Magnetar Financial LLC Acquires New Shares in PTC Inc. $PTC

Magnetar Financial LLC acquired a new position in PTC Inc. (NASDAQ:PTC) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 26,193 shares of the technology company’s stock, valued at approximately $5,318,000.

Several other hedge funds have also recently bought and sold shares of PTC. Root Financial Partners LLC bought a new position in PTC during the third quarter valued at about $30,000. SJS Investment Consulting Inc. boosted its stake in shares of PTC by 2,257.1% during the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock worth $34,000 after acquiring an additional 158 shares in the last quarter. Versant Capital Management Inc boosted its stake in shares of PTC by 37.6% during the 3rd quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock worth $39,000 after acquiring an additional 53 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after acquiring an additional 76 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of PTC during the 2nd quarter valued at about $53,000. 95.14% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at PTC

In other PTC news, EVP Staats Aaron C. Von sold 240 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total value of $38,664.00. Following the sale, the executive vice president directly owned 22,221 shares in the company, valued at $3,579,803.10. This trade represents a 1.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.29% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Stifel Nicolaus set a $180.00 target price on PTC in a report on Thursday, February 5th. Weiss Ratings downgraded PTC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Rosenblatt Securities lowered their price target on PTC from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Royal Bank Of Canada dropped their price target on shares of PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Finally, KeyCorp set a $210.00 price objective on shares of PTC in a report on Thursday, February 5th. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, PTC has an average rating of “Moderate Buy” and an average price target of $188.08.

PTC Stock Performance

PTC opened at $159.13 on Thursday. PTC Inc. has a 12-month low of $133.38 and a 12-month high of $219.69. The firm has a market capitalization of $18.94 billion, a P/E ratio of 23.23, a price-to-earnings-growth ratio of 2.61 and a beta of 1.03. The stock’s 50 day moving average price is $161.29 and its two-hundred day moving average price is $181.33. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.31.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.33. The company had revenue of $685.83 million during the quarter, compared to analysts’ expectations of $635.44 million. PTC had a return on equity of 24.63% and a net margin of 28.86%.PTC’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, equities analysts forecast that PTC Inc. will post 4.46 earnings per share for the current year.

About PTC

PTC Inc (NASDAQ: PTC) is a global technology company that develops software and services to help manufacturers design, operate, and service physical products. Founded in 1985 as Parametric Technology Corporation, PTC pioneered parametric, feature-based CAD with its Pro/ENGINEER product (now marketed as Creo) and has since expanded its portfolio to address product lifecycle management, Internet of Things (IoT), augmented reality (AR) and industrial connectivity.

Key product lines include Creo for 3D CAD; Windchill for product lifecycle management (PLM); ThingWorx, an IoT platform for connecting devices and building industrial applications; Vuforia, an AR platform for creating immersive service and training experiences; and Kepware, a suite for industrial connectivity and protocol translation.