PTC Inc. (NASDAQ:PTC) Short Interest Update

PTC Inc. (NASDAQ:PTC) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 3,776,460 shares, an increase of 24.6% from the January 29th total of 3,031,707 shares. Based on an average daily volume of 1,693,882 shares, the short-interest ratio is presently 2.2 days. Currently, 3.2% of the shares of the company are sold short. Currently, 3.2% of the shares of the company are sold short. Based on an average daily volume of 1,693,882 shares, the short-interest ratio is presently 2.2 days.

PTC Price Performance

Shares of NASDAQ:PTC traded down $0.13 during midday trading on Wednesday, hitting $162.97. The company’s stock had a trading volume of 1,030,446 shares, compared to its average volume of 1,152,410. The company has a market cap of $19.39 billion, a P/E ratio of 23.79, a price-to-earnings-growth ratio of 2.59 and a beta of 1.03. PTC has a 12-month low of $133.38 and a 12-month high of $219.69. The business’s 50 day simple moving average is $162.94 and its 200 day simple moving average is $183.20. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22.

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

Insiders Place Their Bets

In other news, EVP Kristian Talvitie sold 50,291 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the sale, the executive vice president directly owned 12,386 shares of the company’s stock, valued at $2,144,512.04. This represents a 80.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Staats Aaron C. Von sold 240 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total value of $38,664.00. Following the sale, the executive vice president owned 22,221 shares in the company, valued at $3,579,803.10. This trade represents a 1.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 61,517 shares of company stock worth $10,662,740 over the last three months. 0.29% of the stock is currently owned by insiders.

Institutional Trading of PTC

A number of hedge funds and other institutional investors have recently modified their holdings of PTC. Elyxium Wealth LLC purchased a new stake in shares of PTC in the fourth quarter valued at about $27,000. Palladiem LLC purchased a new stake in shares of PTC in the 4th quarter valued at approximately $28,000. DV Equities LLC acquired a new stake in shares of PTC during the 4th quarter worth approximately $29,000. Root Financial Partners LLC purchased a new stake in shares of PTC during the 3rd quarter valued at approximately $30,000. Finally, SJS Investment Consulting Inc. lifted its holdings in PTC by 2,257.1% in the third quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock valued at $34,000 after acquiring an additional 158 shares during the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Stifel Nicolaus set a $180.00 price objective on PTC in a research report on Thursday, February 5th. Royal Bank Of Canada cut their price target on shares of PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Oppenheimer decreased their price objective on shares of PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a report on Wednesday, January 28th. Piper Sandler cut their target price on shares of PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. Finally, BMO Capital Markets decreased their price target on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research note on Thursday, February 5th. Eleven equities research 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $188.08.

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.