PTC (NASDAQ:PTC) Stock Sold Off by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of PTC Inc. (NASDAQ:PTC). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in PTC stock on September 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

PTC Stock Down 0.2%

Shares of PTC stock opened at $193.64 on Thursday. PTC Inc. has a one year low of $108.50 and a one year high of $206.82. The stock has a market cap of $21.01 billion, a P/E ratio of 24.37, a price-to-earnings-growth ratio of 2.55 and a beta of 0.99. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a fifty day moving average price of $152.11 and a 200 day moving average price of $139.51.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The firm had revenue of $600.05 million during the quarter, compared to analysts’ expectations of $611.62 million. During the same quarter last year, the company earned $1.64 earnings per share. The company’s revenue for the quarter was down 6.8% compared to the same quarter last year. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Analysts predict that PTC Inc. will post 6.51 earnings per share for the current year.

Insider Buying and Selling at PTC

In other news, Director Corinna Lathan sold 1,750 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $195.75, for a total value of $342,562.50. Following the sale, the director directly owned 6,679 shares of the company’s stock, valued at approximately $1,307,414.25. This represents a 20.76% 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. 0.29% of the stock is owned by corporate insiders.

Institutional Trading of PTC

Several hedge funds have recently bought and sold shares of the stock. Cedar Mountain Advisors LLC acquired a new stake in shares of PTC in the first quarter valued at approximately $36,000. Keating Financial Advisory Services Inc. bought a new stake in PTC during the second quarter worth about $30,000. Integrated Wealth Concepts LLC acquired a new position in shares of PTC during the 2nd quarter worth approximately $32,000. Allworth Financial LP bought a new position in shares of PTC in the second quarter valued at $32,000. Finally, Axiom Investment Management LLC acquired a new stake in PTC in the first quarter valued at $59,000. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Piper Sandler decreased their target price on PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Barclays lowered shares of PTC from an “overweight” rating to an “equal weight” rating and upped their target price for the stock from $155.00 to $205.00 in a research report on Monday, October 5th. BNP Paribas Exane assumed coverage on shares of PTC in a research note on Thursday, June 18th. They set a “neutral” rating and a $130.00 price target on the stock. Wall Street Zen lowered shares of PTC from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Finally, JPMorgan Chase & Co. raised shares of PTC from an “underweight” rating to a “neutral” rating and raised their price target for the company from $145.00 to $205.00 in a report on Monday, October 5th. Two investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $200.06.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About PTC

PTC Inc (NASDAQ: PTC) develops software designed to help manufacturers and other industrial companies create, manage, operate and service physical products. Its portfolio supports product lifecycle management, computer-aided design, application lifecycle management, service lifecycle management, industrial Internet of Things applications and augmented reality.

PTC’s primary products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, Codebeamer for application lifecycle management, and Servigistics for service parts and service operations management.