<div id="readability-page-1"><p><span>Procore Technologies (NYSE:PCOR - Get Free Report)</span> was upgraded by stock analysts at BTIG Research to a &#34;strong-buy&#34; rating in a research note issued to investors on Tuesday,Zacks.com reports.</p><div><p><span></span><span>Get <strong>Procore Technologies</strong> alerts:</span></p></div><ul><li>Reversal in play for Procore Technologies</li></ul><p>Several other equities analysts also recently issued reports on the stock. KeyCorp lifted their price target on shares of Procore Technologies from $81.00 to $91.00 and gave the company an &#34;overweight&#34; rating in a report on Thursday, November 6th. DA Davidson upgraded shares of Procore Technologies to a &#34;hold&#34; rating in a research report on Friday, November 7th. Weiss Ratings  reissued a &#34;sell (d-)&#34; rating on shares of Procore Technologies in a report on Wednesday, October 8th. Canaccord Genuity Group raised their price target on Procore Technologies from $85.00 to $90.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, November 6th. Finally, Wall Street Zen raised shares of Procore Technologies from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Saturday, November 8th. One analyst  has rated the stock with a Strong Buy rating, thirteen have issued  a Buy rating, six have assigned  a Hold rating and one  has assigned  a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $84.67.</p><p><b>Check Out Our Latest Research Report on Procore Technologies</b></p><h2>Procore Technologies Stock Up 1.6%</h2><p>Procore Technologies stock opened at $73.43 on Tuesday. The firm has a market cap of $11.42 billion, a PE ratio of -87.41 and a beta of 0.90. The firm's 50 day moving average price is $74.14 and its two-hundred day moving average price is $71.03. Procore Technologies has a twelve month low of $53.71 and a twelve month high of $88.92. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.33 and a current ratio of 1.33. </p><p>Procore Technologies (NYSE:PCOR - Get Free Report) last announced its quarterly earnings results on Wednesday, September 20th. The company reported ($0.19) earnings per share for the quarter. Procore Technologies had a negative return on equity of 6.18% and a negative net margin of 9.84%.The company had revenue of $172.21 million during the quarter.  On average, research analysts predict that  Procore Technologies will post -0.15 EPS for the current fiscal year. </p><h2>Insider Buying and Selling</h2><p>In other news, Director Connor Kevin J. O sold 9,615 shares of the firm's stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $75.13, for a total transaction of $722,374.95. Following the transaction, the director directly owned 1,052,519 shares of the company's stock, valued at approximately $79,075,752.47. This trade represents a 0.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Also, Director William J.G. Griffith sold 207,474 shares of the company's stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $72.30, for a total transaction of $15,000,370.20. Following the sale, the director directly owned 3,244,546 shares of the company's stock, valued at approximately $234,580,675.80. This trade represents a 6.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 691,739 shares of company stock valued at $50,389,537 in the last 90 days. 21.50% of the stock is currently owned by corporate insiders. </p><h2>Hedge Funds Weigh In On Procore Technologies</h2><p>Hedge funds have recently bought and sold shares of the company. US Bancorp DE lifted its position in  Procore Technologies by 5.5% during the second quarter. US Bancorp DE now owns 21,638 shares of the company's stock valued at $1,480,000 after purchasing an additional 1,131 shares in the last quarter.  Federated Hermes Inc. lifted its position in shares of  Procore Technologies by 17.0% during the 2nd quarter. Federated Hermes Inc. now owns 304,219 shares of the company's stock valued at $20,815,000 after buying an additional 44,105 shares in the last quarter.  Fred Alger Management LLC grew its stake in shares of  Procore Technologies by 15.4% during the 1st quarter. Fred Alger Management LLC now owns 38,349 shares of the company's stock valued at $2,532,000 after acquiring an additional 5,129 shares during the period.  Intellectus Partners LLC increased its holdings in  Procore Technologies by 135.3% in the 2nd quarter. Intellectus Partners LLC now owns 12,305 shares of the company's stock worth $842,000 after acquiring an additional 7,075 shares in the last quarter.  Finally, JPMorgan Chase &amp; Co. raised its stake in  Procore Technologies by 0.7% during the 2nd quarter. JPMorgan Chase &amp; Co. now owns 3,282,582 shares of the company's stock worth $224,594,000 after acquiring an additional 23,038 shares during the period. Institutional investors own  81.10% of the company's stock. </p><h2>Procore Technologies Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Procore Technologies</li><li>Investing in the High PE Growth Stocks </li><li>Rate Cuts Make These 3 Income ETFs More Attractive Than Ever</li><li>How to find penny stocks to invest and trade </li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li><li>The 3 Best Blue-Chip Stocks to Buy Now</li><li>Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBDT1I?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBDT1I"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Procore Technologies Right Now?</h2><p>Before you consider Procore Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Procore Technologies wasn't on the list.</p><p>While Procore Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PCOR

<p>BTIG Research upgraded Procore Technologies (NYSE:PCOR) to a "strong-buy" rating. Other analysts also issued positive ratings, with KeyCorp, DA Davidson, Canaccord Genuity Group, and Wall Street Zen upgrading their ratings. The stock has a consensus rating of "Moderate Buy" and an average price target of $84.67. Procore Technologies' stock rose 1.6% to $73.43. The company reported a quarterly revenue of $172.21 million and a negative EPS of ($0.19). Insiders sold 691,739 shares valued at $50,389,537 in the last 90 days. Hedge funds have also increased their positions in the company.</p>

Procore Technologies (NYSE:PCOR) Upgraded by BTIG Research to Strong-Buy Rating