Exchange Traded Concepts LLC Boosts Stake in PTC Inc. $PTC

Exchange Traded Concepts LLC lifted its holdings in PTC Inc. (NASDAQ:PTC) by 41.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,401 shares of the technology company’s stock after purchasing an additional 28,715 shares during the period. Exchange Traded Concepts LLC owned about 0.08% of PTC worth $16,968,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of PTC. State Street Corp increased its position in shares of PTC by 4.1% during the third quarter. State Street Corp now owns 5,593,645 shares of the technology company’s stock worth $1,135,622,000 after purchasing an additional 221,349 shares in the last quarter. Standard Investments LLC raised its stake in PTC by 10.4% during the third quarter. Standard Investments LLC now owns 1,586,000 shares of the technology company’s stock worth $321,990,000 after purchasing an additional 150,000 shares during the period. Lazard Asset Management LLC raised its position in shares of PTC by 31.4% during the 2nd quarter. Lazard Asset Management LLC now owns 1,547,622 shares of the technology company’s stock valued at $266,715,000 after buying an additional 370,097 shares during the period. Northern Trust Corp grew its holdings in shares of PTC by 2.6% during the 3rd quarter. Northern Trust Corp now owns 1,379,890 shares of the technology company’s stock worth $280,145,000 after purchasing an additional 34,663 shares during the period. Finally, Norges Bank purchased a new position in PTC during the second quarter worth about $155,673,000. 95.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. downgraded PTC from a “neutral” rating to an “underweight” rating and dropped their target price for the company from $205.00 to $162.00 in a research report on Monday, February 2nd. Citigroup decreased their price target on PTC from $181.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Mizuho lowered their target price on shares of PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a report on Monday, March 23rd. Oppenheimer decreased their target price on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research report on Wednesday, January 28th. Finally, BMO Capital Markets lowered 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. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, PTC has an average rating of “Moderate Buy” and an average price target of $182.08.

Insider Activity

In other news, EVP Staats Aaron C. Von sold 240 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were 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 directly owned 22,221 shares in the company, valued at approximately $3,579,803.10. This represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Corinna Lathan sold 675 shares of the 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 completion of the transaction, the director directly owned 8,429 shares of the company’s stock, valued at $1,325,375.96. This represents a 7.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.29% of the company’s stock.

PTC Stock Performance

NASDAQ:PTC opened at $137.61 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. PTC Inc. has a twelve month low of $133.38 and a twelve month high of $219.69. The company has a market capitalization of $16.38 billion, a P/E ratio of 20.09, a price-to-earnings-growth ratio of 2.37 and a beta of 1.03. The firm has a 50-day moving average price of $156.05 and a two-hundred day moving average price of $175.99.

PTC (NASDAQ:PTC) last announced its earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $635.44 million. During the same quarter in the previous year, the company posted $1.10 EPS. The firm’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. As a group, research analysts expect that PTC Inc. will post 4.46 earnings per share for the current fiscal 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.