PTC (NASDAQ:PTC) Director Sells $342,562.50 in Stock

PTC Inc. (NASDAQ:PTC) Director Corinna Lathan sold 1,750 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $195.75, for a total value of $342,562.50. Following the sale, the director directly owned 6,679 shares of the company’s stock, valued at $1,307,414.25. This represents a 20.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

PTC Trading Up 0.1%

Shares of PTC stock opened at $193.73 on Friday. PTC Inc. has a fifty-two week low of $108.50 and a fifty-two week high of $206.82. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a 50 day simple moving average of $147.74 and a two-hundred day simple moving average of $138.13. The company has a market cap of $21.02 billion, a P/E ratio of 18.74, a PEG ratio of 2.54 and a beta of 0.99.

PTC (NASDAQ:PTC) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. The firm had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.The company’s revenue for the quarter was down 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.64 EPS. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Research analysts forecast that PTC Inc. will post 6.54 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Palladiem LLC acquired a new position in shares of PTC during the fourth quarter valued at about $28,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of PTC in the 2nd quarter worth about $30,000. Allworth Financial LP acquired a new stake in shares of PTC in the 2nd quarter worth about $32,000. Integrated Wealth Concepts LLC acquired a new stake in shares of PTC in the 2nd quarter worth about $32,000. Finally, Cedar Mountain Advisors LLC bought a new position in PTC in the 1st quarter valued at about $36,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on PTC. JPMorgan Chase & Co. upgraded shares of PTC from an “underweight” rating to a “neutral” rating and raised their price target for the stock from $145.00 to $205.00 in a report on Monday. Barclays lowered shares of PTC from an “overweight” rating to an “equal weight” rating and upped their price objective for the company from $155.00 to $205.00 in a report on Monday. Stifel Nicolaus set a $205.00 price objective on shares of PTC in a research report on Monday. BMO Capital Markets downgraded PTC from an “outperform” rating to a “market perform” rating and raised their target price for the company from $164.00 to $205.00 in a research note on Tuesday. Finally, Citigroup boosted their target price on PTC from $141.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday. Two analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, PTC currently has an average rating of “Hold” and a consensus target price of $200.06.

PTC Company Profile

PTC Inc (NASDAQ: PTC) develops software designed to help manufacturers and other industrial companies create, manage, operate and service physical products. Its portfolio supports product lifecycle management, computer-aided design, application lifecycle management, service lifecycle management, industrial Internet of Things applications and augmented reality.

PTC’s primary products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, Codebeamer for application lifecycle management, and Servigistics for service parts and service operations management.