PTC Inc. $PTC Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lowered its stake in PTC Inc. (NASDAQ:PTC) by 69.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,979 shares of the technology company’s stock after selling 11,232 shares during the quarter. Intech Investment Management LLC’s holdings in PTC were worth $1,011,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of PTC by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 14,748,971 shares of the technology company’s stock worth $2,541,838,000 after acquiring an additional 416,791 shares during the period. State Street Corp increased its stake in shares of PTC by 4.0% during the second quarter. State Street Corp now owns 5,372,296 shares of the technology company’s stock valued at $925,861,000 after acquiring an additional 205,029 shares during the period. Geode Capital Management LLC raised its holdings in PTC by 8.4% during the second quarter. Geode Capital Management LLC now owns 3,415,785 shares of the technology company’s stock worth $586,438,000 after purchasing an additional 265,558 shares in the last quarter. Lazard Asset Management LLC raised its holdings in PTC by 31.4% during the second quarter. Lazard Asset Management LLC now owns 1,547,622 shares of the technology company’s stock worth $266,715,000 after purchasing an additional 370,097 shares in the last quarter. Finally, Norges Bank acquired a new stake in PTC in the second quarter worth approximately $155,673,000. Institutional investors own 95.14% of the company’s stock.

Insider Buying and Selling at PTC

In related news, EVP Staats Aaron C. Von sold 240 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total value of $38,664.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Kristian Talvitie sold 50,291 shares of PTC stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total value of $8,707,383.74. Following the completion of the transaction, the executive vice president directly owned 12,386 shares in the company, valued at $2,144,512.04. This represents a 80.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 59,197 shares of company stock valued at $10,260,591. 0.29% of the stock is currently owned by company insiders.

PTC Price Performance

NASDAQ PTC opened at $162.71 on Friday. PTC Inc. has a 1 year low of $133.38 and a 1 year high of $219.69. The business’s fifty day moving average is $162.15 and its two-hundred day moving average is $182.42. The stock has a market capitalization of $19.36 billion, a P/E ratio of 23.75, a P/E/G ratio of 2.66 and a beta of 1.03. 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 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.33. The business had revenue of $685.83 million during the quarter, compared to analyst estimates 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 period last year, the company posted $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, research analysts forecast that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

PTC has been the subject of a number of research reports. Weiss Ratings lowered PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Oppenheimer cut their price objective on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. BMO Capital Markets decreased their target price on PTC from $219.00 to $189.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. JPMorgan Chase & Co. lowered PTC from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. Finally, Citigroup dropped their price target on shares of PTC from $181.00 to $166.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Eleven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $188.08.

PTC 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.