Bridgefront Capital LLC Acquires New Shares in PTC Inc. $PTC

Bridgefront Capital LLC bought a new position in shares of PTC Inc. (NASDAQ:PTC) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 4,726 shares of the technology company’s stock, valued at approximately $959,000.

A number of other institutional investors have also added to or reduced their stakes in PTC. Campbell Newman Asset Management Inc. raised its holdings in shares of PTC by 0.4% in the 3rd quarter. Campbell Newman Asset Management Inc. now owns 12,147 shares of the technology company’s stock valued at $2,466,000 after purchasing an additional 49 shares in the last quarter. Diversified Trust Co lifted its position in shares of PTC by 2.5% in the 3rd quarter. Diversified Trust Co now owns 2,209 shares of the technology company’s stock worth $448,000 after purchasing an additional 53 shares during the period. Versant Capital Management Inc boosted its stake 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 valued at $39,000 after purchasing an additional 53 shares in the last quarter. Archford Capital Strategies LLC increased its holdings in PTC by 1.4% during the third quarter. Archford Capital Strategies LLC now owns 4,695 shares of the technology company’s stock valued at $953,000 after buying an additional 63 shares during the period. Finally, Aviso Financial Inc. increased its holdings in PTC by 4.1% during the second quarter. Aviso Financial Inc. now owns 1,691 shares of the technology company’s stock valued at $291,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Insider Buying and Selling

In other PTC news, EVP Staats Aaron C. Von sold 240 shares of the stock in a transaction dated Wednesday, February 11th. The stock was 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 approximately $3,579,803.10. This trade represents a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.29% of the company’s stock.

PTC Price Performance

NASDAQ PTC opened at $155.89 on Friday. The firm’s fifty day simple moving average is $160.67 and its two-hundred day simple moving average is $180.53. The firm has a market capitalization of $18.55 billion, a P/E ratio of 22.76, a P/E/G ratio of 2.55 and a beta of 1.03. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. PTC Inc. has a 12-month low of $133.38 and a 12-month high of $219.69.

PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.59 by $0.33. The firm 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 business’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Analysts forecast that PTC Inc. will post 4.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on PTC shares. Wall Street Zen lowered PTC from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 7th. Royal Bank Of Canada cut their price target on PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. KeyCorp set a $210.00 price target on PTC in a research report on Thursday, February 5th. Weiss Ratings cut PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, Oppenheimer dropped their price objective on PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 28th. Eleven 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’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $188.08.

PTC 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.