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Davis Steven Scott

PRESIDENT PRODUCT & TECHNOLOGY

Officer
3 filings analyzed · 1 company · Latest 2025-02-21

Companies

Company Buys Sells Direction
PROCORE TECHNOLOGIES, INC. PCOR 0 7 Net selling

Activity

February 2025
low
Sell
11,377 shares
$951,086
Significance 4/10

Davis Steven Scott (President Product & Technology) sold 11,377 shares of PCOR at avg $83.60 for $951,086.01 on 2025-02-21.

Davis Steven Scott executed 2 separate sales totaling 11,377 shares for $951,086.01, reducing his holdings by 6.8% to 156,793 shares post-transaction. The sales occurred at prices ($83.37 and $84.21) above the current market price of $82.25, and the company shows strong revenue growth of +31.9% year-over-year but remains unprofitable with a net loss of $26,388,000 in the latest quarter. Across Scott's same-ticker history at PCOR (5 prior sales), only 1 of 5 prior sells were well-timed at the 90-day mark, suggesting inconsistent timing acumen specific to this stock. The modest 6.8% reduction in holdings appears operational rather than signaling a dramatic shift in position conviction.

November 2024
high
Sell
17,678 shares
$1,309,401
Significance 6/10

President Product & Technology sells 17,678 shares across 3 transactions for $1,309,400.69; 100% of prior PCOR sells were well-timed (90d declines)

Davis Steven Scott sold 17.7K shares totaling $1,309,400.69 across three separate transactions on 2024-11-21 and 2024-11-22 at a blended average price of $74.07, reducing his holdings by 9.2%. His historical track record at Procore is notable: all 3 prior measurable sales at this ticker generated negative 90-day returns (-8.2%, -16.7%, and -17.7%), representing a 100% well-timed rate at the 90-day mark. The current stock price of $76.68 sits 6.9% below the 52-week high of $82.36, and the company remains unprofitable on a full-year basis despite strong 31.9% annual revenue growth. The pattern of consistently well-timed prior exits at this specific ticker provides context for assessing whether this sale represents a replicable signal or isolated timing luck.

high
Sell
9,671 shares
$628,615
Significance 6/10

PCOR President Product & Technology sells 9,671 shares at $65.00; prior 3 PCOR sales all well-timed with negative 90d returns.

Davis Steven Scott, President Product & Technology at Procore Technologies, sold 9,671 shares at $65.00 on 2024-10-31 for $628,615.00, reducing his holdings by 4.8% to 192,137 shares. This sale is significant in light of his trading pattern at PCOR: his three prior sales at this ticker (2024-05-22, 2024-03-13, 2023-08-23) were all well-timed at the 90-day horizon, with respective 90d returns of -16.7%, -17.7%, and -12.3%, indicating the stock declined after each sale. The current transaction occurred when the stock is trading -19.1% from its 52-week high despite a recent 12.4% rebound over 30 days and 17.4% over 90 days. Procore remains unprofitable on a full-year basis with net income of $-26,388,000.00, though the company grew revenue 31.9% annually and posted $295,885,000.00 in latest-quarter revenue. The consistency of his prior PCOR sales exiting before declines suggests pattern-based execution rather than routine portfolio activity.

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