Rep. Gilbert Ray Cisneros, Jr. Sells 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 November 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in PTC stock on October 27th. 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 $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
• Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.
• Purchased $1,001 – $15,000 in shares of Moderna (NASDAQ:MRNA) on 10/20/2026.

PTC Stock Performance

NASDAQ PTC traded up $0.11 during trading on Thursday, reaching $196.25. 1,817,858 shares of the company’s stock were exchanged, compared to its average volume of 2,052,786. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.63 and a quick ratio of 1.03. The business has a 50 day moving average price of $170.38 and a 200-day moving average price of $148.76. The stock has a market capitalization of $21.30 billion, a P/E ratio of 31.18, a PEG ratio of 2.57 and a beta of 0.93. PTC Inc. has a fifty-two week low of $108.50 and a fifty-two week high of $196.79.

PTC (NASDAQ:PTC) last posted its quarterly earnings results on Wednesday, November 4th. The technology company reported $2.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.06. The business had revenue of $673.25 million for the quarter, compared to analysts’ expectations of $663.56 million. PTC had a return on equity of 20.03% and a net margin of 37.80%. The firm’s revenue for the quarter was down 24.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.41 EPS. Sell-side analysts forecast that PTC Inc. will post 7.12 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PTC has been the topic of a number of recent analyst reports. Wolfe Research cut PTC from an “outperform” rating to a “peer perform” rating in a research report on Thursday. Piper Sandler cut their price objective on shares of PTC from $175.00 to $157.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Deutsche Bank cut shares of PTC to a “hold” rating and set a $205.00 price objective for the company. in a research report on Monday, October 5th. Barclays downgraded shares of PTC from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $155.00 to $205.00 in a research note on Monday, October 5th. Finally, Royal Bank Of Canada lowered shares of PTC from a “buy” rating to a “sector perform” rating and raised their target price for the company from $195.00 to $306.00 in a report on Monday, October 5th. Two research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat.com, PTC presently has a consensus rating of “Hold” and an average target price of $200.06.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Renaissance Technologies LLC boosted its holdings 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 buying an additional 183,600 shares during the period. SCS Capital Management LLC bought a new stake in PTC during the 2nd quarter valued at $37,912,000. Amundi raised its holdings in PTC by 151.9% during the 1st quarter. Amundi now owns 1,725,555 shares of the technology company’s stock valued at $245,885,000 after acquiring an additional 1,040,656 shares during the period. Bank of America Corp DE purchased a new stake in shares of PTC during the second quarter worth $57,186,000. Finally, Hsbc Holdings PLC lifted its position in shares of PTC by 65.0% during the second quarter. Hsbc Holdings PLC now owns 587,782 shares of the technology company’s stock worth $66,753,000 after acquiring an additional 231,563 shares in the last quarter. Institutional investors own 95.14% of the company’s stock.

Insider Activity at PTC

In other PTC news, Director Corinna Lathan sold 1,750 shares of the firm’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 completion of the transaction, the director directly owned 6,679 shares of the company’s stock, valued at $1,307,414.25. This trade represents a 20.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.29% of the stock is owned by insiders.

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. develops software that helps manufacturers design, build, operate and service products. Its offerings support computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management and industrial connectivity, helping companies manage product data and coordinate work across engineering and manufacturing. PTC’s products include Creo for 3D CAD, Windchill for PLM, Codebeamer for application lifecycle management, and ThingWorx for industrial connectivity and application development.