PTC (NASDAQ:PTC) EVP Staats Aaron Von Sells 240 Shares of Stock

PTC Inc. (NASDAQ:PTC) EVP Staats Aaron Von sold 240 shares of PTC stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total value of $38,664.00. Following the sale, the executive vice president directly owned 22,221 shares of the company’s stock, valued at $3,579,803.10. This represents a 1.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

PTC Price Performance

Shares of NASDAQ PTC opened at $150.79 on Friday. The stock’s 50-day simple moving average is $168.13 and its two-hundred day simple moving average is $188.30. PTC Inc. has a twelve month low of $133.38 and a twelve month high of $219.69. The firm has a market capitalization of $17.94 billion, a P/E ratio of 22.01, a P/E/G ratio of 2.54 and a beta of 1.03. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.31.

PTC (NASDAQ:PTC) last issued its quarterly 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 return on equity of 24.63% and a net margin of 28.86%.The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the company posted $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, equities analysts anticipate that PTC Inc. will post 4.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PTC. Empowered Funds LLC boosted its holdings in PTC by 3.1% during the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after acquiring an additional 75 shares during the period. Geneos Wealth Management Inc. lifted its position 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 purchasing an additional 76 shares during the last quarter. Aberdeen Group plc lifted its position in PTC by 14.8% in the second quarter. Aberdeen Group plc now owns 100,811 shares of the technology company’s stock valued at $17,374,000 after purchasing an additional 13,019 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in shares of PTC by 45.2% during the second quarter. Apollon Wealth Management LLC now owns 2,038 shares of the technology company’s stock valued at $351,000 after purchasing an additional 634 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in shares of PTC by 26.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 13,538 shares of the technology company’s stock worth $2,333,000 after purchasing an additional 2,835 shares during the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on PTC shares. Robert W. Baird set a $255.00 price objective on shares of PTC in a report on Wednesday, October 22nd. Stifel Nicolaus set a $180.00 price target on PTC in a research report on Thursday, February 5th. JPMorgan Chase & Co. cut PTC from a “neutral” rating to an “underweight” rating and cut their price objective for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. KeyCorp set a $210.00 price objective on PTC in a research report on Thursday, February 5th. Finally, Weiss Ratings downgraded PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Eleven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $188.08.

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.