PTC Therapeutics (NASDAQ: PTCT) has recently received a number of price target changes and ratings updates:
- 8/22/2026 – PTC Therapeutics was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 8/17/2026 – PTC Therapeutics was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
- 8/14/2026 – PTC Therapeutics had its price target raised by Barclays PLC from $120.00 to $122.00. They now have an “overweight” rating on the stock.
- 8/13/2026 – PTC Therapeutics had its price target raised by Wells Fargo & Company from $106.00 to $109.00. They now have an “overweight” rating on the stock.
- 8/6/2026 – PTC Therapeutics was downgraded by Zacks Research from “strong-buy” to “hold”.
- 8/1/2026 – PTC Therapeutics was upgraded by Wall Street Zen from “hold” to “strong-buy”.
- 7/31/2026 – PTC Therapeutics was upgraded by Weiss Ratings from “sell (d)” to “sell (d+)”.
- 7/31/2026 – PTC Therapeutics had its price target raised by Morgan Stanley from $93.00 to $104.00. They now have an “overweight” rating on the stock.
- 7/31/2026 – PTC Therapeutics had its price target raised by Wells Fargo & Company from $93.00 to $106.00. They now have an “overweight” rating on the stock.
- 7/20/2026 – PTC Therapeutics had its price target lowered by Wells Fargo & Company from $95.00 to $93.00. They now have an “overweight” rating on the stock.
- 7/16/2026 – PTC Therapeutics had its price target raised by Cantor Fitzgerald from $124.00 to $130.00. They now have an “overweight” rating on the stock.
- 7/7/2026 – PTC Therapeutics had its price target raised by Royal Bank Of Canada from $82.00 to $85.00. They now have a “sector perform” rating on the stock.
- 7/7/2026 – PTC Therapeutics was upgraded by Zacks Research from “hold” to “strong-buy”.
Insiders Place Their Bets
In other news, Director Mary L. Smith sold 15,834 shares of the company’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $90.00, for a total value of $1,425,060.00. Following the sale, the director directly owned 21,813 shares of the company’s stock, valued at $1,963,170. This represents a 42.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Schmertzler sold 12,500 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $73.32, for a total transaction of $916,500.00. Following the completion of the transaction, the director owned 1,374,094 shares of the company’s stock, valued at approximately $100,748,572.08. The trade was a 0.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 205,343 shares of company stock valued at $16,774,704 in the last 90 days. Corporate insiders own 5.30% of the company’s stock.
Among PTC’s approved products is Translarna (ataluren), a first-in-class therapy designed to treat nonsense mutation Duchenne muscular dystrophy in select markets.
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