Gotham Asset Management LLC Has $43.60 Million Position in PTC Inc. $PTC

Gotham Asset Management LLC increased its stake in PTC Inc. (NASDAQ:PTC) by 63.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 250,288 shares of the technology company’s stock after purchasing an additional 97,576 shares during the quarter. Gotham Asset Management LLC owned approximately 0.21% of PTC worth $43,603,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PTC. Elyxium Wealth LLC acquired a new stake in PTC in the 4th quarter worth approximately $27,000. Palladiem LLC acquired a new stake in PTC in the 4th quarter worth approximately $28,000. DV Equities LLC acquired a new stake in PTC in the 4th quarter worth approximately $29,000. Board of the Pension Protection Fund acquired a new stake in PTC in the 4th quarter worth approximately $35,000. Finally, Rakuten Securities Inc. lifted its holdings in PTC by 2,725.0% in the 4th quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock worth $39,000 after purchasing an additional 218 shares during the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

PTC Stock Performance

Shares of NASDAQ PTC opened at $116.94 on Thursday. The business has a fifty day simple moving average of $138.09 and a 200 day simple moving average of $153.78. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $13.51 billion, a price-to-earnings ratio of 11.16, a PEG ratio of 1.74 and a beta of 0.97. PTC Inc. has a one year low of $108.50 and a one year high of $219.69.

PTC (NASDAQ:PTC) last issued its 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 business had revenue of $774.30 million during the quarter, compared to analyst estimates of $712.40 million. PTC had a return on equity of 25.84% and a net margin of 41.81%.PTC’s revenue was up 21.7% on a year-over-year basis. During the same period in the prior 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. Sell-side analysts expect that PTC Inc. will post 6.32 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on PTC shares. Weiss Ratings lowered PTC from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded PTC from a “hold” rating to a “buy” rating in a report on Sunday, May 31st. Rosenblatt Securities reiterated a “buy” rating and set a $190.00 price target on shares of PTC in a report on Tuesday, May 5th. Barclays upped their price target on PTC from $180.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, 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. Ten equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $176.71.

Insider Activity at PTC

In related news, CAO Alice Christenson sold 816 shares of the company’s 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 completion of the transaction, the chief accounting officer directly owned 1,265 shares in the company, valued at approximately $184,462.30. This represents 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 hyperlink. Insiders own 0.29% of the company’s stock.

About PTC

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.