PCOR: $2M Call Sale (Nov 6, 2025)

🚀 PCOR Massive $2M Call Sale - Institutional Profit Lock After 14% Earnings Pop! 💰

📅 November 6, 2025 | 🔥 Unusual Activity Detected

🎯 The Quick Take

Someone just sold $2 MILLION worth of short-term Procore calls at 10:33:48 AM today! This sophisticated trade closed out 5,000 contracts of $80 strike calls expiring November 21st - right after PCOR exploded 14% following stellar Q3 earnings. With the stock at $81.64 and new CEO Ajei Gopal taking the helm in just 4 days, this looks like classic institutional profit-taking: lock in gains from the post-earnings surge while sidestepping CEO transition uncertainty. Translation: Smart money cashing out at the peak!

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📊 Company Overview

Procore Technologies, Inc. (PCOR) is a cloud-based construction management software company revolutionizing the $10 trillion construction industry:
- Market Cap: $10.7 Billion
- Industry: Prepackaged Software (Construction Technology)
- Current Price: $81.64 (up 14% post-earnings)
- Primary Business: Cloud SaaS platform for construction project management, including Design Coordination, BIM, Field Productivity, Project Financials, and Analytics. Revenue comes from fixed-fee subscriptions recognized ratably over contract terms.

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💰 The Option Flow Breakdown

The Tape (November 6, 2025 @ 10:33:48):

Time	Symbol	Side	Buy/Sell	Type	Expiration	Premium	Strike	Volume	OI	Size	Spot	Option Price
10:33:48	PCOR	MID	SELL	CALL	2025-11-21	$2M	$80	5.1K	10K	5,000	$81.64	$4.10

🤓 What This Actually Means

This is a profit-taking trade on short-term calls following PCOR's explosive 14% post-earnings rally! Here's the breakdown:

• 💸 Solid premium collected: $2M ($4.10 per contract × 5,000 contracts)
• 🎯 Slightly ITM position: $80 strike with PCOR trading at $81.64 = $1.64 intrinsic value
• ⏰ Time value: $2.46 remaining with only 15 days to expiration
• 📊 Institutional size: 5,000 contracts represents 500,000 shares worth ~$40.8M
• 🏦 Sophisticated play: This is NOT retail - it's a hedge fund or institutional desk

What's really happening here:
This trader likely sold these $80 calls when PCOR was around $70-75, before the Q3 earnings blowout on November 5th that sent the stock surging 14% in just 12 trading days. Now with the stock at $81.64, they're closing the short calls to lock in profits from the post-earnings move while avoiding assignment risk and CEO transition uncertainty (Ajei Gopal takes over November 10th). Smart money is derisking near-term positions ahead of potential volatility from leadership change.

Unusual Score: 🔥 EXTREME (669x average size) - This is the largest PCOR options trade in the last 30 days! When premium is 669 times the normal trade size, institutions are making major moves. This happens maybe once a year for this ticker.

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📈 Technical Setup / Chart Check-Up

YTD Performance Chart

Procore is showing strong momentum in 2025 with a current price of $81.64. The chart tells a transformation story - after weathering earlier volatility, PCOR has exploded 14% in just 12 trading days following its Q3 2025 earnings beat on November 5th.

Key observations:
- 📈 Explosive post-earnings rally: Stock surged from ~$70 to $81+ (+14%) after crushing Q3 estimates
- 💹 Margin expansion story: 400bps YoY operating margin improvement driving sentiment
- 🚀 Analyst upgrades: Multiple firms raised price targets post-earnings (Piper to $91, BMO to $87, Goldman to $90)
- 📊 Volume spike: Increased institutional activity suggests positioning for next growth phase under new CEO

Gamma-Based Support & Resistance Analysis

Current Price: $81.64

The gamma exposure map reveals critical price magnets around current levels:

🟠 Resistance Levels (Call Gamma Above Price):
- $80 - Massive resistance with 5.17B total gamma exposure (STRONGEST LEVEL!)
- $85 - Secondary ceiling at 3.47B gamma
- $90 - Extended resistance at 1.46B gamma
- $82.50 - Minor resistance zone at 0.99B gamma

🔵 Support Levels (Put Gamma Below Price):
- $75 - Primary support with 1.07B call gamma plus 0.12B put gamma
- $77.50 - Secondary support at 0.26B call gamma plus 0.09B put gamma
- $72.50 - Deeper support with 0.14B put gamma
- $70 - Major floor at 0.10B put gamma

What this means for traders:
PCOR is trading right at the strongest gamma level ($80 strike) with 5.17 billion in call gamma exposure. This creates a powerful resistance zone - market makers holding these short calls will hedge by selling stock as price pushes above $80, creating selling pressure. The stock has already broken through to $81.64, but sustaining moves above $80 requires strong buying. Conversely, if PCOR pulls back, the $75 support level with combined call/put gamma should provide a floor.

