Contravisory Investment Management Inc. Makes New Investment in PTC Inc. $PTC

Contravisory Investment Management Inc. purchased a new stake in shares of PTC Inc. (NASDAQ:PTC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,670 shares of the technology company’s stock, valued at approximately $814,000.

Several other institutional investors have also modified their holdings of PTC. Campbell Newman Asset Management Inc. grew its holdings in PTC by 0.4% during the third quarter. Campbell Newman Asset Management Inc. now owns 12,147 shares of the technology company’s stock worth $2,466,000 after acquiring an additional 49 shares during the period. Diversified Trust Co lifted its holdings in PTC by 2.5% in the 3rd quarter. Diversified Trust Co now owns 2,209 shares of the technology company’s stock valued at $448,000 after acquiring an additional 53 shares during the last quarter. Versant Capital Management Inc lifted its holdings in PTC by 37.6% in the 3rd quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock valued at $39,000 after acquiring an additional 53 shares during the last quarter. Archford Capital Strategies LLC boosted its position in shares of PTC by 1.4% during the 3rd quarter. Archford Capital Strategies LLC now owns 4,695 shares of the technology company’s stock valued at $953,000 after purchasing an additional 63 shares in the last quarter. Finally, Aviso Financial Inc. boosted its position in shares of PTC by 4.1% during the 2nd quarter. Aviso Financial Inc. now owns 1,691 shares of the technology company’s stock valued at $291,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

PTC Stock Down 0.4%

PTC stock opened at $149.23 on Tuesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market capitalization of $17.76 billion, a P/E ratio of 21.79, a P/E/G ratio of 2.55 and a beta of 1.03. PTC Inc. has a 52-week low of $133.38 and a 52-week high of $219.69. The company’s 50 day simple moving average is $158.08 and its 200-day simple moving average is $177.67.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 EPS 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 analyst estimates of $635.44 million. During the same quarter last year, the business posted $1.10 EPS. The company’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. As a group, equities research analysts anticipate that PTC Inc. will post 4.46 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. JPMorgan Chase & Co. downgraded shares of PTC from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. Rosenblatt Securities decreased their price target on shares of PTC from $200.00 to $190.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Royal Bank Of Canada dropped their price target on PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. BMO Capital Markets cut their price objective on PTC from $219.00 to $189.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Finally, Wall Street Zen lowered PTC from a “buy” rating to a “hold” rating in a research note on Saturday. Eleven analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, PTC currently has a consensus rating of “Moderate Buy” and an average target price of $182.08.

Insiders Place Their Bets

In related news, EVP Staats Aaron C. Von sold 240 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total value of $38,664.00. Following the completion of the sale, the executive vice president directly owned 22,221 shares of the company’s stock, valued at approximately $3,579,803.10. This represents a 1.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Corinna Lathan sold 675 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $157.24, for a total value of $106,137.00. Following the sale, the director owned 8,429 shares of the company’s stock, valued at $1,325,375.96. The trade was a 7.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.29% of the company’s stock.

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.