{
  "id": 18613531,
  "title": "Procore Technologies chief legal officer sells $193,950 in stock",
  "url": "https://urgent.news/2026/11/07/procore-technologies-chief-legal-officer-sells-193-950-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-07T01:30:59.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/procore-technologies-chief-legal-officer-sells-193950-in-stock-93CH-5009509"
  },
  "original_language": "en",
  "account": "Benjamin C. Singer, Chief Legal Officer and Secretary at Procore Technologies, sold 2,586 shares of the company's common stock on November 4, 2026. The sale totaled $193,950, with shares exchanged at $75 each. The stock is currently trading near its 52-week high of $80.41 after a strong return of 22.73% in a single week and a 40.78% gain over six months. Procore Technologies is considered overvalued relative to its Fair Value by InvestingPro, placing it among the most overvalued stocks in the market. The sale was executed according to a Rule 10b5-1 trading plan established by Singer on August 13, 2025. After the transaction, Singer directly holds 84,345 shares of Procore Technologies common stock. Procore Technologies reported strong third-quarter results, with non-GAAP earnings per share at $0.51, surpassing estimates of $0.46, and revenue growth of 17.1% organically, bringing total revenue to $402 million. This performance has led various analysts firms to raise their price targets for the company, with some increasing targets by as much as $15.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}