Originally published on Best Stocks Category: best stocks to buy nowOn Monday, October 3, Procore Technologies, Inc. (NASDAQ: PCOR) CEO Craig F. Jr. Courtemanche sold 24,200 shares of the corporation’s stock. The shares were sold for an average price of $49.50 per share, for a total price of $1,197,900.00. As a consequence of the transaction, the CEO now owns 3,683,087 shares, with a market value of $182,312,806.50. On the Securities and Exchange Commission (SEC) website, you can find a copy of the document that showed the deal. Deposit $100 and get a $110 to trade stocks>>>>>>>>>>Open Account The business has recently been the focus of comments from numerous equity research analysts. Mizuho increased their price objective on Procore Technologies from $57.00 to $80.00 and gave the company a “buy” rating in a research report released on Thursday, August 4. In a report published on Tuesday, July 12, Barclays lowered their “overweight” rating on shares of Procore Technologies and decreased their price target from $70.00 to $65.00. In a research note, JMP Securities started keeping an eye on Procore Technologies’ stock on Tuesday, September 6. They gave the business an “outperform” rating and a $70.00 price objective. Finally, in a research note published on September 22, Moffett Nathanson started to cover Procore Technologies’ stock. They recommended “buy” for the company, with a $73.00 price target.Last but not least, Wolfe Research started covering Procore Technologies shares in a research note on Tuesday, August 16. The stock received a “peer perform” rating from them. While the other ten financial analysts recommended buying the company, only two urged holding the company. According to Bloomberg, the business has an average rating of “Moderate Buy,” with an average price target of $77.22.On Wednesday, the cost of NASDAQ: PCOR rose $0.73 to $56.08. The company’s daily average volume is 918,535, yet it only traded 891,494 shares. The highest price ever paid for Procore Technologies, Inc. is $105.29. The annual low is $40. The company’s quick, current, and debt-to-equity ratios are all 1.71, 1.71, and 0.04, respectively. The stock’s fifty-day moving average is $55.87, and its 200-day moving average is $51.96.Institutional and hedge funds have raised or lessened their ownership positions in the business. In the first quarter, American Century Companies Inc. spent around $93,191,000 on new Procore Technologies stock. JPMorgan Chase & Co. grew its stake in Procore Technologies by 1,463.4% during the second quarter. JPMorgan Chase & Co. now owns 1,551,595 shares of the business, valued at $71,427,000, after purchasing another 1,452,353 shares over the past three months. ICONIQ Capital LLC boosted its stake in Procore Technologies by 2.7% during the first quarter. ICONIQ Capital LLC now owns 1,186,014, or 20.597 million more shares of the company’s stock, compared to three months ago. 12 West Capital Management LP boosted its stake in Procore Technologies by 51.8% during the first quarter. 12 West Capital Management LP increased its holdings in the company by 1,095,000 shares during the most recent quarter, bringing its total to 3,208,211 shares, valued at $185,948,000.Last, Price T. Rowe Associates Inc., MD, raised its interest in Procore Technologies by 17.9% during the second quarter. In comparison to three months ago, Price Trowe Associates Inc. MD now owns 892,716 more company shares, worth $266,522,000. At present, institutions and hedge funds hold 81.52% of the stock. Procore Technologies, Inc. provides a cloud-based construction management platform and related software solutions in the US and other nations. The company’s platform allows owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. When a construction project is being planned, budgeted, estimated, bid on, and partner-selected, preconstruction is a service that enables internal and external parties to collaborate and communicate. Project management is a tool that makes it easier for teams to cooperate, save information, design, check for BIM model conflicts, and adhere to project site and office rules.