Net GEX Bias: Heavily Bullish (massive call gamma dominance at $80-$90 strikes) - Overall positioning is extremely bullish but immediate resistance overhead at $80.

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🎪 Catalysts

🔥 Immediate Catalysts (Next 30 Days)

CEO Transition Completion - November 10, 2025 (4 DAYS AWAY!) 👔

Ajei Gopal assumes CEO role on November 10th, replacing founder Tooey Courtemanche who becomes Executive Chairman. This marks a pivotal moment for Procore:

• 🎯 Proven track record: As CEO of Ansys, Gopal more than tripled revenue and nearly quadrupled market value, culminating in a $35B acquisition by Synopsys
• 🏗️ Strategic timing: Transition occurs just as AI product cycle begins to monetize
• 📊 Vertical software expertise: Gopal's experience scaling vertical software to billions in revenue positions Procore for next growth phase
• ⚠️ Execution risk: Gopal lacks construction industry background, creating learning curve uncertainty
• 💬 First communication: Market eagerly awaits his first strategic priorities and vision statement

What to watch: Initial investor reception, strategic continuity signals, and whether he maintains aggressive margin expansion targets (400bps YoY improvement with 25-40% FCF margin long-term goals).

Groundbreak 2024 AI Product Launches - November 20-21, 2025 🤖

Procore's annual innovation summit overlaps perfectly with the November 21st options expiration. Major announcements expected:

• 🧠 Procore Copilot (GA): AI assistant providing instant document access and summarization
• 📊 Procore Insights (Early 2025 GA): Performance benchmarking and predictive challenge identification
• 🤖 Procore Agents (Open Beta): Agent Builder for workflow automation using natural language (zero coding required)
• 🔍 RFI Creation Agent: Reduces critical information retrieval from days to seconds
• 🔗 Microsoft Teams integration: Enhancing collaboration workflows

Market impact: Customer and analyst reception to AI products will signal monetization potential for 2026. Positive feedback could justify premium valuation; lukewarm response risks disappointment.

$300M Share Repurchase Program - Just Authorized November 3! 💵

Board authorized new buyback program for up to $300M of common stock via opportunistic open market repurchases. This is Procore's first major capital return program.

• ✅ Signals confidence: Management believes stock is undervalued relative to cash generation potential
• 💰 Buyback capacity: At $80 stock price, could repurchase ~3.75M shares (2.5% of shares outstanding)
• 📊 Timing flexibility: Opportunistic execution based on market conditions
• ⚠️ Mixed signal: Some may question why not invest in R&D/M&A if growth runway so attractive

🚀 Near-Term Catalysts (Q4 2025 - Q1 2026)

Q3 2025 Earnings Momentum Follow-Through 📊

Q3 results (reported November 5th) crushed all expectations:

• 💰 Revenue: $339M vs $328.2M consensus (+15% YoY, +3.3% beat)
• 📈 Adjusted EPS: $0.42 vs $0.32 consensus (+75% YoY, +31% beat)
• 🔄 ARR: $1.42B vs $1.31B estimates (+19.7% YoY, +8% beat)
• 💵 Free Cash Flow: $68M (+194% YoY)
• 📊 Non-GAAP Operating Margin: 17% (+380bps sequentially)
• 🎯 Guidance raise: FY 2025 revenue $1,312-$1,314M, operating margin 14% (raised)

Q4 2025 Earnings (Expected Late February 2026) 📅

Critical first report card under new CEO Gopal:

• 📅 Expected date: ~February 13, 2026 (based on historical pattern)
• 💰 Consensus revenue: $340M (midpoint of $339-$341M guidance)
• 🔑 Key metrics to watch:
• Non-GAAP operating margin expansion beyond 14.4% Q4 guide
• $100K+ ARR customer net adds (exceeded 2,600 in Q3, up 15% YoY)
• International growth acceleration (14% YoY in Q3, <2% TAM penetration)
• First AI product monetization indicators
• Large deal pipeline conversion (six/seven-figure transactions +31% YoY in Q3)
• New CEO's initial FY 2026 guidance

