PTC Inc. $PTC Shares Acquired by Forsta AP Fonden

Forsta AP Fonden raised its position in PTC Inc. (NASDAQ:PTC) by 62.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,300 shares of the technology company’s stock after buying an additional 16,600 shares during the period. Forsta AP Fonden’s holdings in PTC were worth $7,543,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new position in PTC in the fourth quarter valued at $27,000. Board of the Pension Protection Fund purchased a new position in PTC in the fourth quarter valued at $35,000. Rakuten Securities Inc. increased its holdings in PTC by 2,725.0% in the fourth quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock valued at $39,000 after buying an additional 218 shares in the last quarter. Quarry LP increased its holdings in PTC by 86.2% in the third quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after buying an additional 94 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in PTC by 34.4% in the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after buying an additional 76 shares in the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Wall Street Zen raised shares of PTC from a “hold” rating to a “buy” rating in a report on Sunday. Weiss Ratings cut shares of PTC from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Barclays lifted their price objective on shares of PTC from $180.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. 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 report on Thursday, February 5th. Finally, BMO Capital Markets dropped their target price on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Ten research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $176.71.

Insider Transactions at PTC

In related news, CAO Alice Christenson sold 816 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total transaction of $118,989.12. Following the transaction, the chief accounting officer directly owned 1,265 shares in the company, valued at approximately $184,462.30. The trade was a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 stock was sold at an average price of $157.24, for a total transaction of $106,137.00. Following the transaction, the director owned 8,429 shares in the company, valued at $1,325,375.96. The trade was a 7.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.29% of the company’s stock.

PTC Stock Up 4.6%

Shares of NASDAQ PTC opened at $145.08 on Tuesday. The company’s 50-day simple moving average is $141.56 and its 200-day simple moving average is $157.56. PTC Inc. has a 52-week low of $130.89 and a 52-week high of $219.69. The firm has a market cap of $16.76 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 2.04 and a beta of 0.97. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.30.

PTC (NASDAQ:PTC) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. The firm had revenue of $774.30 million for the quarter, compared to analyst estimates of $712.40 million. PTC had a net margin of 41.81% and a return on equity of 25.84%. PTC’s quarterly revenue was up 21.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Equities analysts predict that PTC Inc. will post 6.3 EPS for the current fiscal year.

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.