PTC Inc. $PTC Stock Position Lifted by Tensor Edge Capital LLC

Tensor Edge Capital LLC grew its stake in PTC Inc. (NASDAQ:PTC) by 86.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 279,909 shares of the technology company’s stock after purchasing an additional 129,909 shares during the quarter. PTC comprises about 6.9% of Tensor Edge Capital LLC’s holdings, making the stock its 7th biggest holding. Tensor Edge Capital LLC’s holdings in PTC were worth $39,884,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of PTC. Trust Point Inc. lifted its holdings in PTC by 3.2% in the fourth quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock worth $355,000 after buying an additional 63 shares during the period. Strategic Advisors LLC raised its position in shares of PTC by 0.9% in the 4th quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock worth $1,298,000 after acquiring an additional 65 shares in the last quarter. Allworth Financial LP raised its position in shares of PTC by 23.2% in the 4th quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock worth $68,000 after acquiring an additional 74 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of PTC by 12.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock valued at $115,000 after purchasing an additional 75 shares during the period. Finally, Empowered Funds LLC lifted its stake in shares of PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after purchasing an additional 75 shares during the period. Institutional investors own 95.14% of the company’s stock.

PTC Price Performance

Shares of NASDAQ:PTC opened at $124.55 on Friday. The stock has a fifty day simple moving average of $132.67 and a two-hundred day simple moving average of $148.93. The stock has a market capitalization of $14.39 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 1.82 and a beta of 0.99. PTC Inc. has a 12-month low of $108.50 and a 12-month high of $219.69. 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 (NASDAQ:PTC) last released its earnings results on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. PTC had a return on equity of 25.84% and a net margin of 41.81%.The firm had revenue of $774.30 million for the quarter, compared to analysts’ expectations of $712.40 million. During the same period in the prior year, the firm posted $1.79 earnings per share. The company’s quarterly revenue was up 21.7% on a year-over-year basis. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, research analysts anticipate that PTC Inc. will post 6.35 earnings per share for the current fiscal year.

Insider Activity at PTC

In other PTC news, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total transaction of $118,989.12. Following the transaction, the chief accounting officer owned 1,265 shares in the company, valued at approximately $184,462.30. This represents a 39.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.29% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

PTC has been the topic of several recent research reports. Berenberg Bank set a $170.00 price target on PTC in a research note on Wednesday, May 27th. Wall Street Zen lowered PTC from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings downgraded shares of PTC from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Barclays increased their price target on shares of PTC from $180.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, BNP Paribas Exane assumed coverage on shares of PTC in a research report on Thursday, June 18th. They set a “neutral” rating and a $130.00 price target for the company. Ten equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, PTC currently has an average rating of “Moderate Buy” and a consensus price target of $173.60.

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.