Erste Asset Management GmbH Buys New Shares in PTC Inc. $PTC

Erste Asset Management GmbH bought a new stake in PTC Inc. (NASDAQ:PTC) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 35,915 shares of the technology company’s stock, valued at approximately $6,293,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Elyxium Wealth LLC bought a new position in shares of PTC in the fourth quarter valued at $27,000. Palladiem LLC bought a new position in shares of PTC in the fourth quarter valued at $28,000. Board of the Pension Protection Fund acquired a new stake in PTC during the 4th quarter valued at $35,000. Rakuten Securities Inc. lifted its holdings in PTC by 2,725.0% during the 4th quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock valued at $39,000 after purchasing an additional 218 shares during the last quarter. Finally, Quarry LP lifted its holdings in PTC by 86.2% during the 3rd quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after purchasing an additional 94 shares during the last quarter. 95.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

PTC has been the subject of several research reports. Robert W. Baird set a $198.00 price target on PTC in a report on Thursday, May 7th. Barclays raised their price target on PTC from $180.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Citigroup raised their price target on PTC from $146.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Berenberg Bank set a $170.00 price target on PTC in a report on Wednesday, May 27th. Finally, Wall Street Zen raised PTC from a “hold” rating to a “buy” rating in a report on Sunday, May 31st. Ten 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $176.71.

Insiders Place Their Bets

In other news, CAO Alice Christenson sold 816 shares of PTC stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total transaction of $118,989.12. Following the completion of the sale, the chief accounting officer owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This trade represents a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Corinna Lathan sold 675 shares of PTC stock in a transaction on Monday, March 16th. The stock was sold at an average price of $157.24, for a total value of $106,137.00. Following the sale, the director directly 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 SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by company insiders.

PTC Stock Up 0.7%

PTC opened at $136.97 on Wednesday. PTC Inc. has a fifty-two week low of $130.89 and a fifty-two week high of $219.69. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23. The company has a market capitalization of $15.82 billion, a P/E ratio of 13.07, a P/E/G ratio of 2.00 and a beta of 0.97. The stock has a fifty day moving average of $140.83 and a 200-day moving average of $156.01.

PTC (NASDAQ:PTC) last posted its earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share 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 company had revenue of $774.30 million during the quarter, compared to the consensus estimate of $712.40 million. During the same quarter last year, the firm earned $1.79 earnings per share. The company’s 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, equities analysts expect that PTC Inc. will post 6.3 EPS for the current year.

PTC Company 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.