Rep. Kevin Hern Sells Off Shares of PTC Inc. (NASDAQ:PTC)

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 August 31st. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” 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 Performance

NASDAQ PTC traded down $2.13 during trading hours on Tuesday, hitting $137.56. The company had a trading volume of 1,205,441 shares, compared to its average volume of 1,449,001. The business has a fifty day simple moving average of $140.66 and a 200-day simple moving average of $137.37. The firm has a market cap of $14.93 billion, a P/E ratio of 13.30, a price-to-earnings-growth ratio of 1.89 and a beta of 1.00. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40. PTC Inc. has a fifty-two week low of $108.50 and a fifty-two week high of $206.82.

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of PTC. Norges Bank acquired a new stake in shares of PTC during the 4th quarter worth approximately $295,399,000. Forsta AP Fonden raised its stake in PTC by 62.2% during the fourth quarter. Forsta AP Fonden now owns 43,300 shares of the technology company’s stock worth $7,543,000 after acquiring an additional 16,600 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in PTC by 89.3% during the 1st quarter. Renaissance Technologies LLC now owns 389,100 shares of the technology company’s stock valued at $55,443,000 after purchasing an additional 183,600 shares during the last quarter. SCS Capital Management LLC bought a new position in shares of PTC in the second quarter valued at approximately $37,912,000. Finally, Amundi boosted its stake in PTC by 151.9% in the first quarter. Amundi now owns 1,725,555 shares of the technology company’s stock worth $245,885,000 after purchasing an additional 1,040,656 shares in the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Barclays lifted their target price on PTC from $150.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Stifel Nicolaus decreased their price target on shares of PTC from $180.00 to $165.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Citigroup increased their price objective on PTC from $127.00 to $141.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Weiss Ratings restated a “hold (c-)” rating on shares of PTC in a report on Monday, August 3rd. Finally, BNP Paribas Exane began coverage on PTC in a report on Thursday, June 18th. They set a “neutral” rating and a $130.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, PTC has an average rating of “Hold” and a consensus target price of $170.14.

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.