PTC (NASDAQ:PTC) Stock Sale Reported by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of PTC Inc. (NASDAQ:PTC). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in PTC stock on September 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

PTC Price Performance

Shares of NASDAQ:PTC traded down $0.41 during midday trading on Wednesday, hitting $193.56. The company had a trading volume of 615,843 shares, compared to its average volume of 1,701,718. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. The business’s 50-day simple moving average is $151.02 and its 200-day simple moving average is $139.16. The stock has a market cap of $21.00 billion, a price-to-earnings ratio of 18.72, a price-to-earnings-growth ratio of 2.55 and a beta of 0.99. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $206.82.

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, beating analysts’ consensus estimates of $1.57 by $0.01. The firm had revenue of $600.05 million during the quarter, compared to analyst estimates of $611.62 million. PTC had a net margin of 41.67% and a return on equity of 25.31%. PTC’s quarterly revenue was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.64 earnings per share. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. On average, research analysts predict that PTC Inc. will post 6.51 earnings per share for the current year.

Insider Activity at PTC

In related news, Director Corinna Lathan sold 1,750 shares of PTC stock in a transaction on Monday, October 5th. The stock was sold at an average price of $195.75, for a total transaction of $342,562.50. Following the sale, the director directly owned 6,679 shares in the company, valued at approximately $1,307,414.25. This trade represents a 20.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.29% of the stock is currently owned by corporate insiders.

Institutional Trading of PTC

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cedar Mountain Advisors LLC purchased a new stake in shares of PTC in the first quarter valued at about $36,000. Keating Financial Advisory Services Inc. purchased a new position in PTC during the second quarter worth about $30,000. Integrated Wealth Concepts LLC purchased a new position in PTC during the second quarter worth about $32,000. Allworth Financial LP bought a new stake in PTC in the 2nd quarter worth about $32,000. Finally, Axiom Investment Management LLC bought a new stake in PTC in the 1st quarter worth about $59,000. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on PTC shares. Rosenblatt Securities reaffirmed a “neutral” rating and set a $205.00 price target (up from $190.00) on shares of PTC in a research report on Monday, October 5th. Citigroup increased their price objective on PTC from $141.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 6th. BNP Paribas Exane assumed coverage on PTC in a research report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price objective for the company. Deutsche Bank Aktiengesellschaft cut PTC to a “hold” rating and set a $205.00 target price for the company. in a research note on Monday, October 5th. Finally, Loop Capital downgraded PTC from a “buy” rating to a “hold” rating and lifted their target price for the company from $200.00 to $205.00 in a research report on Monday, October 5th. Two research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, PTC currently has a consensus rating of “Hold” and a consensus price target of $200.06.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About PTC

PTC Inc (NASDAQ: PTC) develops software designed to help manufacturers and other industrial companies create, manage, operate and service physical products. Its portfolio supports product lifecycle management, computer-aided design, application lifecycle management, service lifecycle management, industrial Internet of Things applications and augmented reality.

PTC’s primary products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, Codebeamer for application lifecycle management, and Servigistics for service parts and service operations management.