PTC Inc. $PTC Shares Sold by Robocap Asset Management Ltd

Robocap Asset Management Ltd cut its stake in PTC Inc. (NASDAQ:PTC) by 69.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,062 shares of the technology company’s stock after selling 18,705 shares during the period. PTC accounts for 1.3% of Robocap Asset Management Ltd’s portfolio, making the stock its 23rd largest position. Robocap Asset Management Ltd’s holdings in PTC were worth $1,404,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in shares of PTC during the third quarter worth $30,000. SJS Investment Consulting Inc. raised its holdings in shares of PTC by 2,257.1% during the third quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock worth $34,000 after purchasing an additional 158 shares during the period. Versant Capital Management Inc raised its holdings in shares of PTC by 37.6% during the third quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock worth $39,000 after purchasing an additional 53 shares during the period. Board of the Pension Protection Fund acquired a new stake in shares of PTC during the fourth quarter worth $35,000. Finally, Quarry LP raised its holdings in shares of PTC by 86.2% during the third quarter. Quarry LP now owns 203 shares of the technology company’s stock worth $41,000 after purchasing an additional 94 shares during the period. 95.14% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at PTC

In other news, Director Corinna Lathan sold 675 shares of the company’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 value of $106,137.00. Following the completion of the sale, the director directly owned 8,429 shares of the company’s stock, valued at approximately $1,325,375.96. This represents a 7.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Staats Aaron C. Von sold 240 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the sale, the executive vice president directly owned 22,221 shares of the company’s stock, valued at approximately $3,579,803.10. This represents a 1.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.29% of the company’s stock.

PTC Stock Up 0.2%

PTC stock opened at $136.53 on Friday. The company has a 50-day simple moving average of $147.05 and a 200-day simple moving average of $165.17. The firm has a market capitalization of $16.25 billion, a P/E ratio of 19.93, a P/E/G ratio of 2.37 and a beta of 0.98. 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 Inc. has a one year low of $130.89 and a one year high of $219.69.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.59 by $0.33. The business had revenue of $685.83 million during the quarter, compared to analyst estimates of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The company’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, equities analysts expect that PTC Inc. will post 6.13 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on PTC shares. Royal Bank Of Canada dropped 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. Barclays started coverage on shares of PTC in a report on Tuesday, March 17th. They set an “overweight” rating and a $180.00 target price on the stock. Weiss Ratings cut shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. BMO Capital Markets dropped their target price on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Finally, Mizuho dropped their target price on shares of PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, March 23rd. Ten 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 company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $180.54.

About PTC

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.