AWS Strategic Collaboration Traction 🔗

Multi-year agreement announced August 2024 to co-invest in AI product innovation:

• 🤝 Technical integration: Leveraging Amazon Bedrock LLMs to power Procore AI agents
• 🏪 AWS Marketplace availability: Opening new enterprise sales channels
• 💼 Deal size impact: AWS co-selling typically increases deal sizes by 20-40% based on SaaS industry benchmarks
• 📈 Timeline: Ramp expected over 12-18 months post-listing
• 🎯 Watch for: AWS-sourced deal mentions in upcoming earnings calls

Resource Management Cross-Sell Wave 🏗️

Following $29.8M Intelliwave acquisition (closed May 2024), Resource Management solution now generally available:

• 🎯 Target market: Addresses $110B modular construction market
• 💰 Cross-sell opportunity: 17,623 organic customers (Q3), targeting 15-20% attach rate
• 📊 ARR potential: If 3,000 customers adopt at $15K average = $45M incremental ARR
• 🔄 Integration: Unified platform for labor, equipment, and materials management across $1 trillion in annual construction volume on platform

🤖 AI Monetization Catalysts (2025-2026)

AI Product Suite Monetization Begins (Q1-Q2 2026) 💰

Procore AI platform unveiled at Groundbreak 2024 with three-tiered architecture. Monetization timeline:

• 📅 Procore Insights GA: Early 2025
• 🤖 Procore Agents: Beta to GA conversion Q1-Q2 2026 (typical 3-6 month cycle)
• 💵 Revenue impact estimate: If 10% of 2,600+ $100K+ ARR customers adopt AI premium tier at $20K incremental ARR = $5.2M+ ARR
• 📈 High probability: 70%+ given strong product-market fit signals from early adopters
• ⚠️ Competitive risk: Autodesk, Oracle may match features and commoditize

International Expansion Acceleration 🌍

Massive whitespace opportunity with <2% international TAM penetration:

• 📊 Current growth: 14% YoY in Q3 (15% constant currency)
• 🎯 Geographic focus: Europe remains primary expansion region
• 💰 Revenue potential: International could grow to 25-30% of revenue (currently ~15-18%) by 2027
• 🚀 Catalysts: Regional product launches, localized AI features, strategic partnerships

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🎲 Price Targets & Probabilities

Using gamma levels, Q3 results, CEO transition timing, and AI catalysts, here are the scenarios:

📈 Bull Case (35% probability)

Target: $90-$95

How we get there:
- ✅ Smooth CEO transition with Gopal articulating compelling strategic vision and maintaining margin expansion trajectory toward 25-40% FCF margins
- 🤖 Groundbreak 2024 (Nov 20-21) AI product announcements exceed expectations with strong customer adoption signals
- 💰 Q4 earnings (Feb 2026) beats with margin expansion sustaining above 17%, AI monetization early proof points
- 🎯 Large deal pipeline converting (six/seven-figure transactions +31% YoY continuing)
- 🔗 AWS Marketplace traction with first material deal announcements
- 📊 Multiple analyst upgrades beyond current $82-$105 range as AI story gains credibility
- 🚀 Breaking through $85 gamma resistance on sustained institutional buying

Key drivers: Piper Sandler $91 PT, Goldman Sachs $90 PT, and UBS $105 PT provide upside validation.

🎯 Base Case (50% probability)

Target: $75-$85 range

Most likely scenario:
- ⚖️ CEO transition proceeds smoothly but no major strategic surprises in first 90 days
- 📊 Groundbreak AI announcements meet expectations, beta-to-GA timeline as planned
- ✅ Q4 earnings meets guidance ($339-$341M revenue, 14%+ operating margin) with solid but not spectacular FY26 guidance
- 🏗️ Resource Management cross-sell ramping but takes time (12-18 month adoption cycle)
- 💵 $300M buyback program begins execution, providing modest support
- 🔄 Trading within gamma support ($75) and resistance ($85) bands
- ⏰ Market waits for AI monetization proof points in Q2-Q3 2026 before aggressive re-rating

This is the most probable outcome: Stock consolidates gains from 14% post-earnings rally, digests CEO transition, and sets up for next leg higher once AI revenue becomes visible. 95% gross revenue retention and strong fundamentals support valuation floor.

