KD Logo

Examining the Potential Price Growth of Procore Technologies Inc (PCOR)

Procore Technologies Inc’s recently made public that its CFO & Treasurer Fu Howard unloaded Company’s shares for reported $0.7 million on Feb 19 ’25. In the deal valued at $87.00 per share,8,000 shares were sold. As a result of this transaction, Fu Howard now holds 156,188 shares worth roughly $12.56 million.

Then, Singer Benjamin C sold 6,937 shares, generating $579,922 in total proceeds. Upon selling the shares at $83.60, the Chief Legal Officer; Secretary now owns 72,110 shares.

Before that, Stack Lawrence Joseph sold 12,000 shares. Procore Technologies Inc shares valued at $995,040 were divested by the Chief Revenue Officer at a price of $82.92 per share. As a result of the transaction, Stack Lawrence Joseph now holds 161,368 shares, worth roughly $12.98 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 Friday, Procore Technologies Inc [NYSE:PCOR] saw its stock fall -2.21% to $80.43. Over the last five days, the stock has lost -8.08%. Procore Technologies Inc shares have risen nearly 7.34% since the year began. Nevertheless, the stocks have risen 9.53% over the past one year. While a 52-week high of $88.92 was reached on 02/18/25, a 52-week low of $49.46 was recorded on 01/13/25. SMA at 50 days reached $78.25, while 200 days put it at $68.44.

Levels Of Support And Resistance For PCOR Stock

The 24-hour chart illustrates a support level at 77.93, which if violated will result in even more drops to 75.44. On the upside, there is a resistance level at 82.67. A further resistance level may holdings at 84.91. The Relative Strength Index (RSI) on the 14-day chart is 51.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 54.21%. Stochastics %K at 55.24% indicates the stock is a holding.

Most Popular