PTC Inc. $PTC Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise lessened its holdings in shares of PTC Inc. (NASDAQ:PTC) by 50.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,932 shares of the technology company’s stock after selling 3,987 shares during the period. Banque Cantonale Vaudoise’s holdings in PTC were worth $798,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Root Financial Partners LLC acquired a new position in PTC during the 3rd quarter valued at about $30,000. SJS Investment Consulting Inc. raised its stake in PTC by 2,257.1% in the third quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock valued at $34,000 after buying an additional 158 shares during the last quarter. Versant Capital Management Inc boosted its holdings in PTC by 37.6% in the third quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock worth $39,000 after acquiring an additional 53 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of PTC by 34.4% during the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after acquiring an additional 76 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of PTC during the second quarter worth about $53,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analysts Set New Price Targets

PTC has been the subject of several research analyst reports. Wall Street Zen lowered shares of PTC from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Royal Bank Of Canada dropped their target price on shares of PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Stifel Nicolaus set a $180.00 price target on shares of PTC in a research note on Thursday, February 5th. Oppenheimer decreased their price target on shares of PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. Finally, 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 note on Friday, February 6th. Eleven equities 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 MarketBeat, PTC presently has an average rating of “Moderate Buy” and an average target price of $188.08.

Insider Activity at PTC

In related news, EVP Staats Aaron C. Von sold 240 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the transaction, the executive vice president owned 22,221 shares of the company’s stock, valued at $3,579,803.10. This trade represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.29% of the stock is owned by company insiders.

PTC Trading Down 1.0%

Shares of NASDAQ:PTC opened at $157.46 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.31. PTC Inc. has a 52-week low of $133.38 and a 52-week high of $219.69. The stock has a market cap of $18.74 billion, a price-to-earnings ratio of 22.99, a PEG ratio of 2.60 and a beta of 1.03. The business has a 50-day moving average price of $160.95 and a 200-day moving average price of $181.16.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.33. PTC had a return on equity of 24.63% and a net margin of 28.86%.The firm had revenue of $685.83 million for the quarter, compared to analyst estimates of $635.44 million. During the same quarter in the prior year, the firm earned $1.10 earnings per share. PTC’s revenue for the quarter was up 21.4% on a year-over-year basis. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Equities analysts predict that PTC Inc. will post 4.46 EPS for the current year.

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.