CFO Fu Howard sold 8,000 PCOR shares at $87.00 on 2025-02-19; stock now $82.25, down 6.9% from 52-week high.
Fu Howard, as CFO & Treasurer, sold 8,000 shares (157,992 pre-transaction to 149,992 post-transaction) at $87.00 on 2025-02-19 for $696,000.00. At the time of sale, the stock was trading near its 52-week high of $88.33; it has since declined to $82.25. The timing of this sale relative to the stock's current position is notable: Howard sold near peak levels. His prior trades at PCOR show mixed outcomes—two of three prior sales (on 2024-05-23 and 2024-05-22) were well-timed by the 90-day mark, with the stock declining -15.0% and -16.7% respectively after those sales. However, his most recent PCOR sale on 2024-11-21 was poorly timed, followed by +21.2% appreciation. Against this backdrop, his cross-ticker track record shows a 66.67% well-timed rate on sells (average 90-day return -3.5%), suggesting moderate consistency in avoiding downturns. The company remains unprofitable (net income $-26.4M in the latest quarter) despite strong revenue growth of +31.9% year-over-year, which adds structural context to his decision to reduce holdings.