PTC Inc. $PTC Shares Sold by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich decreased its holdings in PTC Inc. (NASDAQ:PTC) by 46.1% in the fourth quarter, Holdings Channel reports. The firm owned 51,074 shares of the technology company’s stock after selling 43,616 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in PTC were worth $8,935,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of PTC by 8.0% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 90,828 shares of the technology company’s stock valued at $18,444,000 after acquiring an additional 6,724 shares in the last quarter. Nordea Investment Management AB boosted its stake in PTC by 25.9% in the 4th quarter. Nordea Investment Management AB now owns 269,396 shares of the technology company’s stock worth $47,136,000 after purchasing an additional 55,485 shares in the last quarter. J. Safra Sarasin Holding AG grew its position in PTC by 15.4% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 46,966 shares of the technology company’s stock worth $9,535,000 after purchasing an additional 6,281 shares during the last quarter. Dakota Wealth Management grew its position in PTC by 31.2% during the 3rd quarter. Dakota Wealth Management now owns 38,975 shares of the technology company’s stock worth $7,913,000 after purchasing an additional 9,279 shares during the last quarter. Finally, Congress Asset Management Co. increased its stake in PTC by 11.6% during the 4th quarter. Congress Asset Management Co. now owns 163,512 shares of the technology company’s stock valued at $28,485,000 after purchasing an additional 17,020 shares in the last quarter. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

PTC Stock Down 0.7%

PTC stock opened at $139.85 on Friday. PTC Inc. has a one year low of $130.89 and a one year high of $219.69. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23. The firm’s fifty day moving average is $144.86 and its 200 day moving average is $161.45. The firm has a market cap of $16.15 billion, a PE ratio of 13.34, a P/E/G ratio of 2.13 and a beta of 0.98.

PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. PTC had a net margin of 41.81% and a return on equity of 25.84%. The business had revenue of $774.30 million during the quarter, compared to the consensus estimate of $712.40 million. During the same quarter in the prior year, the firm posted $1.79 earnings per share. The company’s revenue was up 21.7% compared to the same quarter last year. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, research analysts forecast that PTC Inc. will post 6.13 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on PTC. Barclays lifted their price objective on shares of PTC from $180.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. KeyCorp reduced their target price on PTC from $210.00 to $195.00 and set an “overweight” rating for the company in a research note on Tuesday, March 17th. Oppenheimer lowered their price target on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research report on Wednesday, January 28th. Stifel Nicolaus set a $180.00 price target on PTC in a research note on Thursday, February 5th. Finally, BMO Capital Markets cut their price objective on PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Ten analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, PTC currently has an average rating of “Moderate Buy” and a consensus price target of $177.23.

Insider Transactions at PTC

In other news, Director Corinna Lathan sold 675 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $157.24, for a total value 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. The trade was a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total value of $118,989.12. Following the transaction, the chief accounting officer directly owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. The trade was a 39.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate 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.