📉 Bear Case (15% probability)

Target: $65-$75

What could go wrong:
- 😰 CEO transition execution missteps - Gopal's lack of construction expertise becomes apparent, strategic pivots create confusion
- 🤖 AI monetization disappoints - customers resist premium pricing, competitive offerings from Autodesk/Oracle gain traction
- 📊 Q4 earnings misses or FY26 guidance conservative due to macro headwinds (interest rates impacting commercial construction spending)
- 🇨🇳 International growth decelerates below 14% YoY, raising questions about <2% TAM penetration opportunity
- ⚖️ Operating margin expansion stalls as management acknowledged Q3's 17% included "some one-time benefits"
- 💸 Selling pressure from Nov 13's unusual options activity (10x normal volume) signals more institutions taking profits
- 🛡️ Key support: Strong gamma support at $75 should limit downside unless fundamentals deteriorate

Important context: The $2M short call close itself isn't bearish - it's profit-taking after a 14% rally. But it signals institutions are derisking ahead of binary events (CEO transition, AI product reception).

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💡 Trading Ideas

🛡️ Conservative: Wait and Watch Through CEO Transition

Play: Stay on sidelines until after November 10 CEO transition and Groundbreak conference (Nov 20-21)

Why this works:
- ⏰ CEO transition in 4 days creates binary event risk - too much near-term uncertainty
- 🎪 Groundbreak 2024 (Nov 20-21) will reveal AI product reception and customer adoption signals
- 📊 Stock already up 14% post-earnings with limited margin of safety at $81.64
- 🎯 Better entry likely after initial CEO communications and AI conference settle volatility
- 💰 Options expensive with elevated IV following earnings beat and $2M institutional trade

Action plan:
- 👀 Watch Gopal's first CEO communications closely (Nov 10-14) for strategic continuity signals
- 📊 Monitor Groundbreak 2024 social media/press coverage (Nov 20-21) for AI product reception
- 🎯 Look for pullback to $75 gamma support for stock entry (8% off current levels)
- ✅ Wait for clarity on AI monetization timeline and FY 2026 guidance framework
- 📈 Confirm margin expansion trajectory sustainability (Q3's 17% had "one-time benefits")

Risk level: Minimal (cash position) | Skill level: Beginner-friendly

⚖️ Balanced: February Earnings Call Spread

Play: After CEO transition and Groundbreak settle, buy call spread targeting Q4 earnings

Structure: Buy $85 calls, Sell $95 calls (Feb 20, 2026 expiration - week after expected Q4 earnings)

Why this works:
- 🎯 Targets gamma resistance zone at $85-$95 where stock could trade if Q4 beats
- ⏰ 106 days to expiration gives time for CEO transition clarity, Groundbreak feedback, and earnings setup
- 📊 Defined risk spread ($10 wide = $1,000 max risk per spread)
- 💰 Positioned for Q4 earnings surprise (historically strong execution with 8-quarter beat streak at prior job, Ansys)
- 🤖 Captures upside if AI monetization signals emerge without unlimited risk
- 💵 $300M buyback program provides technical support

Estimated P&L:
- 💰 Debit spread cost: ~$4-5 per spread (adjust based on current pricing)
- 📈 Max profit: $500-600 if PCOR at/above $95 at February expiration
- 📉 Max loss: $400-500 if PCOR below $85 (defined and limited)
- 🎯 Breakeven: ~$89-90

Entry timing: Wait until after November 21 (short call expiration) for IV to normalize

Risk level: Moderate (defined risk) | Skill level: Intermediate

🚀 Aggressive: Groundbreak + CEO Transition Strangle (HIGH RISK - ADVANCED ONLY!)

