PTC (NASDAQ:PTC) Director Corinna Lathan Sells 1,750 Shares of Company Stock

PTC Inc. (NASDAQ:PTC – Get Free Report) 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 transaction of $342,562.50. Following the completion of the sale, the director directly owned 6,679 shares of the company’s stock, valued at $1,307,414.25. The trade was a 20.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

PTC Stock Performance

Shares of NASDAQ PTC traded up $0.74 during midday trading on Tuesday, reaching $193.00. 7,418,555 shares of the company were exchanged, compared to its average volume of 1,626,460. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40. PTC Inc. has a 1 year low of $108.50 and a 1 year high of $206.82. The stock has a fifty day simple moving average of $144.06 and a 200 day simple moving average of $137.21. The stock has a market cap of $20.94 billion, a P/E ratio of 18.67, a PEG ratio of 1.81 and a beta of 0.99.

PTC (NASDAQ:PTC – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.57 by $0.01. PTC had a return on equity of 25.31% and a net margin of 41.67%.The firm had revenue of $600.05 million during the quarter, compared to the consensus estimate of $611.62 million. During the same period in the prior year, the business earned $1.64 EPS. The firm’s revenue 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. On average, research analysts forecast that PTC Inc. will post 6.56 earnings per share for the current fiscal year.

PTC News Summary

Here are the key news stories impacting PTC this week:

  • Positive Sentiment: The acquisition announcement drove a sharp increase in PTC’s stock price and unusually heavy trading volume as investors reacted to the substantial cash premium. With the shares trading below the $205 offer price, the remaining spread reflects the potential value of deal completion. PTC Soars 33% on $22.6 Billion All-Cash Schneider Electric Buyout
  • Positive Sentiment: JPMorgan upgraded PTC from underweight to neutral and raised its price target from $145 to $205. Mizuho also lifted its target from $160 to $205 while maintaining a neutral rating, aligning both targets with the proposed transaction price.
  • Neutral Sentiment: A technical “golden cross”—PTC’s 50-day moving average moving above its 200-day average—may support momentum-oriented trading, although technical signals are secondary to the pending merger. Should You Buy PTC Inc. After Golden Cross?
  • Negative Sentiment: Several law firms are investigating whether PTC’s board obtained a fair price, properly negotiated the transaction, and adequately protected shareholders. Such investigations could create legal or deal-completion uncertainty, though they do not necessarily indicate that the merger will fail. PTC Investor Alert
  • Negative Sentiment: Rosenblatt Securities and Robert W. Baird downgraded PTC to hold, while KeyBanc and Loop Capital also moved to more cautious ratings. These changes largely reflect limited upside once the $205 cash offer is considered rather than deterioration in PTC’s underlying business.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on PTC. KeyCorp downgraded PTC from an “overweight” rating to a “sector weight” rating in a report on Monday. Royal Bank Of Canada downgraded shares of PTC from a “buy” rating to a “sector perform” rating and upped their price objective for the stock from $195.00 to $306.00 in a research report on Monday. Rosenblatt Securities restated a “neutral” rating and issued a $205.00 target price (up from $190.00) on shares of PTC in a research note on Monday. Robert W. Baird downgraded shares of PTC from a “strong-buy” rating to a “hold” rating in a report on Monday. Finally, Stifel Nicolaus set a $205.00 price target on shares of PTC in a report on Monday. Two equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $200.06.

Read Our Latest Stock Report on PTC

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its holdings in shares of PTC by 13.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 752 shares of the technology company’s stock worth $107,000 after acquiring an additional 89 shares during the period. Diversified Trust Co increased its stake in PTC by 4.6% in the 1st quarter. Diversified Trust Co now owns 2,296 shares of the technology company’s stock valued at $327,000 after purchasing an additional 100 shares in the last quarter. D.A. Davidson & CO. raised its holdings in PTC by 2.7% during the first quarter. D.A. Davidson & CO. now owns 3,783 shares of the technology company’s stock worth $539,000 after purchasing an additional 101 shares during the last quarter. Covestor Ltd raised its holdings in PTC by 25.3% during the second quarter. Covestor Ltd now owns 500 shares of the technology company’s stock worth $57,000 after purchasing an additional 101 shares during the last quarter. Finally, Apollon Wealth Management LLC boosted its position in PTC by 6.3% during the first quarter. Apollon Wealth Management LLC now owns 1,997 shares of the technology company’s stock worth $285,000 after purchasing an additional 118 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

PTC Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for PTC (NASDAQ:PTC)

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