Independent Family Office LLC Trims Position in PTC Inc. $PTC

Independent Family Office LLC lowered its stake in PTC Inc. (NASDAQ:PTC) by 2.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 121,934 shares of the technology company’s stock after selling 3,540 shares during the period. PTC makes up approximately 10.5% of Independent Family Office LLC’s holdings, making the stock its 3rd largest holding. Independent Family Office LLC’s holdings in PTC were worth $24,755,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank purchased a new stake in PTC during the 2nd quarter valued at about $155,673,000. Vanguard Group Inc. grew its position in PTC by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 14,748,971 shares of the technology company’s stock worth $2,541,838,000 after acquiring an additional 416,791 shares during the last quarter. Lazard Asset Management LLC increased its stake in PTC by 31.4% in the 2nd quarter. Lazard Asset Management LLC now owns 1,547,622 shares of the technology company’s stock worth $266,715,000 after purchasing an additional 370,097 shares during the period. Geode Capital Management LLC lifted its position in PTC by 8.4% in the second quarter. Geode Capital Management LLC now owns 3,415,785 shares of the technology company’s stock valued at $586,438,000 after purchasing an additional 265,558 shares during the last quarter. Finally, State Street Corp lifted its position in PTC by 4.0% in the second quarter. State Street Corp now owns 5,372,296 shares of the technology company’s stock valued at $925,861,000 after purchasing an additional 205,029 shares during the last quarter. Institutional investors own 95.14% of the company’s stock.

Insider Buying and Selling

In other PTC news, EVP Staats Aaron C. Von sold 240 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total value of $38,664.00. Following the completion of the transaction, the executive vice president directly owned 22,221 shares in the company, valued at approximately $3,579,803.10. This represents a 1.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.29% of the company’s stock.

PTC Price Performance

Shares of PTC stock opened at $159.13 on Thursday. The firm has a market cap of $18.94 billion, a P/E ratio of 23.23, a P/E/G ratio of 2.61 and a beta of 1.03. PTC Inc. has a fifty-two week low of $133.38 and a fifty-two week high of $219.69. The business’s 50 day moving average price is $161.29 and its 200-day moving average price is $181.33. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22.

PTC (NASDAQ:PTC) last announced its earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.33. PTC had a return on equity of 24.63% and a net margin of 28.86%.The company had revenue of $685.83 million during the quarter, compared to the consensus estimate of $635.44 million. During the same quarter in the prior year, the company earned $1.10 earnings per share. The firm’s revenue for the quarter 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, equities research analysts anticipate that PTC Inc. will post 4.46 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on PTC shares. Royal Bank Of Canada cut their target price on shares of PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. KeyCorp set a $210.00 price target on shares of PTC in a report on Thursday, February 5th. Rosenblatt Securities dropped their price target on shares of PTC from $220.00 to $200.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Stifel Nicolaus set a $180.00 price target on shares of PTC in a report on Thursday, February 5th. Finally, Oppenheimer decreased their price objective on shares of PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $188.08.

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.