3 days Ago By ABMN Staff
Schroder Investment Management Group lowered its position in Procore Technologies, Inc. ( NYSE:PCOR – Free Report ) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The institutional investor owned 15,731 shares of the company’s stock after selling 1,869 shares during the quarter. Schroder Investment Management Group’s holdings in Procore Technologies were worth $1,186,000 as of its most recent SEC filing. Several other institutional investors also recently bought and sold shares of the company.
Arrowstreet Capital Limited Partnership bought a new position in shares of Procore Technologies during the 4th quarter worth $54,237,000. Orion Portfolio Solutions LLC grew its holdings in Procore Technologies by 10.1% during the 4th quarter.
Orion Portfolio Solutions LLC now owns 74,510 shares of the company’s stock worth $5,583,000 after acquiring an additional 6,827 shares in the last quarter. Pictet Asset Management Holding SA increased its position in Procore Technologies by 12.8% during the 4th quarter.
Pictet Asset Management Holding SA now owns 17,565 shares of the company’s stock valued at $1,316,000 after purchasing an additional 1,987 shares during the period. Norges Bank bought a new stake in shares of Procore Technologies in the 4th quarter valued at about $86,387,000. Finally, Blair William & Co.
IL lifted its position in shares of Procore Technologies by 43.9% in the 4th quarter. Blair William & Co.
IL now owns 800,784 shares of the company’s stock worth $60,003,000 after purchasing an additional 244,126 shares during the period. 81.10% of the stock is currently owned by hedge funds and other institutional investors.
Procore Technologies Trading Down 8.0 % NYSE:PCOR opened at $57.11 on Monday.
The company has a market capitalization of $8.56 billion, a P/E ratio of -79.32 and a beta of 0.
90. The company has a current ratio of 1.57, a quick ratio of 1.
57 and a debt-to-equity ratio of 0.03. Procore Technologies, Inc.
has a 12 month low of $49.46 and a 12 month high of $88.92.
The firm has a fifty day simple moving average of $74.39 and a 200-day simple moving average of $72.44.
Analyst Ratings Changes Several equities analysts recently issued reports on the stock. Piper Sandler lifted their price objective on shares of Procore Technologies from $90.00 to $110.
00 and gave the company an “overweight” rating in a report on Friday, February 14th. JMP Securities lifted their price target on Procore Technologies from $90.00 to $95.
00 and gave the company a “market outperform” rating in a report on Tuesday, February 18th. Robert W. Baird boosted their price target on Procore Technologies from $87.
00 to $96.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. JPMorgan Chase & Co.
raised their price objective on Procore Technologies from $85.00 to $92.00 and gave the company an “overweight” rating in a research report on Monday, December 9th.
Finally, Barclays boosted their target price on shares of Procore Technologies from $84.00 to $90.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th.
Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $89.65.
View Our Latest Report on PCOR Insider Buying and Selling In other Procore Technologies news, Director Connor Kevin J. O sold 5,128 shares of Procore Technologies stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $67.
41, for a total transaction of $345,678.48. Following the completion of the transaction, the director now owns 1,215,984 shares in the company, valued at approximately $81,969,481.
44. This trade represents a 0.42 % decrease in their position.
The transaction was disclosed in a filing with the SEC, which is accessible through this link . Also, CFO Howard Fu sold 1,447 shares of the business’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $68.
79, for a total value of $99,539.13. Following the completion of the transaction, the chief financial officer now directly owns 144,713 shares of the company’s stock, valued at approximately $9,954,807.
27. This trade represents a 0.99 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold 69,604 shares of company stock valued at $5,427,468 over the last quarter. 29.
00% of the stock is currently owned by company insiders. Procore Technologies Profile ( 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.
Read More Want to see what other hedge funds are holding PCOR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procore Technologies, Inc. ( NYSE:PCOR – Free Report ).
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