Play: Sell strangle around expected trading range for CEO/conference binary events

Structure: Sell $75 puts + Sell $90 calls (Dec 19, 2025 expiration)

Why this could work:
- 💸 Collect premium from elevated IV around CEO transition (Nov 10) and Groundbreak (Nov 20-21)
- 🎯 Strikes outside gamma support ($75) and extended resistance ($90) zones
- 📊 Betting on "consolidation after rally" - stock digests 14% post-earnings gain
- ⚡ If PCOR stays range-bound (50% base case), keep full premium
- 🔄 Gamma support at $75 and resistance at $80-$85 align with short strike selection

Why this could blow up (SERIOUS RISKS):
- 💥 UNLIMITED RISK if CEO transition goes poorly (strategic pivot, departures) or incredibly well (blockbuster AI announcements)
- 😱 Stock just rallied 14% in 12 days - momentum could continue if Goldman's $90 PT becomes consensus
- 🚀 Groundbreak AI announcements could trigger FOMO buying through $90
- 📉 Alternatively, CEO misstep or disappointing AI reception could gap stock down to $70 or below
- ⚠️ Unusual options volume on Nov 13 (21,240 vs 2,115 avg) suggests hedging activity - potential volatility signal
- 💰 Margin requirements: Broker will require substantial capital/margin for undefined risk

Estimated P&L:
- 💰 Collect ~$6-8 per strangle ($600-800 credit per full strangle)
- 📈 Max profit: Keep all premium if $75 < PCOR < $90 at Dec 19 expiration
- 📉 Max loss: UNLIMITED - could easily be $3,000-$5,000+ per strangle on 10% move either direction
- ⚠️ Loss accelerates beyond strikes: Every $1 move past $75 or $90 = $100 loss per contract

Risk level: EXTREME (unlimited risk both sides) | Skill level: Advanced only

⚠️ WARNING: DO NOT attempt this trade unless you:
- Have experience managing short options through binary corporate events
- Can handle assignment of 100 shares per contract ($7,500-$9,000 per side)
- Have sufficient margin (broker may require $8,000-$10,000+ per strangle)
- Can actively monitor during CEO transition announcements and Groundbreak conference
- Understand this is betting IV is overpriced relative to actual event volatility

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⚠️ Risk Factors

Don't get caught by these potential landmines:

• 👔 CEO transition execution risk in 4 days: Ajei Gopal assumes CEO role November 10th without construction domain expertise. While his vertical software scaling track record at Ansys is impressive (3x revenue, 4x market cap), learning curve on construction-specific workflows could create early missteps. Strategic pivots, organizational restructuring, or culture clashes could disrupt momentum. First 90 days critical.

• 🤖 AI monetization uncertainty: Procore AI products largely in beta or early GA stage. Customer willingness to pay premium pricing unproven. Competitive AI offerings from Autodesk and Oracle could commoditize features. If AI adoption lags, margin expansion toward 25-40% FCF targets could stall. Critical proof point in Q2-Q4 2026 earnings.

• 📊 Margin sustainability questions: Management acknowledged Q3's 17% non-GAAP operating margin included "some one-time benefits". Sustaining 400bps annual margin expansion requires disciplined cost control during growth investments. Sales & marketing efficiency must improve as enterprise cycles lengthen.

• 💸 Smart money exiting at peak: This $2M call close following 14% rally suggests institutional profit-taking. When sophisticated players cash out after explosive earnings rather than riding momentum, it signals caution about near-term upside. Combined with Nov 13's 10x normal options volume, suggests derisking ahead of binary events.

• 🏢 Competitive threats intensifying: Autodesk Construction Cloud combining BIM with project management creates bundling power. Oracle can subsidize construction software via ERP cross-sell. Large GCs building proprietary software reduces addressable market. Procore must maintain innovation velocity to defend 7-9% market share.

• 🌍 International underpenetration double-edged sword: While <2% international TAM penetration offers massive opportunity, it also signals execution challenges. 14% YoY growth in Q3 slower than domestic. Localization costs, regulatory complexity, and entrenched competitors present barriers. Acceleration not guaranteed.

• 💰 Macro construction spending sensitivity: Construction highly cyclical and interest rate sensitive. Fed rate policy uncertainty affects commercial real estate development. While 2025 outlook positive (+8.5% construction spending growth), economic slowdown could pressure customer budgets and elongate sales cycles.

• 🔒 Acquisition integration risk: $29.8M Intelliwave acquisition requires successful product integration and cross-sell execution. Resource Management attach rates uncertain. Could cannibalize existing offerings or distract engineering resources from core platform development. Watch upcoming earnings for adoption metrics.

• 📈 Gamma ceiling creating natural cap: Massive 5.17B call gamma at $80 strike means market makers will sell into rallies to hedge, creating resistance. Breaking through $85 resistance (3.47B gamma) requires sustained institutional buying. Without major positive catalyst, stock could trade range-bound $75-$85 through year-end.

