Procore Technologies CFO Fu Howard sells $53,236 in stock

Published 06/24/2025, 06:21 PM
Procore Technologies CFO Fu Howard sells $53,236 in stock

Procore Technologies , Inc. (NYSE:PCOR) CFO & Treasurer, Howard Fu, sold 796 shares of common stock on June 20, 2025, at a price of $66.88, for a total transaction value of $53,236.

Following the transaction, Fu directly owns 198,271 shares of Procore Technologies, Inc. The sale was executed under a pre-arranged 10b5-1 trading plan established on November 15, 2024. While currently not profitable, InvestingPro data indicates analysts expect the company to achieve profitability in 2025, with 8 more key insights available for subscribers.

In other recent news, Procore Technologies has reported its first-quarter earnings for 2025, surpassing both revenue and earnings per share (EPS) forecasts. The company posted an EPS of $0.23, exceeding the consensus estimate of $0.18, and achieved revenue of $311 million, which was above the anticipated $302.6 million. Procore’s calculated remaining performance obligations (cRPO) also showed significant growth, reaching $842.6 million, a 20% year-over-year increase. Despite these positive financial results, Stifel analysts have reduced their price target for Procore Technologies from $93 to $75, while maintaining a Buy rating. Citizens JMP, however, reaffirmed its Market Outperform rating with a $95 price target, reflecting confidence in Procore’s market position and future prospects. Analysts from BMO Capital highlighted growth potential for Dayforce, noting an improved bookings environment that could boost growth momentum through fiscal year 2025. Meanwhile, Paylocity (NASDAQ:PCTY)’s management plans to issue guidance for fiscal year 2026, focusing on margin expansion and integration of Airbase.

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