PTC Inc. $PTC Shares Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd grew its holdings in shares of PTC Inc. (NASDAQ:PTC) by 233.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,898 shares of the technology company’s stock after buying an additional 22,333 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in PTC were worth $4,545,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PTC. Norges Bank purchased a new position in shares of PTC in the 4th quarter valued at $295,399,000. T. Rowe Price Investment Management Inc. increased its holdings in PTC by 3.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company’s stock valued at $3,202,720,000 after purchasing an additional 602,858 shares in the last quarter. Pictet Asset Management Holding SA increased its holdings in PTC by 17.8% in the 1st quarter. Pictet Asset Management Holding SA now owns 3,505,930 shares of the technology company’s stock valued at $499,525,000 after purchasing an additional 529,208 shares in the last quarter. Voloridge Investment Management LLC raised its position in PTC by 856.8% in the third quarter. Voloridge Investment Management LLC now owns 465,814 shares of the technology company’s stock valued at $94,570,000 after purchasing an additional 417,130 shares during the period. Finally, Invesco Ltd. raised its position in PTC by 26.8% in the fourth quarter. Invesco Ltd. now owns 1,710,141 shares of the technology company’s stock valued at $297,924,000 after purchasing an additional 361,038 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on PTC shares. Mizuho decreased their target price on PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday, March 23rd. Citigroup raised their target price on PTC from $146.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Rosenblatt Securities reissued a “buy” rating and set a $190.00 price target on shares of PTC in a research report on Tuesday, May 5th. KeyCorp decreased their price target on PTC from $210.00 to $195.00 and set an “overweight” rating for the company in a report on Tuesday, March 17th. Finally, Robert W. Baird set a $198.00 price objective on shares of PTC in a research report on Thursday, May 7th. Ten analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, PTC currently has an average rating of “Moderate Buy” and an average price target of $173.60.

Insider Activity at PTC

In other news, CAO Alice Christenson sold 816 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total transaction of $118,989.12. Following the completion of the transaction, the chief accounting officer directly owned 1,265 shares in the company, valued at approximately $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 SEC, which is accessible through the SEC website. Insiders own 0.29% of the company’s stock.

PTC Stock Performance

NASDAQ PTC opened at $124.55 on Monday. PTC Inc. has a one year low of $108.50 and a one year high of $219.69. The company has a 50-day simple moving average of $132.67 and a 200-day simple moving average of $148.75. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a market capitalization of $14.39 billion, a PE ratio of 11.88, a price-to-earnings-growth ratio of 1.82 and a beta of 0.99.

PTC (NASDAQ:PTC) last released 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. PTC had a net margin of 41.81% and a return on equity of 25.84%. The firm had revenue of $774.30 million for the quarter, compared to analyst estimates of $712.40 million. During the same quarter in the prior year, the business earned $1.79 earnings per share. PTC’s quarterly 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. On average, equities analysts forecast that PTC Inc. will post 6.35 earnings per share for the current year.

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.