Catalyst Capital Advisors LLC maintained its position in shares of PTC Inc. (NASDAQ:PTC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,000 shares of the technology company’s stock at the end of the second quarter. Catalyst Capital Advisors LLC’s holdings in PTC were worth $9,756,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Guggenheim Capital LLC increased its position in shares of PTC by 122.3% in the fourth quarter. Guggenheim Capital LLC now owns 26,804 shares of the technology company’s stock valued at $1,241,000 after buying an additional 14,745 shares in the last quarter. AQR Capital Management LLC increased its position in shares of PTC by 115.2% in the fourth quarter. AQR Capital Management LLC now owns 16,700 shares of the technology company’s stock valued at $773,000 after buying an additional 8,941 shares in the last quarter. Teachers Advisors LLC increased its position in shares of PTC by 235.8% in the fourth quarter. Teachers Advisors LLC now owns 369,978 shares of the technology company’s stock valued at $17,119,000 after buying an additional 259,801 shares in the last quarter. Highbridge Capital Management LLC increased its position in shares of PTC by 272.0% in the fourth quarter. Highbridge Capital Management LLC now owns 9,805 shares of the technology company’s stock valued at $454,000 after buying an additional 15,505 shares in the last quarter. Finally, Capstone Asset Management Co. increased its position in shares of PTC by 6.0% in the first quarter. Capstone Asset Management Co. now owns 9,409 shares of the technology company’s stock valued at $494,000 after buying an additional 530 shares in the last quarter. Institutional investors and hedge funds own 96.40% of the company’s stock.

Shares of PTC Inc. (NASDAQ:PTC) opened at 53.34 on Friday. The firm has a 50 day moving average price of $55.82 and a 200 day moving average price of $54.87. PTC Inc. has a 12-month low of $41.14 and a 12-month high of $60.22. The stock’s market cap is $6.17 billion.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, July 19th. The technology company reported $0.28 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.28. The firm had revenue of $291.92 million during the quarter, compared to analyst estimates of $290.55 million. PTC had a positive return on equity of 6.69% and a negative net margin of 3.46%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.26 earnings per share. On average, equities analysts expect that PTC Inc. will post $1.20 EPS for the current year.

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PTC has been the subject of several analyst reports. Guggenheim restated a “neutral” rating and issued a $50.00 target price on shares of PTC in a research note on Tuesday, April 18th. Evercore ISI restated a “buy” rating and issued a $65.00 target price on shares of PTC in a research note on Thursday, April 20th. Wedbush raised their target price on PTC from $59.00 to $64.00 and gave the stock an “outperform” rating in a research note on Thursday, April 20th. Griffin Securities raised their target price on PTC from $55.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, April 20th. Finally, Barclays PLC raised their target price on PTC from $60.00 to $67.00 and gave the stock an “overweight” rating in a research note on Thursday, April 20th. Two analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $62.25.

In related news, VP Staats Aaron C. Von sold 5,750 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $55.26, for a total transaction of $317,745.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Barry F. Cohen sold 27,374 shares of the stock in a transaction that occurred on Friday, July 21st. The shares were sold at an average price of $54.67, for a total value of $1,496,536.58. Following the transaction, the executive vice president now directly owns 79,729 shares of the company’s stock, valued at $4,358,784.43. The disclosure for this sale can be found here. In the last ninety days, insiders sold 65,329 shares of company stock valued at $3,588,097. Corporate insiders own 1.11% of the company’s stock.

About PTC

PTC Inc is a global computer software and services company. The Company offers a portfolio of computer-aided design (CAD) modeling, product lifecycle management (PLM) and service lifecycle management (SLM) solutions for manufacturers to create, operate, and service products. It offers a suite of Internet of Things (IoT) solutions that enables its customers to connect, manage and analyze data, and create applications.

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Institutional Ownership by Quarter for PTC (NASDAQ:PTC)

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