PTC Inc. $PTC Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG reduced its holdings in shares of PTC Inc. (NASDAQ:PTC) by 91.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,977 shares of the technology company’s stock after selling 42,989 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in PTC were worth $693,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Skandinaviska Enskilda Banken AB publ increased its position in PTC by 8.0% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 90,828 shares of the technology company’s stock worth $18,444,000 after purchasing an additional 6,724 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in PTC by 13.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 74,128 shares of the technology company’s stock valued at $12,775,000 after purchasing an additional 8,786 shares in the last quarter. Nordea Investment Management AB lifted its holdings in PTC by 25.9% in the 4th quarter. Nordea Investment Management AB now owns 269,396 shares of the technology company’s stock valued at $47,136,000 after purchasing an additional 55,485 shares in the last quarter. Dakota Wealth Management boosted its stake in shares of PTC by 31.2% during the 3rd quarter. Dakota Wealth Management now owns 38,975 shares of the technology company’s stock worth $7,913,000 after purchasing an additional 9,279 shares during the last quarter. Finally, Congress Asset Management Co. grew its holdings in shares of PTC by 11.6% during the fourth quarter. Congress Asset Management Co. now owns 163,512 shares of the technology company’s stock worth $28,485,000 after buying an additional 17,020 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

PTC Trading Up 0.1%

Shares of PTC stock opened at $142.65 on Friday. The firm’s 50-day simple moving average is $154.32 and its 200-day simple moving average is $174.43. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 1.22. PTC Inc. has a 1-year low of $133.38 and a 1-year high of $219.69. The firm has a market cap of $16.98 billion, a P/E ratio of 20.82, a PEG ratio of 2.45 and a beta of 1.06.

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

Insider Buying and Selling at PTC

In related news, EVP Staats Aaron C. Von sold 240 shares of PTC stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total value of $38,664.00. Following the transaction, the executive vice president owned 22,221 shares in the company, valued at approximately $3,579,803.10. This trade represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Corinna Lathan sold 675 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $157.24, for a total value of $106,137.00. Following the sale, the director directly owned 8,429 shares of the company’s stock, valued at approximately $1,325,375.96. This trade represents a 7.41% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on PTC. Royal Bank Of Canada cut their price objective on shares of PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Citigroup decreased their target price on shares of PTC from $181.00 to $166.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Stifel Nicolaus set a $180.00 price target on PTC in a report on Thursday, February 5th. Mizuho reduced their price target on PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, March 23rd. Finally, BMO Capital Markets decreased their price objective on PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Eleven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $182.08.

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.