Barclays PLC Sells 158,307 Shares of PTC Inc. $PTC

Barclays PLC lowered its stake in shares of PTC Inc. (NASDAQ:PTC) by 15.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 836,681 shares of the technology company’s stock after selling 158,307 shares during the period. Barclays PLC’s holdings in PTC were worth $145,758,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Trust Point Inc. raised its position in PTC by 3.2% in the fourth quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock worth $355,000 after purchasing an additional 63 shares in the last quarter. Strategic Advisors LLC grew its position in PTC by 0.9% during the 4th quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock worth $1,298,000 after acquiring an additional 65 shares during the last quarter. Allworth Financial LP increased its holdings in shares of PTC by 23.2% in the fourth quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock valued at $68,000 after purchasing an additional 74 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of PTC by 12.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock valued at $115,000 after purchasing an additional 75 shares in the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of PTC by 3.1% in the first quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after purchasing an additional 75 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

Insider Activity

In other news, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total value of $118,989.12. Following the sale, the chief accounting officer directly owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This represents a 39.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on PTC shares. Wall Street Zen raised shares of PTC from a “hold” rating to a “buy” rating in a research note on Sunday, May 31st. Rosenblatt Securities reissued a “buy” rating and set a $190.00 price target on shares of PTC in a research report on Tuesday, May 5th. Berenberg Bank set a $170.00 price target on shares of PTC in a research report on Wednesday, May 27th. Weiss Ratings cut shares of PTC from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Finally, Robert W. Baird set a $198.00 price target on shares of PTC in a research report on Thursday, May 7th. Ten 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 data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $176.71.

PTC Trading Up 1.0%

Shares of NASDAQ:PTC opened at $114.85 on Tuesday. The company’s 50-day moving average price is $139.13 and its two-hundred day moving average price is $154.57. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23. PTC Inc. has a one year low of $108.50 and a one year high of $219.69. The stock has a market capitalization of $13.27 billion, a PE ratio of 10.96, a price-to-earnings-growth ratio of 1.67 and a beta of 0.97.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. The company had revenue of $774.30 million for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.79 EPS. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, equities analysts forecast that PTC Inc. will post 6.32 EPS for the current fiscal year.

PTC 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.