PTC Inc. $PTC Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in PTC Inc. (NASDAQ:PTC) by 455.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 87,628 shares of the technology company’s stock after acquiring an additional 71,846 shares during the period. SG Americas Securities LLC’s holdings in PTC were worth $12,486,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Robert W. Baird set a $198.00 target price on PTC in a research report on Thursday, May 7th. Wall Street Zen cut PTC from a “buy” rating to a “hold” rating in a research note on Saturday. BNP Paribas Exane began coverage on shares of PTC in a report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price objective for the company. Barclays boosted their target price on shares of PTC from $180.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Berenberg Bank set a $170.00 target price on shares of PTC in a report on Wednesday, May 27th. Ten investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, PTC currently has a consensus rating of “Moderate Buy” and a consensus target price of $173.60.

Insider Transactions at PTC

In other news, CAO Alice Christenson sold 816 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total value of $118,989.12. Following the completion of the transaction, the chief accounting officer owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This represents a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.29% of the company’s stock.

PTC Stock Performance

PTC opened at $115.72 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average is $134.74 and its 200-day moving average is $150.90. The stock has a market cap of $13.37 billion, a PE ratio of 11.04, a price-to-earnings-growth ratio of 1.64 and a beta of 0.97. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $219.69.

PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 earnings per share (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 business had revenue of $774.30 million during the quarter, compared to analyst estimates of $712.40 million. During the same period in the prior year, the company posted $1.79 EPS. The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. 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, analysts predict that PTC Inc. will post 6.35 earnings per share for the current year.

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.