Key Points
- PTC director Corinna Lathan sold 675 shares on March 16 at an average price of $157.24 for a total of $106,137, reducing her holding by 7.41% to 8,429 shares valued at about $1.33M.
- PTC recently beat expectations, reporting $1.92 EPS vs. $1.59 expected and $685.8M revenue (up 21.4% year-over-year), and set Q2 2026 guidance of $1.930–$2.540 EPS.
- Analysts have trimmed price targets but the stock retains a consensus rating of "Moderate Buy" with an average target of $182.08, and institutional investors own about 95.14% of the shares.
PTC Inc. (NASDAQ:PTC - Get Free Report) Director Corinna Lathan sold 675 shares of the business's stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $157.24, for a total transaction of $106,137.00. Following the sale, the director owned 8,429 shares of the company's stock, valued at approximately $1,325,375.96. This represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
PTC Trading Up 1.0%
Shares of PTC stock traded up $1.49 during mid-day trading on Thursday, reaching $151.60. The company's stock had a trading volume of 61,600 shares, compared to its average volume of 1,103,494. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $18.04 billion, a PE ratio of 22.08, a price-to-earnings-growth ratio of 2.52 and a beta of 1.03. The company's 50 day simple moving average is $159.42 and its 200-day simple moving average is $179.24. PTC Inc. has a 12-month low of $133.38 and a 12-month high of $219.69.
PTC (NASDAQ:PTC - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, topping analysts' consensus estimates of $1.59 by $0.33. PTC had a net margin of 28.86% and a return on equity of 24.63%. The firm had revenue of $685.83 million during the quarter, compared to analysts' expectations of $635.44 million. During the same period in the prior year, the company earned $1.10 EPS. The firm's revenue was up 21.4% on a year-over-year basis. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, research analysts predict that PTC Inc. will post 4.46 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on PTC shares. Rosenblatt Securities dropped their target price on PTC from $200.00 to $190.00 and set a "buy" rating on the stock in a report on Wednesday. Royal Bank Of Canada reduced their price target on PTC from $235.00 to $195.00 and set an "outperform" rating on the stock in a research report on Thursday, February 5th. Citigroup lowered their price objective on shares of PTC from $181.00 to $166.00 and set a "neutral" rating for the company in a research report on Friday, February 6th. Wall Street Zen lowered shares of PTC from a "strong-buy" rating to a "buy" rating in a research note on Saturday, February 7th. Finally, Oppenheimer reduced their target price on shares of PTC from $240.00 to $200.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 28th. Eleven investment 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's stock. Based on data from MarketBeat.com, PTC has a consensus rating of "Moderate Buy" and an average price target of $182.08.
Get Our Latest Stock Report on PTC
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of PTC. Rockefeller Capital Management L.P. raised its position in shares of PTC by 10.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,281 shares of the technology company's stock valued at $397,000 after purchasing an additional 216 shares in the last quarter. World Investment Advisors acquired a new stake in shares of PTC during the fourth quarter worth approximately $245,000. Corient Private Wealth LLC grew its position in shares of PTC by 50.2% during the fourth quarter. Corient Private Wealth LLC now owns 11,560 shares of the technology company's stock worth $2,015,000 after buying an additional 3,863 shares in the last quarter. Kera Capital Partners Inc. bought a new stake in shares of PTC in the fourth quarter worth $454,000. Finally, T. Rowe Price Investment Management Inc. increased its stake in shares of PTC by 3.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company's stock worth $3,202,720,000 after buying an additional 602,858 shares during the last quarter. Institutional investors and hedge funds own 95.14% of the company's stock.
About PTC
(
Get Free Report)
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.
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