Kevin J. O’Connor, a director at Procore Technologies, Inc. (NASDAQ: PCOR), has executed a series of stock sales totaling $490,143, according to a Form 4 filing submitted to the Securities and Exchange Commission on June 17, 2026. The transactions were conducted over a two-day period in mid-June, with shares changing hands at prices ranging between $41.70 and $43.255 per share.
The initial tranche of sales occurred on June 15, 2026. On that date, Mr. O’Connor disposed of 5,658 shares at a weighted average price of $42.91 per share, with individual transaction prices ranging from $42.23 to $43.16. Later that same day, an additional 117 shares were sold at a price of $43.255 per share. The following day, June 16, 2026, Mr. O’Connor sold 5,769 shares at a weighted average price of $42.00 per share, with prices ranging from $41.70 to $42.235.
All these sales were executed pursuant to a 10b5-1 trading plan that was established on March 13, 2026. The shares sold were held indirectly by the Kevin J. O’Connor Revocable Trust U/A DTD 06-13-19. Following these transactions, Mr. O’Connor’s indirect holdings in Procore Technologies common stock amount to 973,670 shares. Additionally, he directly holds 21,344 shares of common stock.
The timing of these insider transactions coincides with a period of significant price depreciation for PCOR. The stock has declined since these transactions, currently trading at $40.10, which is near its 52-week low of $40.04. According to InvestingPro analysis, PCOR appears undervalued at current levels, with shares down 46% over the past six months. The platform offers a comprehensive Pro Research Report for PCOR, along with 11 additional ProTips for investors seeking deeper insights into the company’s $6.31 billion market valuation.
Procore Technologies Inc. recently reported its first-quarter 2026 earnings, showing a mixed performance. The company’s revenue reached $359.28 million, surpassing expectations of $352.82 million. However, the earnings per share (EPS) fell short, posting $0.34 against a forecast of $0.36. These results led to a significant drop in the stock’s pre-market trading. Stifel maintained its Buy rating on Procore Technologies with a price target of $63.00 after a jobsite tour with a customer. Meanwhile, D.A. Davidson reiterated a Neutral rating with a $55.00 price target, noting a 12% decline in share value after the quarterly results. The company’s revenue beat was approximately 2%, which is below its eight-quarter average of about 3%. These developments provide investors with insight into Procore’s current financial standing and market perceptions.
Procore Technologies IncFollowAnalyze PCORIncluded in our AI-picked strategies·Review strategies40.10▼-1.71(-4.09%)Closed41.60▲+1.50(+3.74%)After Hours·19:53:011D1W1M6M1Y5YMaxCreated with Highcharts 11.4.814:0015:0016:0017:0018:0019:0039404142Analyze PCORThis article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Spot the trade on PCOR before it happensMost traders know the market. The hard part is the moment — which stock, right now, at what price.