26,193 Shares in PTC Inc. $PTC Acquired by Magnetar Financial LLC

Magnetar Financial LLC bought a new stake in shares of PTC Inc. (NASDAQ:PTC) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 26,193 shares of the technology company’s stock, valued at approximately $5,318,000.

A number of other hedge funds also recently modified their holdings of the business. Van ECK Associates Corp boosted its position in shares of PTC by 18.1% in the third quarter. Van ECK Associates Corp now owns 1,799 shares of the technology company’s stock worth $365,000 after buying an additional 276 shares during the period. FourThought Financial Partners LLC purchased a new position in shares of PTC during the third quarter valued at $223,000. Bank of Montreal Can raised its position in PTC by 9.9% during the third quarter. Bank of Montreal Can now owns 103,961 shares of the technology company’s stock valued at $21,106,000 after buying an additional 9,376 shares during the period. Fieldview Capital Management LLC acquired a new position in PTC during the third quarter valued at $1,207,000. Finally, WINTON GROUP Ltd purchased a new stake in PTC in the 3rd quarter worth about $1,717,000. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Insiders Place Their Bets

In other PTC news, EVP Staats Aaron C. Von sold 240 shares of PTC stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total value of $38,664.00. Following the completion of the sale, the executive vice president directly owned 22,221 shares in the company, valued at $3,579,803.10. The trade was a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.29% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on PTC. KeyCorp set a $210.00 target price on PTC in a research note on Thursday, February 5th. Royal Bank Of Canada reduced their price target on shares of PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Citigroup decreased their price target on shares of PTC from $181.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Wall Street Zen downgraded shares of PTC from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Oppenheimer dropped their price objective 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. Eleven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, PTC has a consensus rating of “Moderate Buy” and an average price target of $188.08.

PTC Stock Performance

Shares of PTC stock opened at $159.13 on Thursday. PTC Inc. has a fifty-two week low of $133.38 and a fifty-two week high of $219.69. The stock’s 50-day moving average is $161.29 and its two-hundred day moving average is $181.33. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $18.94 billion, a P/E ratio of 23.23, a PEG ratio of 2.61 and a beta of 1.03.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, beating 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 return on equity of 24.63% and a net margin of 28.86%.The firm’s revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Analysts predict that PTC Inc. will post 4.46 earnings per share 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.