SG Americas Securities LLC Sells 35,215 Shares of PTC Inc. $PTC

SG Americas Securities LLC lessened its stake in PTC Inc. (NASDAQ:PTC) by 69.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,782 shares of the technology company’s stock after selling 35,215 shares during the period. SG Americas Securities LLC’s holdings in PTC were worth $2,749,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PTC. Empowered Funds LLC increased its position in shares of PTC by 3.1% during the first quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after purchasing an additional 75 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of PTC by 34.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after purchasing an additional 76 shares during the period. American Century Companies Inc. lifted its position in shares of PTC by 1,034.0% during the 2nd quarter. American Century Companies Inc. now owns 25,754 shares of the technology company’s stock worth $4,438,000 after buying an additional 23,483 shares during the period. Choreo LLC bought a new stake in PTC in the second quarter valued at $297,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of PTC by 6.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,545 shares of the technology company’s stock valued at $611,000 after acquiring an additional 221 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

PTC Price Performance

Shares of NASDAQ:PTC opened at $142.65 on Friday. The company has a 50 day moving average price of $153.93 and a two-hundred day moving average price of $174.00. The company has a market capitalization of $16.98 billion, a PE ratio of 20.82, a PEG ratio of 2.45 and a beta of 1.06. PTC Inc. has a 52 week low of $133.38 and a 52 week high of $219.69. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22.

PTC (NASDAQ:PTC) last released its quarterly earnings data 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 net margin of 28.86% and a return on equity of 24.63%. The business had revenue of $685.83 million during the quarter, compared to analysts’ expectations of $635.44 million. During the same quarter in the prior year, the company earned $1.10 EPS. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Analysts forecast that PTC Inc. will post 4.46 earnings per share for the current year.

Wall Street Analyst Weigh In

PTC has been the subject of a number of recent analyst reports. Barclays assumed coverage on shares of PTC in a research report on Tuesday, March 17th. They set an “overweight” rating and a $180.00 target price for the company. Rosenblatt Securities reduced their target price on PTC from $200.00 to $190.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. 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. Stifel Nicolaus set a $180.00 price target on PTC in a report on Thursday, February 5th. 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 report on Friday, February 6th. 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 data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $182.08.

Insider Buying and Selling

In other news, EVP Staats Aaron C. Von sold 240 shares of the company’s stock in a transaction that occurred 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 owned 22,221 shares in the company, valued at $3,579,803.10. This represents a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Corinna Lathan sold 675 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $157.24, for a total transaction of $106,137.00. Following the completion of the sale, the director directly owned 8,429 shares in the company, valued at $1,325,375.96. This represents a 7.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.

About PTC

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.