PTC Inc. $PTC Shares Purchased by Leeward Investments LLC MA

Leeward Investments LLC MA boosted its stake in shares of PTC Inc. (NASDAQ:PTC) by 8.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 77,829 shares of the technology company’s stock after acquiring an additional 6,189 shares during the quarter. Leeward Investments LLC MA owned 0.07% of PTC worth $11,090,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of PTC. Empowered Funds LLC lifted its stake 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 during the period. Geneos Wealth Management Inc. grew its position in shares of PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after acquiring an additional 76 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of PTC by 68.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 705 shares of the technology company’s stock valued at $121,000 after acquiring an additional 287 shares during the period. Cerity Partners LLC purchased a new position in shares of PTC in the 2nd quarter valued at about $257,000. Finally, Alliancebernstein L.P. increased its stake 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.

PTC Price Performance

Shares of PTC stock opened at $112.33 on Wednesday. The business has a 50 day simple moving average of $136.01 and a two-hundred day simple moving average of $152.04. PTC Inc. has a 12 month low of $108.50 and a 12 month high of $219.69. The stock has a market capitalization of $12.98 billion, a P/E ratio of 10.72, a PEG ratio of 1.69 and a beta of 0.97. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. PTC had a return on equity of 25.84% and a net margin of 41.81%.The firm had revenue of $774.30 million for the quarter, compared to analyst estimates of $712.40 million. During the same period in the previous year, the company posted $1.79 earnings per share. The business’s revenue was up 21.7% on a year-over-year basis. 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, analysts predict that PTC Inc. will post 6.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on PTC. KeyCorp dropped their price objective on PTC from $210.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday, March 17th. Berenberg Bank set a $170.00 target price on PTC in a research note on Wednesday, May 27th. Mizuho dropped their price target on shares of PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, March 23rd. Robert W. Baird set a $198.00 price target on shares of PTC in a report on Thursday, May 7th. Finally, Citigroup upped their price objective on shares of PTC from $146.00 to $155.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Ten equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, PTC currently has a consensus rating of “Moderate Buy” and a consensus target price of $173.60.

Insider Activity

In other news, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total transaction of $118,989.12. Following the completion of the sale, the chief accounting officer owned 1,265 shares of the company’s stock, valued at $184,462.30. This represents a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.29% of the stock is owned by insiders.

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.