PTC Inc. $PTC Shares Purchased by North Star Asset Management Inc.

North Star Asset Management Inc. increased its holdings in shares of PTC Inc. (NASDAQ:PTC) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 160,978 shares of the technology company’s stock after acquiring an additional 5,040 shares during the quarter. PTC makes up approximately 1.1% of North Star Asset Management Inc.’s holdings, making the stock its 27th biggest holding. North Star Asset Management Inc.’s holdings in PTC were worth $28,044,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new stake in PTC during the fourth quarter worth about $27,000. Root Financial Partners LLC acquired a new stake in shares of PTC in the third quarter valued at approximately $30,000. Board of the Pension Protection Fund acquired a new stake in shares of PTC in the fourth quarter valued at approximately $35,000. Rakuten Securities Inc. increased its stake in shares of PTC by 2,725.0% in the fourth quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock valued at $39,000 after purchasing an additional 218 shares during the period. Finally, Quarry LP increased its stake in shares of PTC by 86.2% in the third quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after purchasing an additional 94 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analysts Set New Price Targets

PTC has been the topic of several analyst reports. Robert W. Baird set a $198.00 price target on shares of PTC in a research note on Thursday, May 7th. JPMorgan Chase & Co. lowered shares of PTC from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $205.00 to $162.00 in a research note on Monday, February 2nd. Stifel Nicolaus set a $180.00 price target on shares of PTC in a research note on Thursday, February 5th. Oppenheimer dropped 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. Finally, Wall Street Zen lowered shares of PTC from a “buy” rating to a “hold” rating in a research note on Saturday. Ten investment 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 a consensus target price of $177.23.

Insider Buying and Selling

In related news, Director Corinna Lathan sold 675 shares of the firm’s stock in a transaction that occurred 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 approximately $1,325,375.96. This trade represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total transaction of $118,989.12. Following the sale, the chief accounting officer owned 1,265 shares of the company’s stock, valued at $184,462.30. The trade was a 39.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.29% of the company’s stock.

PTC Trading Up 1.6%

PTC stock opened at $148.23 on Friday. The firm has a 50 day simple moving average of $142.88 and a 200-day simple moving average of $159.44. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market capitalization of $17.12 billion, a PE ratio of 14.14, a price-to-earnings-growth ratio of 2.18 and a beta of 0.98. PTC Inc. has a 12-month low of $130.89 and a 12-month high of $219.69.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.63. The business had revenue of $774.30 million during 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 revenue was up 21.7% on a year-over-year basis. 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. As a group, equities research analysts expect that PTC Inc. will post 6.3 EPS for the current fiscal year.

PTC Company 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.