North Dakota State Investment Board Invests $712,000 in PTC Inc. $PTC

North Dakota State Investment Board acquired a new position in shares of PTC Inc. (NASDAQ:PTC) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,089 shares of the technology company’s stock, valued at approximately $712,000.

Several other hedge funds also recently modified their holdings of the company. Trust Point Inc. increased its holdings in shares of PTC by 3.2% during the fourth quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock worth $355,000 after buying an additional 63 shares in the last quarter. Allworth Financial LP increased its holdings in shares of PTC by 23.2% during the fourth quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock worth $68,000 after buying an additional 74 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of PTC by 3.1% during the first quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock worth $387,000 after buying an additional 75 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of PTC by 34.4% during the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after buying an additional 76 shares in the last quarter. Finally, Signaturefd LLC increased its holdings in shares of PTC by 4.7% during the fourth quarter. Signaturefd LLC now owns 1,895 shares of the technology company’s stock worth $330,000 after buying an additional 85 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analyst Upgrades and Downgrades

PTC has been the topic of several research analyst reports. JPMorgan Chase & Co. cut shares of PTC from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $205.00 to $162.00 in a research note on Monday, February 2nd. Oppenheimer decreased their price target on shares of PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 28th. BMO Capital Markets decreased their price target on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research note on Thursday, February 5th. Wall Street Zen raised shares of PTC from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Finally, Mizuho decreased their price target on PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, March 23rd. Ten equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $177.23.

Insider Buying and Selling at PTC

In related news, CAO Alice Christenson sold 816 shares of the business’s stock in a transaction on 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 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Corinna Lathan sold 675 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $157.24, for a total transaction 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. This represents a 7.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.

PTC Trading Down 1.4%

Shares of NASDAQ PTC opened at $145.84 on Friday. The company’s fifty day moving average is $143.10 and its 200-day moving average is $159.51. The stock has a market cap of $16.85 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of 2.18 and a beta of 0.98. PTC Inc. has a twelve month low of $130.89 and a twelve month high of $219.69. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.30.

PTC (NASDAQ:PTC) last announced its quarterly earnings results 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. The company had revenue of $774.30 million for the quarter, compared to analysts’ expectations of $712.40 million. PTC had a net margin of 41.81% and a return on equity of 25.84%. The business’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same period last year, the firm posted $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Equities research analysts predict that PTC Inc. will post 6.3 EPS for the current year.

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.