PTC Inc. $PTC Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its stake in PTC Inc. (NASDAQ:PTC) by 21.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,751 shares of the technology company’s stock after purchasing an additional 3,944 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in PTC were worth $3,963,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Campbell Newman Asset Management Inc. increased its stake in PTC by 0.4% during the 3rd quarter. Campbell Newman Asset Management Inc. now owns 12,147 shares of the technology company’s stock valued at $2,466,000 after purchasing an additional 49 shares in the last quarter. Diversified Trust Co lifted its stake in shares of PTC by 2.5% during the third quarter. Diversified Trust Co now owns 2,209 shares of the technology company’s stock worth $448,000 after buying an additional 53 shares during the period. Versant Capital Management Inc lifted its stake in shares of 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 buying an additional 53 shares during the period. Archford Capital Strategies LLC grew its holdings in shares of PTC by 1.4% during the third quarter. Archford Capital Strategies LLC now owns 4,695 shares of the technology company’s stock valued at $953,000 after buying an additional 63 shares during the last quarter. Finally, Trust Point Inc. increased its position in shares of PTC by 3.2% in the 4th quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock valued at $355,000 after acquiring an additional 63 shares during the period. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on PTC. Royal Bank Of Canada cut their price objective on PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Citigroup decreased their target price on PTC from $181.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Stifel Nicolaus set a $180.00 target price on PTC in a research report on Thursday, February 5th. Mizuho cut their price objective on shares of PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, March 23rd. Finally, Oppenheimer reduced 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. Eleven 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. Based on data from MarketBeat.com, PTC currently has an average rating of “Moderate Buy” and an average price target of $182.08.

Insiders Place Their Bets

In related news, Director Corinna Lathan sold 675 shares of the firm’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 sale, the director owned 8,429 shares in the company, valued at approximately $1,325,375.96. This trade represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Staats Aaron C. Von sold 240 shares of PTC 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 directly owned 22,221 shares of the company’s stock, valued at $3,579,803.10. The trade was a 1.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.29% of the company’s stock.

PTC Trading Up 0.1%

Shares of NASDAQ:PTC opened at $140.93 on Wednesday. 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 12-month low of $130.89 and a 12-month high of $219.69. The business has a 50 day moving average of $149.49 and a two-hundred day moving average of $168.10. The company has a market capitalization of $16.77 billion, a PE ratio of 20.57, a PEG ratio of 2.45 and a beta of 1.06.

PTC (NASDAQ:PTC) last issued 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. The business 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 business’s revenue was up 21.4% on a year-over-year basis. During the same quarter last year, the company earned $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, analysts forecast that PTC Inc. will post 6.13 EPS for the current 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.