PTC (NASDAQ:PTC) CAO Sells $118,989.12 in Stock

PTC Inc. (NASDAQ:PTC) CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total value of $118,989.12. Following the completion of the sale, 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 sale was disclosed in a document filed with the SEC, which is available through this link.

PTC Stock Down 0.7%

Shares of PTC opened at $139.85 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.30. PTC Inc. has a 12 month low of $130.89 and a 12 month high of $219.69. The stock’s 50 day moving average is $144.86 and its two-hundred day moving average is $161.45. The firm has a market cap of $16.15 billion, a P/E ratio of 13.34, a PEG ratio of 2.13 and a beta of 0.98.

PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, beating the consensus estimate of $2.06 by $0.63. PTC had a return on equity of 25.84% and a net margin of 41.81%.The company had revenue of $774.30 million for the quarter, compared to analyst estimates of $712.40 million. During the same period last year, the company earned $1.79 earnings per share. PTC’s quarterly revenue was up 21.7% compared to the same quarter last year. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Analysts predict that PTC Inc. will post 6.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on PTC. Mizuho dropped their price objective on PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, March 23rd. Robert W. Baird set a $198.00 price objective on PTC in a report on Thursday, May 7th. KeyCorp dropped their price objective on PTC from $210.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday, March 17th. Oppenheimer lowered their price target on PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 28th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $190.00 price target on shares of PTC in a research note on Tuesday, May 5th. Ten investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $177.23.

Institutional Trading of PTC

Institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in shares of PTC in the third quarter worth approximately $30,000. Elyxium Wealth LLC acquired a new stake in shares of PTC in the fourth quarter worth approximately $27,000. Palladiem LLC acquired a new stake in shares of PTC in the fourth quarter worth approximately $28,000. DV Equities LLC acquired a new stake in shares of PTC in the fourth quarter worth approximately $29,000. Finally, Versant Capital Management Inc boosted its stake in PTC by 37.6% during the third quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock worth $39,000 after buying an additional 53 shares during the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

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.