OP Asset Management Ltd Buys New Position in PTC Inc. $PTC

OP Asset Management Ltd purchased a new position in shares of PTC Inc. (NASDAQ:PTC) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 13,834 shares of the technology company’s stock, valued at approximately $1,971,000.

Other large investors also recently bought and sold shares of the company. Elyxium Wealth LLC purchased a new stake in shares of PTC during the fourth quarter valued at approximately $27,000. Palladiem LLC purchased a new position in shares of PTC in the fourth quarter valued at $28,000. DV Equities LLC purchased a new position in shares of PTC in the fourth quarter valued at $29,000. Board of the Pension Protection Fund acquired a new stake in PTC during the 4th quarter valued at $35,000. Finally, Quarry LP grew its holdings in PTC by 86.2% during the 3rd quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after purchasing an additional 94 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on PTC shares. Wall Street Zen lowered shares of PTC from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings lowered PTC from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Berenberg Bank set a $170.00 price target on PTC in a research note on Wednesday, May 27th. Rosenblatt Securities reissued a “buy” rating and issued a $190.00 price target on shares of PTC in a report on Tuesday, May 5th. Finally, Robert W. Baird set a $198.00 price objective on PTC in a research note on Thursday, May 7th. Ten investment 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. Based on data from MarketBeat, PTC has a consensus rating of “Moderate Buy” and a consensus price target of $173.60.

PTC Stock Performance

NASDAQ PTC opened at $115.72 on Monday. PTC Inc. has a 12 month low of $108.50 and a 12 month high of $219.69. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23. The company has a market capitalization of $13.37 billion, a price-to-earnings ratio of 11.04, a price-to-earnings-growth ratio of 1.69 and a beta of 0.97. The company’s fifty day moving average price is $134.74 and its two-hundred day moving average price is $150.73.

PTC (NASDAQ:PTC) last announced its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.63. The company had revenue of $774.30 million during the quarter, compared to analyst estimates of $712.40 million. PTC had a net margin of 41.81% and a return on equity of 25.84%. The firm’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same period last year, the business earned $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, research analysts predict that PTC Inc. will post 6.35 earnings per share for the current fiscal year.

Insider Buying and Selling

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

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.