Y Intercept Hong Kong Ltd Increases Stock Holdings in PTC Inc. $PTC

Y Intercept Hong Kong Ltd lifted its position in shares of PTC Inc. (NASDAQ:PTC) by 233.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,898 shares of the technology company’s stock after buying an additional 22,333 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in PTC were worth $4,545,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Elyxium Wealth LLC purchased a new position in PTC during the 4th quarter valued at about $27,000. Palladiem LLC purchased a new stake in shares of PTC in the fourth quarter valued at about $28,000. DV Equities LLC purchased a new stake in shares of PTC in the fourth quarter valued at about $29,000. Board of the Pension Protection Fund acquired a new stake in shares of PTC in the fourth quarter valued at approximately $35,000. Finally, Rakuten Securities Inc. grew its position in shares of 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 purchasing an additional 218 shares during the last quarter. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on PTC. Barclays lifted their price objective on PTC from $180.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Weiss Ratings downgraded PTC from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Citigroup boosted their price target on PTC from $146.00 to $155.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. BNP Paribas Exane initiated coverage on PTC in a research report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price objective on the stock. Finally, Wall Street Zen lowered PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Ten investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $173.60.

Insiders Place Their Bets

In related news, CAO Alice Christenson sold 816 shares of PTC stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total value of $118,989.12. Following the transaction, the chief accounting officer owned 1,265 shares in the company, valued at approximately $184,462.30. This trade represents a 39.21% 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. Insiders own 0.29% of the company’s stock.

PTC Stock Performance

Shares of PTC stock opened at $124.55 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a market capitalization of $14.39 billion, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 1.82 and a beta of 0.99. PTC Inc. has a one year low of $108.50 and a one year high of $219.69. The company has a 50 day moving average price of $132.67 and a 200 day moving average price of $148.75.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. PTC had a net margin of 41.81% and a return on equity of 25.84%. The company had revenue of $774.30 million for the quarter, compared to analyst estimates of $712.40 million. During the same quarter last year, the business earned $1.79 EPS. PTC’s revenue for the quarter was up 21.7% on a year-over-year basis. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Sell-side analysts anticipate that PTC Inc. will post 6.35 EPS for the current 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.