Nisa Investment Advisors LLC Decreases Position in PTC Inc. $PTC

Nisa Investment Advisors LLC trimmed its position in PTC Inc. (NASDAQ:PTC) by 13.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,958 shares of the technology company’s stock after selling 3,894 shares during the period. Nisa Investment Advisors LLC’s holdings in PTC were worth $4,522,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of PTC. Voloridge Investment Management LLC raised its holdings in shares of PTC by 856.8% during the third quarter. Voloridge Investment Management LLC now owns 465,814 shares of the technology company’s stock valued at $94,570,000 after acquiring an additional 417,130 shares during the last quarter. Lazard Asset Management LLC boosted its stake in shares of PTC by 31.4% in the second quarter. Lazard Asset Management LLC now owns 1,547,622 shares of the technology company’s stock worth $266,715,000 after acquiring an additional 370,097 shares during the last quarter. Tudor Investment Corp ET AL increased its position in shares of PTC by 7,570.5% during the third quarter. Tudor Investment Corp ET AL now owns 316,793 shares of the technology company’s stock worth $64,315,000 after purchasing an additional 312,663 shares in the last quarter. State Street Corp increased its position in shares of PTC by 4.1% during the third quarter. State Street Corp now owns 5,593,645 shares of the technology company’s stock worth $1,135,622,000 after purchasing an additional 221,349 shares in the last quarter. Finally, Nordea Investment Management AB raised its stake in PTC by 2,075.2% in the 3rd quarter. Nordea Investment Management AB now owns 213,911 shares of the technology company’s stock valued at $43,420,000 after purchasing an additional 204,077 shares during the last quarter. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

PTC Stock Performance

NASDAQ PTC opened at $142.65 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22. The stock’s fifty day moving average is $154.32 and its two-hundred day moving average is $174.43. The firm has a market capitalization of $16.98 billion, a P/E ratio of 20.82, a price-to-earnings-growth ratio of 2.45 and a beta of 1.06. PTC Inc. has a fifty-two week low of $133.38 and a fifty-two week high of $219.69.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.33. The business had revenue of $685.83 million during the quarter, compared to the consensus estimate of $635.44 million. PTC had a return on equity of 24.63% and a net margin of 28.86%.The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period last year, the company earned $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, research analysts anticipate that PTC Inc. will post 4.46 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on PTC shares. Stifel Nicolaus set a $180.00 price objective on PTC in a report on Thursday, February 5th. Oppenheimer reduced their target price on shares of PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research report on Wednesday, January 28th. Barclays began coverage on shares of PTC in a research note on Tuesday, March 17th. They issued an “overweight” rating and a $180.00 price target on the stock. Rosenblatt Securities lowered their price target on shares of PTC from $200.00 to $190.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Finally, BMO Capital Markets dropped their price objective on shares of PTC from $219.00 to $189.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. Eleven analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.08.

Insider Activity

In other news, EVP Staats Aaron C. Von sold 240 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total value of $38,664.00. Following the completion of the sale, the executive vice president owned 22,221 shares of the company’s stock, valued at $3,579,803.10. This represents a 1.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Corinna Lathan sold 675 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $157.24, for a total transaction of $106,137.00. Following the sale, the director owned 8,429 shares of the company’s stock, valued at $1,325,375.96. This represents a 7.41% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is currently owned by company insiders.

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.