First National Bank of Omaha Takes $14.60 Million Position in PTC Inc. $PTC

First National Bank of Omaha purchased a new position in shares of PTC Inc. (NASDAQ:PTC) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 71,932 shares of the technology company’s stock, valued at approximately $14,604,000. PTC makes up about 0.9% of First National Bank of Omaha’s portfolio, making the stock its 21st largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Root Financial Partners LLC acquired a new position in shares of PTC in the third quarter valued at approximately $30,000. SJS Investment Consulting Inc. grew its position in PTC by 2,257.1% in the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock valued at $34,000 after buying an additional 158 shares during the last quarter. Versant Capital Management Inc increased its stake in PTC by 37.6% in the 3rd quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock valued at $39,000 after buying an additional 53 shares during the period. Assetmark Inc. increased its stake in PTC by 339.3% in the 2nd quarter. Assetmark Inc. now owns 268 shares of the technology company’s stock valued at $46,000 after buying an additional 207 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after buying an additional 76 shares during the last quarter. 95.14% of the stock is owned by hedge funds and other institutional investors.

PTC Trading Down 2.4%

Shares of PTC stock opened at $153.07 on Wednesday. The stock has a market cap of $18.22 billion, a P/E ratio of 22.35, a P/E/G ratio of 2.56 and a beta of 1.03. 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 Inc. has a fifty-two week low of $133.38 and a fifty-two week high of $219.69. The business has a fifty day simple moving average of $167.04 and a 200-day simple moving average of $186.93.

PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 EPS 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 analysts’ expectations of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The firm’s revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.10 EPS. 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.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on PTC. Piper Sandler lowered their target price on shares of PTC from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Friday, November 7th. Citigroup cut their target price on PTC from $181.00 to $166.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. KeyCorp set a $210.00 price target on PTC in a report on Thursday, February 5th. Rosenblatt Securities dropped their price objective on PTC from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Finally, Oppenheimer cut their price objective on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research report on Wednesday, January 28th. Eleven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $188.08.

Insider Activity at PTC

In related news, EVP Kristian Talvitie sold 50,291 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the sale, the executive vice president owned 12,386 shares of the company’s stock, valued at $2,144,512.04. This trade represents a 80.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Staats Aaron C. Von sold 6,328 shares of PTC stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $174.79, for a total value of $1,106,071.12. Following the sale, the executive vice president owned 22,461 shares of the company’s stock, valued at approximately $3,925,958.19. This represents a 21.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 61,517 shares of company stock valued at $10,662,740 over the last 90 days. Insiders own 0.29% of the company’s stock.

PTC Company Profile

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.