Alice Christenson Sells 816 Shares of PTC (NASDAQ:PTC) Stock

PTC Inc. (NASDAQ:PTC) CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total value of $118,989.12. Following the sale, the chief accounting officer owned 1,265 shares in the company, valued at approximately $184,462.30. The trade was a 39.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

PTC Stock Down 1.2%

NASDAQ PTC traded down $1.70 during mid-day trading on Tuesday, reaching $144.22. 1,075,789 shares of the company’s stock traded hands, compared to its average volume of 1,201,061. PTC Inc. has a 1-year low of $130.89 and a 1-year high of $219.69. The company has a fifty day simple moving average of $145.92 and a 200-day simple moving average of $162.77. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.30. The company has a market cap of $16.66 billion, a price-to-earnings ratio of 13.76, a P/E/G ratio of 2.22 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, beating analysts’ consensus estimates of $2.06 by $0.63. PTC had a return on equity of 25.84% and a net margin of 41.81%.The firm had revenue of $774.30 million during the quarter, compared to analyst estimates of $712.40 million. During the same quarter last year, the firm earned $1.79 EPS. PTC’s quarterly revenue was up 21.7% on a year-over-year basis. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. As a group, equities research analysts expect that PTC Inc. will post 6.13 EPS for the current year.

Key Stories Impacting PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC announced a new Onshape integration with Altium that connects PCB design directly into its cloud-native CAD/PDM workflow, reducing file-based handoffs and improving collaboration between electrical and mechanical teams. That could strengthen Onshape adoption and support future software revenue. PTC Onshape Introduces Direct Altium Integration to Streamline ECAD-MCAD Collaboration
• Positive Sentiment: Analysts reportedly raised their price target on PTC to $155, signaling continued confidence in the company’s outlook and helping reinforce investor optimism. PTC (NASDAQ:PTC) Price Target Raised to $155.00
• Positive Sentiment: PTC was highlighted in a piece focused on its role in smart factories and industrial digital transformation, which may be adding to the market’s long-term growth narrative for the stock. PTC Inc. (PTC) Inc Touted As A Firm That’s At The Heart Of America’s Industrial Revolution
• Neutral Sentiment: PTC management commentary from a recent article emphasized the importance of a coherent ALM-PLM toolchain for autonomous vehicles, reinforcing the company’s positioning in advanced engineering software, though it is more of an industry-view quote than a direct new financial catalyst. Coherent ALM-PLM toolchain crucial to prepare for autonomous vehicles: PTC’s Michele Del Mondo
• Neutral Sentiment: News about a large increase in short interest was not meaningful here because the reported short interest was zero, so it does not appear to be a real bearish signal for PTC.
• Positive Sentiment: PTC also got a boost from a separate headline that Novartis paid $1 billion upfront for a Huntington’s drug from PTC, which may support sentiment around the company’s value-creation capabilities, even though the article is more directly relevant to PTC’s biotech name than the software company. Novartis pays $1bn upfront for Huntington’s drug from PTC

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PTC. Root Financial Partners LLC acquired a new stake in PTC in the 3rd quarter valued at approximately $30,000. Elyxium Wealth LLC bought a new stake in shares of PTC in the 4th quarter worth approximately $27,000. Palladiem LLC bought a new stake in shares of PTC in the 4th quarter worth approximately $28,000. DV Equities LLC bought a new stake in shares of PTC in the 4th quarter worth approximately $29,000. Finally, Versant Capital Management Inc lifted its position in shares of PTC by 37.6% in the 3rd quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock worth $39,000 after acquiring an additional 53 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analyst Ratings Changes

PTC has been the subject of a number of research analyst reports. Citigroup boosted their price target on PTC from $146.00 to $155.00 and gave the company a “neutral” rating in a report on Friday. Mizuho reduced their price objective on PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday, March 23rd. Barclays boosted their price objective on PTC from $180.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. KeyCorp reduced their price target on PTC from $210.00 to $195.00 and set an “overweight” rating for the company in a research report on Tuesday, March 17th. Finally, Stifel Nicolaus set a $180.00 price target on PTC in a research report on Thursday, February 5th. Ten research 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. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $177.23.

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.