Rep. Kevin Hern Unloads Shares of PTC Inc. (NASDAQ:PTC)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of PTC Inc. (NASDAQ:PTC). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $50,001 and $100,000 in PTC stock on September 9th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

PTC Price Performance

NASDAQ:PTC opened at $139.69 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $15.16 billion, a P/E ratio of 13.51, a PEG ratio of 1.89 and a beta of 1.00. The company has a fifty day moving average price of $140.66 and a 200 day moving average price of $137.37. PTC Inc. has a one year low of $108.50 and a one year high of $206.82.

PTC (NASDAQ:PTC) last released its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The business had revenue of $600.05 million during the quarter, compared to analysts’ expectations of $611.62 million. During the same quarter last year, the company earned $1.64 earnings per share. The firm’s revenue was down 6.8% on a year-over-year basis. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Analysts anticipate that PTC Inc. will post 6.54 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on PTC. Citigroup lifted their price objective on PTC from $127.00 to $141.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Weiss Ratings restated a “hold (c-)” rating on shares of PTC in a research note on Monday, August 3rd. Barclays lifted their target price on shares of PTC from $150.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Wall Street Zen lowered PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Finally, BMO Capital Markets increased their target price on shares of PTC from $155.00 to $164.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $170.14.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Palladiem LLC acquired a new position in PTC in the fourth quarter valued at approximately $28,000. Cedar Mountain Advisors LLC bought a new stake in shares of PTC during the 1st quarter valued at $36,000. Keating Financial Advisory Services Inc. acquired a new position in shares of PTC in the 2nd quarter valued at $30,000. Integrated Wealth Concepts LLC acquired a new stake in shares of PTC during the second quarter worth $32,000. Finally, Allworth Financial LP acquired a new stake in shares of PTC during the second quarter worth $32,000. 95.14% of the stock is currently owned by institutional investors and hedge funds.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About PTC

PTC Inc is a technology company that develops software for product design, engineering, manufacturing and service organizations. Its solutions help businesses create, manage and analyze product data throughout the product lifecycle, supporting collaboration from initial design through production and ongoing maintenance.

The company’s portfolio includes Creo computer-aided design software, Windchill product lifecycle management software, and Onshape cloud-native product development tools.