PTC Inc. $PTC Shares Sold by National Pension Service

National Pension Service cut its stake in shares of PTC Inc. (NASDAQ:PTC) by 93.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 14,833 shares of the technology company’s stock after selling 205,452 shares during the period. National Pension Service’s holdings in PTC were worth $2,584,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Skandinaviska Enskilda Banken AB publ grew its stake in shares of PTC by 8.0% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 90,828 shares of the technology company’s stock worth $18,444,000 after purchasing an additional 6,724 shares during the period. Nordea Investment Management AB grew its stake in shares of PTC by 25.9% during the 4th quarter. Nordea Investment Management AB now owns 269,396 shares of the technology company’s stock worth $47,136,000 after purchasing an additional 55,485 shares during the period. Dakota Wealth Management grew its stake in shares of PTC by 31.2% during the 3rd quarter. Dakota Wealth Management now owns 38,975 shares of the technology company’s stock worth $7,913,000 after purchasing an additional 9,279 shares during the period. Congress Asset Management Co. grew its stake in shares of PTC by 11.6% during the 4th quarter. Congress Asset Management Co. now owns 163,512 shares of the technology company’s stock worth $28,485,000 after purchasing an additional 17,020 shares during the period. Finally, Quantbot Technologies LP acquired a new position in shares of PTC during the 3rd quarter worth $3,203,000. 95.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on PTC shares. Stifel Nicolaus set a $180.00 price target on shares of PTC in a research note on Thursday, February 5th. Wall Street Zen upgraded shares of PTC from a “hold” rating to a “buy” rating in a research report on Sunday. BMO Capital Markets decreased their price objective on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Robert W. Baird set a $198.00 price objective on shares of PTC in a research report on Thursday, May 7th. Finally, Mizuho decreased their price objective on shares of PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a research report on Monday, March 23rd. Ten research 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, the stock has an average rating of “Moderate Buy” and a consensus price target of $176.71.

Insider Transactions at PTC

In other PTC news, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total value of $118,989.12. Following the transaction, the chief accounting officer directly owned 1,265 shares in the company, valued at approximately $184,462.30. This represents a 39.21% decrease in their position. The transaction was disclosed in a document filed 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 dated 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 transaction, the director owned 8,429 shares in the company, valued at approximately $1,325,375.96. This trade represents a 7.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is currently owned by corporate insiders.

PTC Price Performance

NASDAQ:PTC opened at $145.08 on Tuesday. The firm has a market cap of $16.76 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 2.04 and a beta of 0.97. 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 company’s 50-day moving average is $141.56 and its two-hundred day moving average is $157.56. PTC Inc. has a 12-month low of $130.89 and a 12-month high of $219.69.

PTC (NASDAQ:PTC) last released its earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. The company had revenue of $774.30 million for the quarter, compared to analyst estimates of $712.40 million. PTC had a net margin of 41.81% and a return on equity of 25.84%. The firm’s quarterly revenue was up 21.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.79 EPS. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Research 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.