Howard sold 1,500 shares, generating $107,625 in total proceeds. Upon selling the shares at $71.75, the CFO & Treasurer now owns 171,997 shares.
Before that, Fu Howard bought 1,500 shares. Procore Technologies Inc shares valued at $107,626 were divested by the Officer at a price of $71.75 per share.
Robert W. Baird initiated its Procore Technologies Inc [PCOR] rating to an Outperform in a research note published on September 24, 2024; the price target was $73. A number of analysts have revised their coverage, including DA Davidson’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Neutral”. Barclays also remained covering PCOR and has decreased its forecast on August 02, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Macquarie started covering the stock on June 05, 2024. It rated PCOR as “a Neutral”.
Price Performance Review of PCOR
On Monday, Procore Technologies Inc [NYSE:PCOR] saw its stock jump 0.21% to $70.61. Over the last five days, the stock has gained 6.01%. Procore Technologies Inc shares have risen nearly 2.01% since the year began. Nevertheless, the stocks have risen 41.22% over the past one year. While a 52-week high of $83.35 was reached on 03/27/24, a 52-week low of $49.46 was recorded on 08/02/24. SMA at 50 days reached $61.27, while 200 days put it at $67.49.
Levels Of Support And Resistance For PCOR Stock
The 24-hour chart illustrates a support level at 70.08, which if violated will result in even more drops to 69.55. On the upside, there is a resistance level at 71.23. A further resistance level may holdings at 71.85. The Relative Strength Index (RSI) on the 14-day chart is 72.04, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.66, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.16%. Stochastics %K at 84.97% indicates the stock is a selling.
How much short interest is there in Procore Technologies Inc?
A steep rise in short interest was recorded in Procore Technologies Inc stocks on 2024-10-15, dropping by -1.93 million shares to a total of 9.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 11.4 million shares. There was a decline of -20.34%, which implies that there is a negative sentiment for the stock.
