PTC Inc. $PTC Shares Sold by Renaissance Group LLC

Renaissance Group LLC decreased its position in shares of PTC Inc. (NASDAQ:PTC) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,924 shares of the technology company’s stock after selling 5,130 shares during the quarter. PTC accounts for about 1.4% of Renaissance Group LLC’s holdings, making the stock its 17th biggest position. Renaissance Group LLC’s holdings in PTC were worth $38,152,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in PTC during the third quarter worth $30,000. SJS Investment Consulting Inc. raised its stake in shares of PTC by 2,257.1% during the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock worth $34,000 after buying an additional 158 shares during the last quarter. Versant Capital Management Inc boosted 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 buying an additional 53 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in PTC by 34.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after acquiring an additional 76 shares during the last quarter. Finally, Assetmark Inc. grew its stake in PTC by 339.3% in the 2nd quarter. Assetmark Inc. now owns 268 shares of the technology company’s stock valued at $46,000 after acquiring an additional 207 shares during the last quarter. 95.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Robert W. Baird set a $255.00 target price on shares of PTC in a research report on Wednesday, October 22nd. Oppenheimer cut their price objective on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research report on Wednesday, January 28th. Piper Sandler reduced their target price on PTC from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. JPMorgan Chase & Co. downgraded PTC from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $205.00 to $162.00 in a research report on Monday, February 2nd. Finally, Rosenblatt Securities cut their price target on PTC from $220.00 to $200.00 and set a “buy” rating for the company in a report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $188.08.

PTC Stock Up 1.2%

PTC opened at $155.72 on Friday. PTC Inc. has a 12 month low of $133.38 and a 12 month high of $219.69. The business has a 50-day moving average of $169.69 and a two-hundred day moving average of $189.56. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.63 and a quick ratio of 1.43. The stock has a market capitalization of $18.52 billion, a price-to-earnings ratio of 22.73, a price-to-earnings-growth ratio of 2.57 and a beta of 1.03.

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

Insiders Place Their Bets

In other PTC news, EVP Kristian Talvitie sold 50,291 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the completion of the sale, the executive vice president owned 12,386 shares of the company’s stock, valued at approximately $2,144,512.04. The trade was a 80.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Staats Aaron C. Von sold 6,328 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $174.79, for a total value of $1,106,071.12. Following the sale, the executive vice president owned 22,461 shares of the company’s stock, valued at $3,925,958.19. This represents a 21.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 61,277 shares of company stock valued at $10,624,076. Insiders own 0.29% of the company’s stock.

Key Headlines Impacting PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q1 beat and strong growth — PTC reported $1.92 EPS vs. $1.59 consensus and revenue of ~$685.8M (up ~21% YoY), driven by large deal momentum and IPL strategy traction. PTC Q1 Earnings & Revenues Top
• Positive Sentiment: Upbeat guidance — management gave Q2 EPS guidance of $1.93–$2.54 and revenue guidance of $710M–$770M, above consensus, supporting near‑term revenue and earnings growth expectations. PTC Announces First Fiscal Quarter 2026 Results
• Positive Sentiment: Large buyback and cash focus — PTC outlined a $1.1B–$1.3B share repurchase program and emphasized cash generation, which is supportive for EPS and shareholder returns. PTC outlines $1.1B–$1.3B share repurchases
• Neutral Sentiment: Earnings call color — management highlighted AI initiatives, cash and buybacks as growth drivers; readouts/transcripts provide additional detail but contain no new financials beyond the release. PTC Inc. Earnings Call: Cash, AI and Buybacks Drive Outlook
• Neutral Sentiment: Transcripts and highlights available for drill‑down — investors can review the full Q1 call and transcripts for guidance detail and management commentary. PTC Q1 Earnings Call Highlights Earnings Call Transcript
• Negative Sentiment: Analysts trimmed price targets — several firms (Citigroup, RBC, Rosenblatt, BMO) lowered targets, signaling more cautious near‑term sentiment despite maintained ratings; this likely capped upside and contributed to mixed trading. Benzinga (price target moves) The Fly (RBC target cut)
• Negative Sentiment: Mixed market reaction — some outlets noted shares fell in early trading despite the beat, suggesting that positioning, target cuts and investor expectations on growth/ARR cadence drove volatility. Investing.com (shares fall)

PTC 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.