PTC Inc. $PTC Stake Decreased by 2Xideas AG

2Xideas AG lessened its position in PTC Inc. (NASDAQ:PTC) by 20.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 209,680 shares of the technology company’s stock after selling 55,271 shares during the quarter. PTC makes up about 9.0% of 2Xideas AG’s investment portfolio, making the stock its 2nd largest holding. 2Xideas AG owned about 0.18% of PTC worth $42,569,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of PTC in the 3rd quarter worth about $30,000. SJS Investment Consulting Inc. lifted its position in PTC by 2,257.1% during the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock valued at $34,000 after acquiring an additional 158 shares during the period. Versant Capital Management Inc boosted its stake in PTC by 37.6% during 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 holdings in PTC by 34.4% in the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after purchasing an additional 76 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new stake in PTC in the second quarter worth about $53,000. 95.14% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP Staats Aaron C. Von sold 240 shares of PTC stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the sale, the executive vice president owned 22,221 shares of the company’s stock, valued at approximately $3,579,803.10. This trade represents a 1.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.29% of the company’s stock.

PTC Trading Down 1.0%

Shares of NASDAQ:PTC opened at $155.89 on Friday. The stock has a 50 day moving average of $160.67 and a 200 day moving average of $180.75. The company has a market cap of $18.55 billion, a PE ratio of 22.76, a price-to-earnings-growth ratio of 2.57 and a beta of 1.03. PTC Inc. has a 12-month low of $133.38 and a 12-month high of $219.69. 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 (NASDAQ:PTC) last released its earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.33. The company had revenue of $685.83 million for the quarter, compared to analysts’ expectations of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The firm’s revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, equities research analysts expect that PTC Inc. will post 4.46 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Oppenheimer lowered their target price 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. Wall Street Zen lowered PTC from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Stifel Nicolaus set a $180.00 price objective on PTC in a research note on Thursday, February 5th. KeyCorp set a $210.00 target price on PTC in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. cut PTC from a “neutral” rating to an “underweight” rating and cut their target price for the stock from $205.00 to $162.00 in a research note on Monday, February 2nd. Eleven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, PTC presently has an average rating of “Moderate Buy” and an average price target of $188.08.

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.