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🎯 The Bottom Line

Real talk: Someone just locked in profits on a $2M call position right after Procore's monster 14% post-earnings rally, just days before a new CEO takes the helm. This isn't bearish - it's smart risk management. They're taking chips off the table after an explosive move rather than gambling on CEO transition and AI product reception.

What this trade tells us:
- 🎯 Sophisticated player expects PCOR to consolidate between $75-$85 through November (base case scenario)
- 💰 They're satisfied with gains captured from post-earnings surge (likely sold calls when stock was $70-75)
- ⚖️ Risk/reward no longer favorable with three near-term binary events: CEO transition (Nov 10), Groundbreak AI conference (Nov 20-21), and Nov 21 expiration
- 📊 Similar to selling real estate after rapid appreciation - lock in profits while buyers are euphoric

If you own PCOR:
- ✅ Consider trimming 25-30% at these levels (up 14% in 12 days, $10.7B market cap)
- 📊 Strong gamma support at $75 provides cushion for remaining position
- ⏰ Hold through CEO transition (Nov 10) and Groundbreak (Nov 20-21) only if you can stomach 10% volatility either way
- 🎯 If Gopal's first communications are well-received and AI products get positive feedback, $90+ becomes realistic target (Goldman PT $90, Piper $91)
- 🛡️ Set mental stop at $75 (gamma support floor) to protect gains

If you're watching from sidelines:
- ⏰ November 10 is first critical date - watch Gopal's initial CEO communications
- 🎪 November 20-21 Groundbreak conference for AI product market reception
- 🎯 Post-binary-events pullback to $75-77 would be attractive entry point (6-8% off current levels)
- 📈 Looking for confirmation of margin expansion sustainability, AI monetization path, and Resource Management cross-sell traction
- 🚀 Longer-term (6-12 months), AI product cycle maturation and international expansion from <2% TAM penetration are legitimate growth drivers
- ⚠️ Stock needs multiple positive catalysts to break through $85 gamma resistance - patience required

If you're bearish:
- 🎯 Wait for CEO transition and Groundbreak to play out before initiating short positions
- 📊 First meaningful support at $75 (gamma wall), deeper support at $72.50-$70
- ⚠️ Watch for margin expansion deceleration or AI monetization delays as potential catalysts
- 📉 Put spreads ($85/$75 or $80/$70) offer defined risk way to play consolidation/downside post-events
- ⏰ Don't fight the tape - 95% gross revenue retention and strong fundamentals make this a quality name even if valuation stretched

Mark your calendar - Key dates:
- 📅 November 10 (Sunday) - Ajei Gopal officially becomes CEO, first communications expected early following week
- 📅 November 20-21 (Wed-Thu) - Groundbreak 2024 conference with AI product announcements and customer/analyst feedback
- 📅 November 21 (Friday) - Options expiration for this $2M trade, near-term positioning reset
- 📅 December 19 - Quarterly options expiration, significant positioning expiration
- 📅 Early February 2026 - $300M buyback program execution expected to begin
- 📅 ~February 13, 2026 - Q4 2025 earnings, new CEO's first report card, FY 2026 guidance reveal

Final verdict: This is a textbook "derisking into uncertainty" signal from institutional money. At $81.64 after a 14% rally with CEO transition and AI product launch imminent, smart money is taking profits. That doesn't mean PCOR collapses - it means risk/reward favors patience. The fundamentals are strong (400bps margin expansion, 95% gross retention, +31% large deal growth), but near-term execution risk around CEO transition and AI monetization justify caution. Wait for binary events to resolve, then reassess at better entry points with clearer visibility.

Disclaimer: Options trading involves substantial risk of loss and is not suitable for all investors. This analysis is for educational purposes only and not financial advice. Past performance doesn't guarantee future results. The 669x unusual score reflects this specific trade's size relative to recent history for PCOR - it does not imply the trade will be profitable or that you should follow it. CEO transitions and product launches create binary event risk with potential for significant volatility either direction. Always do your own research and consider consulting a licensed financial advisor before trading.

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About Procore Technologies, Inc.: Procore is a cloud-based construction management software company with a $10.7 billion market cap, revolutionizing the $10 trillion construction industry through its SaaS platform for project management, offering subscriptions for Design Coordination, BIM, Field Productivity, Project Financials, and Analytics in the Prepackaged Software industry.