PTC (NASDAQ:PTC) Stock Sale Reported by Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of PTC Inc. (NASDAQ:PTC). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $50,001 and $100,000 in PTC stock on September 9th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

PTC Stock Up 1.1%

NASDAQ:PTC opened at $139.69 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $15.16 billion, a price-to-earnings ratio of 13.51, a price-to-earnings-growth ratio of 1.89 and a beta of 1.00. PTC Inc. has a one year low of $108.50 and a one year high of $206.82. The stock has a 50-day simple moving average of $140.66 and a 200 day simple moving average of $137.37.

PTC (NASDAQ:PTC) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.01. PTC had a return on equity of 25.31% and a net margin of 41.67%.The firm had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. During the same quarter in the prior year, the firm posted $1.64 earnings per share. PTC’s revenue for the quarter was down 6.8% compared to the same quarter last year. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Sell-side analysts predict that PTC Inc. will post 6.54 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of PTC in a research note on Monday, August 3rd. Stifel Nicolaus decreased their price target on shares of PTC from $180.00 to $165.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Barclays boosted their price objective on shares of PTC from $150.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Rosenblatt Securities reiterated a “buy” rating and set a $190.00 price objective on shares of PTC in a research note on Thursday, July 30th. Finally, Piper Sandler cut their target price on shares of PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Seven 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, PTC currently has a consensus rating of “Hold” and an average target price of $170.14.

Hedge Funds Weigh In On PTC

Several hedge funds and other institutional investors have recently modified their holdings of the company. Jupiter Topco LLC bought a new position in PTC in the 2nd quarter worth approximately $418,553,000. Norges Bank bought a new stake in PTC during the 4th quarter valued at $295,399,000. Amundi boosted its position in PTC by 151.9% during the 1st quarter. Amundi now owns 1,725,555 shares of the technology company’s stock worth $245,885,000 after acquiring an additional 1,040,656 shares during the period. Legal & General Group Plc bought a new position in shares of PTC in the second quarter worth $91,045,000. Finally, T. Rowe Price Investment Management Inc. increased its holdings in shares of PTC by 3.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company’s stock valued at $3,202,720,000 after purchasing an additional 602,858 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About PTC

PTC Inc is a technology company that develops software for product design, engineering, manufacturing and service organizations. Its solutions help businesses create, manage and analyze product data throughout the product lifecycle, supporting collaboration from initial design through production and ongoing maintenance.

The company’s portfolio includes Creo computer-aided design software, Windchill product lifecycle management software, and Onshape cloud-native product development tools.