Courtemanche Craig JR. Acquires PCOR Shares
Courtemanche Craig JR. adds to PCOR holdings, while major funds adjust their positions.
Key Points
- Courtemanche Craig JR. purchased 2 shares of PCOR on June 12, 2026, as part of a planned transaction.
- ICONIQ CAPITAL holds 14.6 million shares of PCOR valued at $833.4 million, with no change in its position.
- Goldman Sachs maintained a buy rating on PCOR with a $70 price target on May 7, 2026.
On June 12, 2026, Courtemanche Craig JR. bought 2 shares of PCOR as part of a planned transaction. This move adds to his existing position in the company, though the financial impact of this small purchase is minimal.
Other Institutional Activity in PCOR
Several major funds have notable positions in PCOR. ICONIQ CAPITAL, LLC holds 14.6 million shares valued at approximately $833.4 million, with no change in its holdings. AllianceBernstein L.P. increased its stake by 2,441,295 shares, bringing its total to 9.75 million shares worth about $709.3 million. Morgan Stanley, on the other hand, reduced its holdings by 739,379 shares, now holding 9.08 million shares valued at $517.6 million. BlackRock, Inc. added 714,345 shares, ending with 7.54 million shares worth $429.8 million. Vanguard Portfolio Management LLC established a new position with 6.80 million shares valued at $387.9 million.
PCOR Stock Snapshot
PCOR shares traded around $42.20 recently. The stock has experienced some fluctuations, with a 52-week range to consider. Investors keep an eye on these movements as they gauge the company's market performance.
Insider Buying and Selling at Procore Technologies, Inc.
Courtemanche Craig JR. was active in June 2026, buying 2 shares on June 12 in a planned transaction. Earlier, on June 10, he sold 56,122 shares at an average price of $45.14 in a planned transaction, and also sold the same number of shares at $2.42 in an unplanned transaction. Additionally, Kathryn Bueker purchased 4,712 shares on June 4 without a pre-arranged plan.
Analysts Set New Price Targets
Analysts are optimistic about PCOR. On May 7, 2026, Goldman Sachs maintained its buy rating with a $70 price target. UBS and Piper Sandler also maintained buy ratings with targets of $68 and $71, respectively, on May 6, 2026. Citizens upgraded the stock to a buy with a $71 target on April 29, 2026. The consensus remains positive, with several firms reiterating or maintaining buy ratings.
Bottom Line
Courtemanche Craig JR.'s recent purchase of PCOR shares is part of a broader pattern of insider activity. While his transaction was small, institutional investors like ICONIQ CAPITAL and AllianceBernstein are making larger moves. Analysts remain bullish, with several firms maintaining or upgrading their buy ratings. As always, it's important to remember that insider and institutional activities are backward-looking and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.
