PTC Inc. $PTC Shares Sold by Barclays PLC

Barclays PLC lessened its stake in shares of PTC Inc. (NASDAQ:PTC) by 15.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 836,681 shares of the technology company’s stock after selling 158,307 shares during the quarter. Barclays PLC owned about 0.70% of PTC worth $145,758,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Elyxium Wealth LLC purchased a new position in shares of PTC during the 4th quarter worth $27,000. Palladiem LLC acquired a new stake in PTC in the 4th quarter valued at $28,000. Board of the Pension Protection Fund acquired a new stake in PTC in the 4th quarter valued at $35,000. Rakuten Securities Inc. grew its stake in shares of PTC by 2,725.0% during the fourth quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock valued at $39,000 after acquiring an additional 218 shares in the last quarter. Finally, Quarry LP grew its stake in shares of PTC by 86.2% during the third quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after acquiring an additional 94 shares in the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Analysts Set New Price Targets

PTC has been the subject of a number of research reports. Mizuho decreased their price target on PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, March 23rd. Berenberg Bank set a $170.00 price target on PTC in a report on Wednesday, May 27th. Robert W. Baird set a $198.00 price target on PTC in a report on Thursday, May 7th. Wall Street Zen raised PTC from a “hold” rating to a “buy” rating in a report on Sunday, May 31st. Finally, KeyCorp dropped their price target on PTC from $210.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday, March 17th. Ten 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $176.71.

PTC Trading Up 1.0%

NASDAQ PTC opened at $114.85 on Tuesday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.30. PTC Inc. has a 1-year low of $108.50 and a 1-year high of $219.69. The firm’s fifty day simple moving average is $139.13 and its 200-day simple moving average is $154.57. The company has a market capitalization of $13.27 billion, a PE ratio of 10.96, a price-to-earnings-growth ratio of 1.67 and a beta of 0.97.

PTC (NASDAQ:PTC) last announced its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.06 by $0.63. PTC had a return on equity of 25.84% and a net margin of 41.81%.The business had revenue of $774.30 million during the quarter, compared to analyst estimates of $712.40 million. During the same period last year, the company earned $1.79 earnings per share. PTC’s quarterly revenue was up 21.7% compared to the same quarter last year. 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, sell-side analysts anticipate that PTC Inc. will post 6.32 earnings per share for the current fiscal year.

Insider Activity

In related news, CAO Alice Christenson sold 816 shares of PTC 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 completion of the sale, the chief accounting officer 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.29% of the company’s stock.

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.