Howard Fu, CFO, sells Procore (PCOR) shares worth $55,271

Published 22/11/2025, 03:20
Howard Fu, CFO, sells Procore (PCOR) shares worth $55,271

Procore Technologies NASDAQ:PCOR CFO & Treasurer, Howard Fu, sold 797 shares of common stock on November 21, 2025, at a price of $69.35, for a total value of $55,271.

According to a Form 4 filing with the Securities and Exchange Commission, the transaction was executed. Fu also disposed of 7,203 shares of common stock on November 20, 2025 to cover tax obligations. The price was $71.74, for a total value of $516,743. While Procore maintains impressive gross profit margins of nearly 80%, InvestingPro analysis indicates the company is slightly overvalued at current prices, with 15 analysts recently revising earnings expectations downward.

Following the sale, Fu directly owns 179,847 shares of Procore Technologies . Despite not being profitable over the last twelve months, analysts expect Procore to achieve profitability this year. For deeper insights into Procore’s financial health, comprehensive Pro Research Reports are available through InvestingPro, covering what really matters about this and 1,400+ other top stocks.

In other recent news, Procore Technologies has been the subject of several analyst upgrades following its third-quarter financial results. The company reported a 14.5% year-over-year revenue increase, surpassing analyst expectations. Stifel highlighted Procore’s "solid" third-quarter performance, raising its price target to $85 and maintaining a Buy rating. Goldman Sachs also raised its price target to $90, noting Procore’s strong performance despite a challenging construction environment and in-line fourth-quarter revenue guidance. Piper Sandler increased its price target to $91, citing Procore’s progress in margin expansion and a target of 14% EBIT margins by fiscal year 2025. KeyBanc echoed this sentiment, also raising its price target to $91, and noted the company’s impressive cRPO growth of 23.3%. Canaccord Genuity lifted its price target to $90, emphasizing Procore’s durable growth and commitment to margin expansion. These developments reflect a positive outlook from analysts regarding Procore’s financial health and future prospects.

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