Procore Technologies Inc’s recent filing unveils that its Director O CONNOR KEVIN J unloaded Company’s shares for reported $0.5 million on Feb 05 ’25. In the deal valued at $77.33 per share,6,410 shares were sold. As a result of this transaction, O CONNOR KEVIN J now holds 1,244,188 shares worth roughly $94.93 million.
Then, O CONNOR KEVIN J sold 6,410 shares, generating $492,929 in total proceeds. Upon selling the shares at $76.90, the Director now owns 1,237,778 shares.
Before that, O CONNOR KEVIN J sold 6,410 shares. Procore Technologies Inc shares valued at $492,096 were divested by the Director at a price of $76.77 per share. As a result of the transaction, O CONNOR KEVIN J now holds 1,231,368 shares, worth roughly $93.95 million.
Jefferies upgraded its Procore Technologies Inc [PCOR] rating to a Buy from a a Hold in a research note published on January 06, 2025; the price target was increased to $100 from $80. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. BMO Capital Markets also remained covering PCOR and reiterated its “an Outperform” recommendation on November 22, 2024. Robert W. Baird started covering the stock on September 24, 2024. It rated PCOR as “an Outperform”.
Price Performance Review of PCOR
On Monday, Procore Technologies Inc [NYSE:PCOR] saw its stock jump 1.13% to $76.30. Over the last five days, the stock has lost -2.20%. Procore Technologies Inc shares have risen nearly 1.83% since the year began. Nevertheless, the stocks have risen 5.14% over the past one year. While a 52-week high of $86.67 was reached on 01/28/25, a 52-week low of $49.46 was recorded on 01/13/25. SMA at 50 days reached $78.46, while 200 days put it at $67.90.
Levels Of Support And Resistance For PCOR Stock
The 24-hour chart illustrates a support level at 75.41, which if violated will result in even more drops to 74.51. On the upside, there is a resistance level at 77.44. A further resistance level may holdings at 78.58. The Relative Strength Index (RSI) on the 14-day chart is 45.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.10%. Stochastics %K at 12.17% indicates the stock is a buying.
How much short interest is there in Procore Technologies Inc?
A steep rise in short interest was recorded in Procore Technologies Inc stocks on 2025-01-15, dropping by -0.79 million shares to a total of 8.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 9.69 million shares. There was a decline of -8.85%, which implies that there is a negative sentiment for the stock.
