PTC Inc. $PTC Shares Bought by Dakota Wealth Management

Dakota Wealth Management grew its position in PTC Inc. (NASDAQ:PTC) by 31.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,975 shares of the technology company’s stock after acquiring an additional 9,279 shares during the period. Dakota Wealth Management’s holdings in PTC were worth $7,913,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Skandinaviska Enskilda Banken AB publ grew its holdings in PTC by 8.0% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 90,828 shares of the technology company’s stock worth $18,444,000 after acquiring an additional 6,724 shares during the period. Daiwa Securities Group Inc. boosted its position in shares of PTC by 13.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 74,128 shares of the technology company’s stock worth $12,775,000 after purchasing an additional 8,786 shares in the last quarter. J. Safra Sarasin Holding AG boosted its position in shares of 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 in the last quarter. Nordea Investment Management AB grew its stake in shares of PTC by 2,075.2% during the 3rd quarter. Nordea Investment Management AB now owns 213,911 shares of the technology company’s stock worth $43,420,000 after purchasing an additional 204,077 shares during the period. Finally, Nisa Investment Advisors LLC lifted its stake in shares of PTC by 35.7% in the second quarter. Nisa Investment Advisors LLC now owns 28,678 shares of the technology company’s stock valued at $4,942,000 after purchasing an additional 7,546 shares during the period. 95.14% of the stock is owned by hedge funds and other institutional investors.

PTC Price Performance

Shares of NASDAQ:PTC opened at $153.57 on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22. The business’s fifty day moving average price is $164.85 and its two-hundred day moving average price is $184.89. The stock has a market cap of $18.27 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 2.47 and a beta of 1.03. PTC Inc. has a one year low of $133.38 and a one year high of $219.69.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.33. The company had revenue of $685.83 million during the quarter, compared to analysts’ expectations of $635.44 million. PTC had a return on equity of 24.63% and a net margin of 28.86%.The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, analysts forecast that PTC Inc. will post 4.46 EPS for the current fiscal year.

Analysts Set New Price Targets

PTC has been the topic of a number of research analyst reports. Rosenblatt Securities lowered their target price on shares of PTC from $220.00 to $200.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Wall Street Zen lowered PTC from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 7th. Weiss Ratings downgraded PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Piper Sandler reduced their price objective on PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Finally, Oppenheimer lowered their target price on PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a report on Wednesday, January 28th. Eleven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $188.08.

Insider Transactions at PTC

In other news, EVP Kristian Talvitie sold 50,291 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total value of $8,707,383.74. Following the completion of the transaction, the executive vice president owned 12,386 shares of the company’s stock, valued at $2,144,512.04. The trade was a 80.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Staats Aaron C. Von sold 6,328 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $174.79, for a total transaction of $1,106,071.12. Following the transaction, the executive vice president directly owned 22,461 shares in the company, valued at $3,925,958.19. The trade was a 21.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 61,517 shares of company stock worth $10,662,740. 0.29% of the stock is owned by insiders.

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.