PTC (NASDAQ:PTC) Share Price Crosses Above 200 Day Moving Average – Here’s Why

PTC Inc. (NASDAQ:PTC) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $141.36 and traded as high as $194.38. PTC shares last traded at $194.38, with a volume of 1,894,255 shares trading hands.

Analysts Set New Price Targets

A number of research firms have weighed in on PTC. Rosenblatt Securities reaffirmed a “neutral” rating and set a $205.00 price objective (up from $190.00) on shares of PTC in a report on Monday, October 5th. Weiss Ratings upgraded shares of PTC from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, October 6th. Robert W. Baird lowered PTC from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Wall Street Zen cut shares of PTC from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Finally, BMO Capital Markets lowered shares of PTC from an “outperform” rating to a “market perform” rating and lifted their target price for the stock from $164.00 to $205.00 in a report on Tuesday, October 6th. Two analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $200.06.

PTC Stock Performance

The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.03 and a current ratio of 1.03. The company has a fifty day moving average of $157.35 and a two-hundred day moving average of $141.72. The firm has a market capitalization of $21.03 billion, a price-to-earnings ratio of 18.74, a PEG ratio of 2.55 and a beta of 0.99.

PTC (NASDAQ:PTC) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The firm had revenue of $600.05 million for the quarter, compared to the consensus estimate of $611.62 million. During the same period in the prior year, the company posted $1.64 earnings per share. The business’s revenue for the quarter was down 6.8% on a year-over-year basis. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. As a group, equities research analysts predict that PTC Inc. will post 6.51 earnings per share for the current fiscal year.

Insider Buying and Selling at PTC

In other PTC news, Director Corinna Lathan sold 1,750 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $195.75, for a total value of $342,562.50. Following the sale, the director owned 6,679 shares in the company, valued at approximately $1,307,414.25. The trade was a 20.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.29% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. State Street Corp raised its stake in PTC by 10.2% during the 2nd quarter. State Street Corp now owns 6,452,323 shares of the technology company’s stock worth $733,048,000 after buying an additional 596,955 shares during the period. Jupiter Topco LLC acquired a new stake in PTC in the 2nd quarter valued at $418,553,000. Janus Henderson Group PLC grew its position in PTC by 0.3% in the 1st quarter. Janus Henderson Group PLC now owns 3,530,070 shares of the technology company’s stock valued at $503,000,000 after purchasing an additional 11,278 shares during the period. Pictet Asset Management Holding SA increased its stake in PTC by 17.8% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,505,930 shares of the technology company’s stock valued at $499,525,000 after purchasing an additional 529,208 shares in the last quarter. Finally, Amundi raised its holdings in PTC by 151.9% during the first quarter. Amundi now owns 1,725,555 shares of the technology company’s stock worth $245,885,000 after buying an additional 1,040,656 shares during the last quarter. 95.14% of the stock is owned by institutional investors.

PTC Company Profile

PTC Inc (NASDAQ: PTC) develops software that helps manufacturers and other industrial companies design, manage, and optimize products and production processes. Its portfolio supports computer-aided design, product lifecycle management, digital manufacturing, and industrial Internet of Things initiatives.

The company’s products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, and Codebeamer for application lifecycle management. PTC also offers ThingWorx for industrial connectivity and IoT applications, Kepware for industrial automation connectivity, and Vuforia for augmented reality solutions.

Founded in 1985, PTC serves customers globally across industries such as automotive, aerospace and defense, industrial equipment, electronics, and life sciences.