ExodusPoint Capital Management LP Grows Stake in PTC Inc. $PTC

ExodusPoint Capital Management LP increased its holdings in shares of PTC Inc. (NASDAQ:PTC) by 834.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 98,415 shares of the technology company’s stock after acquiring an additional 87,888 shares during the period. ExodusPoint Capital Management LP’s holdings in PTC were worth $17,145,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Trust Point Inc. grew its holdings in PTC by 3.2% during the 4th quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock valued at $355,000 after buying an additional 63 shares in the last quarter. Strategic Advisors LLC grew its holdings in PTC by 0.9% during the 4th quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock valued at $1,298,000 after buying an additional 65 shares in the last quarter. Allworth Financial LP grew its holdings in PTC by 23.2% during the 4th quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock valued at $68,000 after buying an additional 74 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in PTC by 12.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock valued at $115,000 after buying an additional 75 shares in the last quarter. Finally, Empowered Funds LLC grew 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 buying an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PTC. KeyCorp cut their price target on PTC from $210.00 to $195.00 and set an “overweight” rating for the company in a report on Tuesday, March 17th. Mizuho lowered their price objective on PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, March 23rd. Wall Street Zen raised PTC from a “hold” rating to a “buy” rating in a research note on Sunday, May 31st. Barclays raised their price objective on PTC from $180.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings lowered PTC from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Ten research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $176.71.

PTC Price Performance

Shares of PTC stock opened at $118.18 on Wednesday. PTC Inc. has a 52-week low of $108.50 and a 52-week high of $219.69. 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 $13.65 billion, a P/E ratio of 11.28, a P/E/G ratio of 1.69 and a beta of 0.97. The stock has a 50 day moving average price of $138.64 and a 200 day moving average price of $154.18.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. The firm had revenue of $774.30 million during 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%. The company’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. As a group, sell-side analysts predict that PTC Inc. will post 6.32 earnings per share for the current year.

Key PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC launched a new solution aimed at connecting disparate industrial networks, which supports its software/platform growth story and could help sentiment around future revenue opportunities. PTC Launches Solution that Connects Disparate Networks
• Positive Sentiment: Some market commentary says PTC’s recent pullback may be creating a more attractive entry point for investors despite execution risks, suggesting the stock may be viewed as oversold relative to its long-term setup. Orbit Makes PTC’s Recent Pullback Interesting Despite Execution Risks
• Neutral Sentiment: Analyst-focused articles note that PTC has underperformed the broader technology sector over the past year, but sentiment remains somewhat constructive with multiple price targets still above recent trading levels. PTC Inc. Stock: Is PTC Underperforming the Technology Sector?
• Negative Sentiment: Coverage also highlights that PTC has lagged the tech sector recently, which can weigh on investor confidence even as analysts remain cautiously optimistic. PTC Inc. stock rises Monday, still underperforms market

Insider Buying and Selling

In other PTC news, CAO Alice Christenson sold 816 shares of the stock in a transaction 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 owned 1,265 shares in the company, valued at $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 SEC, which is available through this link. 0.29% of the stock is currently owned by corporate insiders.

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.