Procore Technologies, Inc. $PCOR Stock Sold by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC lessened its stake in Procore Technologies, Inc. (NYSE:PCOR) by 12.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 297,403 shares of the company’s stock after selling 43,935 shares during the period. Conestoga Capital Advisors LLC’s holdings in Procore Technologies were worth $15,382,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of PCOR. Twin Tree Management LP purchased a new position in shares of Procore Technologies during the second quarter worth about $40,000. Global Retirement Partners LLC purchased a new stake in shares of Procore Technologies in the 2nd quarter valued at about $52,000. Canton Hathaway LLC acquired a new stake in shares of Procore Technologies in the 3rd quarter valued at about $69,000. Versant Capital Management Inc boosted its position in shares of Procore Technologies by 50.3% in the 2nd quarter. Versant Capital Management Inc now owns 1,581 shares of the company’s stock valued at $64,000 after purchasing an additional 529 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. boosted its position in shares of Procore Technologies by 586.7% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,218 shares of the company’s stock valued at $115,000 after purchasing an additional 1,895 shares during the period. Institutional investors and hedge funds own 81.10% of the company’s stock.

Procore Technologies Stock Performance

PCOR stock opened at $75.62 on Thursday. Procore Technologies, Inc. has a one year low of $38.03 and a one year high of $82.32. The stock has a market capitalization of $11.49 billion, a PE ratio of -328.75 and a beta of 0.75. The company has a fifty day moving average of $56.99 and a 200-day moving average of $53.40.

Procore Technologies (NYSE:PCOR) last issued its earnings results on Tuesday, November 3rd. The company reported $0.51 earnings per share for the quarter, beating 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 the consensus estimate of $384.38 million. During the same quarter in the previous year, the firm earned $0.42 earnings per share. The business’s quarterly revenue was up 18.7% compared to the same quarter last year. Equities analysts forecast that Procore Technologies, Inc. will post 0.41 earnings per share for the current fiscal year.

Insider Transactions at Procore Technologies

In other Procore Technologies news, SVP William Fred Fleming, Jr. sold 10,000 shares of Procore Technologies stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $58.95, for a total value of $589,500.00. Following the sale, the senior vice president owned 104,981 shares of the company’s stock, valued at approximately $6,188,629.95. The trade was a 8.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Craig Courtemanche, Jr. sold 56,122 shares of Procore Technologies stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $56.19, for a total value of $3,153,495.18. Following the completion of the sale, the chairman directly owned 908,316 shares in the company, valued at $51,038,276.04. This represents a 5.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 206,885 shares of company stock valued at $11,601,918 over the last 90 days. Insiders own 16.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on PCOR shares. UBS Group lifted their price target on Procore Technologies from $68.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Cantor Fitzgerald increased their price objective on Procore Technologies from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, October 16th. Citigroup restated a “market outperform” rating on shares of Procore Technologies in a research report on Monday, October 26th. BTIG Research reaffirmed a “buy” rating and issued a $66.00 target price on shares of Procore Technologies in a report on Friday, July 24th. Finally, DA Davidson set a $56.00 price target on shares of Procore Technologies in a research report on Monday, September 28th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Procore Technologies has an average rating of “Moderate Buy” and an average price target of $71.05.

More Procore Technologies News

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

Procore Technologies Company Profile

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.