Cramer Rosenthal Mcglynn LLC Sells 18,660 Shares of PTC Inc. $PTC

Cramer Rosenthal Mcglynn LLC lowered its stake in shares of PTC Inc. (NASDAQ:PTC) by 20.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 72,941 shares of the technology company’s stock after selling 18,660 shares during the quarter. Cramer Rosenthal Mcglynn LLC’s holdings in PTC were worth $14,808,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new stake in PTC during the third quarter valued at about $30,000. SJS Investment Consulting Inc. increased its position in shares of PTC by 2,257.1% during the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock valued at $34,000 after purchasing an additional 158 shares during the last quarter. Versant Capital Management Inc increased its position in shares of PTC by 37.6% during the 3rd 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 during the last quarter. Assetmark Inc. raised its holdings in shares of PTC by 339.3% during the 2nd quarter. Assetmark Inc. now owns 268 shares of the technology company’s stock valued at $46,000 after buying an additional 207 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in PTC by 34.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after buying an additional 76 shares during the last quarter. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

PTC Stock Performance

Shares of NASDAQ:PTC opened at $164.25 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. The company has a market cap of $19.55 billion, a price-to-earnings ratio of 23.98, a price-to-earnings-growth ratio of 2.66 and a beta of 1.03. PTC Inc. has a 12 month low of $133.38 and a 12 month high of $219.69. The company has a 50-day moving average price of $162.43 and a 200-day moving average price of $182.92.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.33. PTC had a return on equity of 24.63% and a net margin of 28.86%.The business had revenue of $685.83 million during the quarter, compared to analyst estimates of $635.44 million. During the same quarter in the prior year, the company posted $1.10 EPS. PTC’s quarterly revenue was up 21.4% compared to the same quarter last year. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, equities analysts anticipate that PTC Inc. will post 4.46 EPS for the current year.

Insiders Place Their Bets

In other PTC news, EVP Staats Aaron C. Von sold 6,328 shares of the company’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $174.79, for a total value of $1,106,071.12. Following the completion of the transaction, the executive vice president directly owned 22,461 shares in the company, valued at approximately $3,925,958.19. This represents a 21.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kristian Talvitie sold 50,291 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the transaction, the executive vice president owned 12,386 shares in the company, valued at $2,144,512.04. This represents a 80.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 59,197 shares of company stock worth $10,260,591. Insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on PTC. Oppenheimer decreased their price target 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. Royal Bank Of Canada lowered their price target on shares of PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. Wall Street Zen cut PTC from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 7th. BMO Capital Markets decreased their price objective on PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Finally, Rosenblatt Securities dropped their target price on PTC from $220.00 to $200.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $188.08.

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.