Insider Sell: Benjamin Singer Sells 1,500 Shares of Procore Technologies Inc (PCOR)

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Dec 27, 2024

On December 23, 2024, Benjamin Singer, Chief Legal Officer and Secretary at Procore Technologies Inc, sold 1,500 shares of the company. Following this transaction, the insider now owns 84,539 shares of Procore Technologies Inc. Procore Technologies Inc (PCOR, Financial) is a provider of cloud-based construction management software. The company offers a platform that connects people, applications, and devices through a unified interface, enabling construction professionals to manage their projects efficiently. 1872432558860562432.png The insider transaction history for Procore Technologies Inc indicates that there have been 0 insider buys and 88 insider sells over the past year. Over the same period, Benjamin Singer has sold a total of 80,640 shares and purchased 0 shares. 1872432620680409088.png As of the date of the recent transaction, shares of Procore Technologies Inc were trading at $76.18, giving the stock a market cap of $11.58 billion. The GF Value of the stock is estimated at $84.23, resulting in a price-to-GF-Value ratio of 0.9. This suggests that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also incorporates a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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