PCOR Chief Revenue Officer sold 10,000 shares at $75.30; prior same-ticker sale 90d performance -18.4%
Stack Lawrence Joseph, Chief Revenue Officer, sold 10,000 shares (194.1K pre-transaction) of Procore at $75.30 on 2025-12-02, consistent with his prior open-market trade history. His cross-ticker track record shows 1 prior sell with an average 90-day return of -18.4%, and his lone prior PCOR sale on 2025-02-21 delivered a 90-day return of -18.4%—placing that trade in a 100% well-timed bracket. The current stock price of $76.79 is 13.1% below the 52-week high of $88.33, and Procore remains unprofitable with a full-year net income of $-9.1M despite quarterly revenue of $338.9M and annual growth of +21.2%. The transaction timing relative to recent stock momentum (up 8.6% in 30 days, up 9.5% in 90 days) and the CRO's historical execution pattern warrant attention to detect early signals of senior management's perspective on valuation or growth sustainability.
Procore CRO Stack Lawrence Joseph sells 12,000 shares ($995.0K) at $82.92; retains 161,368 shares post-sale.
Stack Lawrence Joseph, Chief Revenue Officer of Procore Technologies, sold 12,000 shares (161.4K shares remaining) at $82.92 per share on 2025-02-21, representing a 6.9% reduction from his pre-transaction holdings of 173.4K shares. The company is experiencing strong annual revenue growth of +31.9% and a market cap of $12.2B, but remains unprofitable with a net loss of $26.4M in the latest quarter and negative full-year net income. The stock has appreciated 4.1% over the prior 30 days and 7.3% over 90 days, and the sale occurred at $82.92 against a current price of $82.25 (down 6.9% from the 52-week high of $88.33). This sale by a senior revenue officer of a high-growth but currently unprofitable company merits monitoring given the tension between strong growth and lack of profitability, though the magnitude is moderate relative to his overall holdings.
