J. Safra Sarasin Holding AG Cuts Position in PTC Inc. $PTC

J. Safra Sarasin Holding AG trimmed its holdings in shares of PTC Inc. (NASDAQ:PTC) by 91.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,977 shares of the technology company’s stock after selling 42,989 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in PTC were worth $693,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Empowered Funds LLC lifted its holdings in shares of PTC by 3.1% during the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after acquiring an additional 75 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after purchasing an additional 76 shares during the period. Cetera Investment Advisers increased its holdings in PTC by 4.6% in the 2nd quarter. Cetera Investment Advisers now owns 5,783 shares of the technology company’s stock valued at $997,000 after purchasing an additional 253 shares in the last quarter. American Century Companies Inc. raised its position in PTC by 1,034.0% in the second quarter. American Century Companies Inc. now owns 25,754 shares of the technology company’s stock valued at $4,438,000 after purchasing an additional 23,483 shares during the period. Finally, Choreo LLC purchased a new position in PTC in the second quarter valued at about $297,000. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Mizuho decreased their target price on PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday, March 23rd. KeyCorp dropped their target price on PTC from $210.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday, March 17th. Stifel Nicolaus set a $180.00 price target on PTC in a research report on Thursday, February 5th. Royal Bank Of Canada decreased their price target on PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Finally, Citigroup dropped their price objective on shares of PTC from $181.00 to $166.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. 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. According to data from MarketBeat.com, PTC currently has a consensus rating of “Moderate Buy” and a consensus price target of $182.08.

Insider Buying and Selling

In related news, EVP Staats Aaron C. Von sold 240 shares of PTC stock in a transaction 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 in the company, valued at approximately $3,579,803.10. The trade was a 1.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Corinna Lathan sold 675 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $157.24, for a total transaction of $106,137.00. Following the completion of the sale, the director directly owned 8,429 shares in the company, valued at $1,325,375.96. This represents a 7.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.29% of the company’s stock.

PTC Stock Up 0.1%

Shares of PTC stock opened at $142.65 on Friday. PTC Inc. has a 1-year low of $133.38 and a 1-year high of $219.69. The company has a market capitalization of $16.98 billion, a PE ratio of 20.82, a P/E/G ratio of 2.45 and a beta of 1.06. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 1.22. The business has a 50-day moving average of $154.32 and a 200-day moving average of $174.43.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.59 by $0.33. The business had revenue of $685.83 million for the quarter, compared to analysts’ expectations of $635.44 million. PTC had a return on equity of 24.63% and a net margin of 28.86%.The company’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, equities analysts forecast that PTC Inc. will post 4.46 EPS for the current fiscal 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.