PTC (NASDAQ:PTC) Trading Down 4.2% – Time to Sell?

PTC Inc. (NASDAQ:PTC)’s stock price fell 4.2% during trading on Thursday . The stock traded as low as $131.51 and last traded at $129.3490. 144,028 shares were traded during mid-day trading, a decline of 88% from the average session volume of 1,247,530 shares. The stock had previously closed at $135.08.

Analysts Set New Price Targets

Several research firms have recently commented on PTC. Citigroup upped their price objective on PTC from $146.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Barclays upped their price objective on PTC from $180.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Robert W. Baird set a $198.00 price objective on PTC in a research note on Thursday, May 7th. KeyCorp reduced their price objective on PTC from $210.00 to $195.00 and set an “overweight” rating for the company in a research note on Tuesday, March 17th. Finally, Berenberg Bank set a $170.00 price objective on PTC in a research note on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $176.71.

PTC Trading Down 4.0%

The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.30. The stock has a fifty day simple moving average of $139.68 and a 200 day simple moving average of $155.09. The firm has a market capitalization of $13.13 billion, a P/E ratio of 10.85, a PEG ratio of 1.74 and a beta of 0.97.

PTC (NASDAQ:PTC) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. The business had revenue of $774.30 million for the quarter, compared to analysts’ expectations of $712.40 million. PTC had a return on equity of 25.84% and a net margin of 41.81%.The business’s quarterly revenue was up 21.7% on a year-over-year basis. During the same period last year, the firm earned $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. As a group, research analysts forecast that PTC Inc. will post 6.32 EPS for the current year.

Insider Transactions at PTC

In other news, CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total transaction of $118,989.12. Following the completion of the transaction, the chief accounting officer owned 1,265 shares in the company, valued at $184,462.30. This trade represents a 39.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Corinna Lathan sold 675 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $157.24, for a total value of $106,137.00. Following the transaction, the director owned 8,429 shares of the company’s stock, valued at approximately $1,325,375.96. The trade was a 7.41% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Elyxium Wealth LLC purchased a new position in PTC in the fourth quarter worth about $27,000. Palladiem LLC purchased a new position in PTC in the fourth quarter worth about $28,000. DV Equities LLC purchased a new position in PTC in the fourth quarter worth about $29,000. Board of the Pension Protection Fund purchased a new stake in shares of PTC in the fourth quarter valued at $35,000. Finally, Cedar Mountain Advisors LLC purchased a new stake in shares of PTC in the first quarter valued at $36,000. Hedge funds and other institutional investors own 95.14% of the company’s stock.

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.