Vanguard Group Inc. Cuts Position in PTC Inc. $PTC

Vanguard Group Inc. trimmed its stake in PTC Inc. (NASDAQ:PTC) by 0.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,718,806 shares of the technology company’s stock after selling 30,165 shares during the period. Vanguard Group Inc. owned 0.12% of PTC worth $2,988,212,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in PTC. Campbell Newman Asset Management Inc. raised its holdings in PTC by 0.4% in the third quarter. Campbell Newman Asset Management Inc. now owns 12,147 shares of the technology company’s stock worth $2,466,000 after purchasing an additional 49 shares in the last quarter. Diversified Trust Co raised its stake in shares of PTC by 2.5% during the 3rd quarter. Diversified Trust Co now owns 2,209 shares of the technology company’s stock worth $448,000 after acquiring an additional 53 shares in the last quarter. Versant Capital Management Inc raised its stake in shares of PTC by 37.6% during the 3rd quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock worth $39,000 after acquiring an additional 53 shares in the last quarter. Archford Capital Strategies LLC lifted its position in PTC by 1.4% during the third quarter. Archford Capital Strategies LLC now owns 4,695 shares of the technology company’s stock valued at $953,000 after acquiring an additional 63 shares during the last quarter. Finally, Aviso Financial Inc. boosted its stake in PTC by 4.1% in the second quarter. Aviso Financial Inc. now owns 1,691 shares of the technology company’s stock valued at $291,000 after acquiring an additional 66 shares in the last quarter. Institutional investors own 95.14% of the company’s stock.

PTC Stock Performance

Shares of NASDAQ PTC opened at $155.50 on Thursday. The company has a 50 day simple moving average of $166.63 and a two-hundred day simple moving average of $186.71. The stock has a market cap of $18.50 billion, a price-to-earnings ratio of 22.70, a PEG ratio of 2.50 and a beta of 1.03. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. PTC Inc. has a 12 month low of $133.38 and a 12 month high of $219.69.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.33. The firm had revenue of $685.83 million during the quarter, compared to analysts’ expectations of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The firm’s revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, analysts predict that PTC Inc. will post 4.46 earnings per share for the current year.

Insider Transactions at PTC

In related news, EVP Staats Aaron C. Von sold 6,328 shares of PTC stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $174.79, for a total transaction of $1,106,071.12. Following the completion of the transaction, the executive vice president directly owned 22,461 shares in the company, valued at approximately $3,925,958.19. This trade represents a 21.98% 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 this hyperlink. Also, EVP Kristian Talvitie sold 50,291 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total value of $8,707,383.74. Following the completion of the transaction, the executive vice president directly owned 12,386 shares of the company’s stock, valued at $2,144,512.04. The trade was a 80.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 61,517 shares of company stock valued at $10,662,740 in the last quarter. Company insiders own 0.29% of the company’s stock.

Analyst Upgrades and Downgrades

PTC has been the topic of a number of recent analyst reports. Robert W. Baird set a $255.00 price target on PTC in a research report on Wednesday, October 22nd. Oppenheimer reduced their target price on PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 28th. Citigroup decreased their price target on PTC from $181.00 to $166.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. JPMorgan Chase & Co. lowered PTC from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $205.00 to $162.00 in a research note on Monday, February 2nd. Finally, Stifel Nicolaus set a $180.00 price objective on shares of PTC in a report on Thursday, February 5th. Eleven equities 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 stock has a consensus rating of “Moderate Buy” and an average target price of $188.08.

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.