150,000 Shares in PTC Inc. $PTC Acquired by Tensor Edge Capital LLC

Tensor Edge Capital LLC bought a new stake in PTC Inc. (NASDAQ:PTC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 150,000 shares of the technology company’s stock, valued at approximately $26,132,000. PTC makes up approximately 7.4% of Tensor Edge Capital LLC’s investment portfolio, making the stock its 6th largest position.

A number of other institutional investors also recently made changes to their positions in PTC. Empowered Funds LLC raised its position in shares of PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after purchasing an additional 75 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of PTC by 34.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after purchasing an additional 76 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of PTC by 68.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 705 shares of the technology company’s stock valued at $121,000 after purchasing an additional 287 shares in the last quarter. Cerity Partners LLC acquired a new position in shares of PTC in the 2nd quarter valued at approximately $257,000. Finally, Alliancebernstein L.P. raised its position in shares of PTC by 3.2% in the 2nd quarter. Alliancebernstein L.P. now owns 132,962 shares of the technology company’s stock valued at $22,915,000 after purchasing an additional 4,176 shares in the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

PTC has been the topic of a number of recent analyst reports. BMO Capital Markets cut their target price on PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Weiss Ratings lowered PTC from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Oppenheimer dropped their price target on PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 28th. JPMorgan Chase & Co. lowered 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 report on Monday, February 2nd. Finally, Wall Street Zen raised PTC from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Ten analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $177.23.

PTC Stock Performance

PTC stock opened at $147.96 on Thursday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.30. The firm has a market cap of $17.09 billion, a P/E ratio of 14.12, a P/E/G ratio of 2.14 and a beta of 0.98. PTC Inc. has a 12-month low of $130.89 and a 12-month high of $219.69. The stock’s 50 day simple moving average is $143.38 and its 200 day simple moving average is $159.89.

PTC (NASDAQ:PTC) last posted its quarterly earnings results 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 for the quarter, compared to analyst estimates of $712.40 million. PTC had a return on equity of 25.84% and a net margin of 41.81%.The business’s revenue was up 21.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.79 EPS. 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 predict that PTC Inc. will post 6.3 EPS for the current year.

Insiders Place Their Bets

In related news, Director Corinna Lathan sold 675 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $157.24, for a total transaction of $106,137.00. Following the completion of the transaction, the director directly owned 8,429 shares in the company, valued at $1,325,375.96. This represents a 7.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total value of $118,989.12. Following the transaction, the chief accounting officer owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. The trade was a 39.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by corporate insiders.

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.