Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of PTC Inc. (NASDAQ:PTC)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of PTC Inc. (NASDAQ:PTC). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in PTC stock on September 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

PTC Stock Performance

Shares of PTC traded down $0.33 during mid-day trading on Wednesday, hitting $193.63. 1,925,133 shares of the company traded hands, compared to its average volume of 1,709,022. 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 moving average price of $151.02 and a two-hundred day moving average price of $139.16. PTC Inc. has a 1 year low of $108.50 and a 1 year high of $206.82. The stock has a market cap of $21.01 billion, a price-to-earnings ratio of 18.72, a P/E/G ratio of 2.55 and a beta of 0.99.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.01. The company had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. PTC had a net margin of 41.67% and a return on equity of 25.31%. The firm’s quarterly revenue was down 6.8% on a year-over-year basis. During the same quarter last year, the company posted $1.64 earnings per share. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Equities analysts anticipate that PTC Inc. will post 6.51 earnings per share for the current year.

Insiders Place Their Bets

In other PTC news, Director Corinna Lathan sold 1,750 shares of the business’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $195.75, for a total value of $342,562.50. Following the sale, the director owned 6,679 shares in the company, valued at $1,307,414.25. The trade was a 20.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Renaissance Technologies LLC boosted its stake in PTC by 89.3% in the 1st quarter. Renaissance Technologies LLC now owns 389,100 shares of the technology company’s stock worth $55,443,000 after purchasing an additional 183,600 shares during the period. SCS Capital Management LLC bought a new stake in shares of PTC during the second quarter valued at approximately $37,912,000. Amundi lifted its holdings in shares of PTC by 151.9% in the first quarter. Amundi now owns 1,725,555 shares of the technology company’s stock worth $245,885,000 after buying an additional 1,040,656 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of PTC by 65.0% in the second quarter. Hsbc Holdings PLC now owns 587,782 shares of the technology company’s stock worth $66,753,000 after buying an additional 231,563 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in shares of PTC by 104.5% during the second quarter. Assenagon Asset Management S.A. now owns 224,989 shares of the technology company’s stock worth $25,561,000 after acquiring an additional 114,961 shares during the last quarter. 95.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on PTC. JPMorgan Chase & Co. upgraded PTC from an “underweight” rating to a “neutral” rating and boosted their price target for the company from $145.00 to $205.00 in a research note on Monday, October 5th. Weiss Ratings upgraded shares of PTC from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, October 6th. BNP Paribas Exane initiated coverage on shares of PTC in a research report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price target on the stock. Robert W. Baird cut shares of PTC from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Barclays downgraded shares of PTC from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $155.00 to $205.00 in a research report on Monday, October 5th. Two equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $200.06.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About PTC

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.