PTC (NASDAQ:PTC) EVP Sells $38,664.00 in Stock

PTC Inc. (NASDAQ:PTC) EVP Staats Aaron Von sold 240 shares of PTC stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the sale, the executive vice president owned 22,221 shares of the company’s stock, valued at $3,579,803.10. This trade represents a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

PTC Stock Performance

Shares of NASDAQ PTC traded down $4.81 during midday trading on Thursday, reaching $150.79. The company had a trading volume of 1,897,154 shares, compared to its average volume of 1,151,809. The business’s 50-day simple moving average is $168.68 and its 200 day simple moving average is $188.56. The stock has a market cap of $17.94 billion, a P/E ratio of 22.01, a P/E/G ratio of 2.66 and a beta of 1.03. PTC Inc. has a 1 year low of $133.38 and a 1 year high of $219.69. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31.

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

Hedge Funds Weigh In On PTC

A number of large investors have recently added to or reduced their stakes in PTC. Campbell Newman Asset Management Inc. increased its stake in shares of PTC by 0.4% during the third quarter. Campbell Newman Asset Management Inc. now owns 12,147 shares of the technology company’s stock worth $2,466,000 after purchasing an additional 49 shares in the last quarter. Diversified Trust Co raised its holdings in shares of PTC by 2.5% during the third quarter. Diversified Trust Co now owns 2,209 shares of the technology company’s stock valued at $448,000 after acquiring an additional 53 shares during the last quarter. Versant Capital Management Inc lifted its position in shares of PTC by 37.6% in the third quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock valued at $39,000 after acquiring an additional 53 shares in the last quarter. Archford Capital Strategies LLC boosted its stake in shares of PTC by 1.4% in the third quarter. Archford Capital Strategies LLC now owns 4,695 shares of the technology company’s stock worth $953,000 after acquiring an additional 63 shares during the last quarter. Finally, Trust Point Inc. raised its stake in PTC by 3.2% in the 4th quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock valued at $355,000 after purchasing an additional 63 shares during the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PTC has been the subject of several recent research reports. Piper Sandler reduced their target price on shares of PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Citigroup reduced their price objective on PTC from $181.00 to $166.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Oppenheimer lowered their target price on PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 28th. BMO Capital Markets dropped their target price on PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Finally, Robert W. Baird set a $255.00 price target on PTC in a report on Wednesday, October 22nd. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $188.08.

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.