PTC (NASDAQ:PTC) Stock Sale Disclosed by Rep. Kevin Hern

Key Points

• Rep. Kevin Hern sold between $50,001 and $100,000 of PTC stock on August 31 through the Hern Family Foundation account. He also disclosed sales of several other stocks, including CenterPoint Energy, TJX Companies, STERIS and Home Depot.
• PTC shares opened at $139.69, up 1.1%, with a market capitalization of approximately $15.16 billion. The company recently reported quarterly EPS of $1.58, slightly above estimates, while revenue fell 6.8% year over year to $600.05 million.
• Analysts have a consensus “Hold” rating on PTC and an average price target of $170.14. Institutional investors own 95.14% of the company, with several major investors recently initiating or increasing positions.

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of PTC Inc. NASDAQ: PTC. In a filing disclosed on September 25th, the Representative disclosed that they had sold between $50,001 and $100,000 in PTC stock on August 31st. The trade occurred in the Representative's "HERN FAMILY FOUNDATION" account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of CenterPoint Energy NYSE: CNP on 9/15/2026.
• Sold $1,001 - $15,000 in shares of TJX Companies NYSE: TJX on 9/15/2026.
• Sold $15,001 - $50,000 in shares of STERIS NYSE: STE on 9/15/2026.
• Sold $1,001 - $15,000 in shares of Seagate Technology NASDAQ: STX on 9/15/2026.
• Sold $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 9/14/2026.
• Sold $1,001 - $15,000 in shares of Marsh & McLennan Companies NYSE: MRSH on 9/14/2026.
• Sold $15,001 - $50,000 in shares of IQVIA NYSE: IQV on 9/14/2026.
• Sold $15,001 - $50,000 in shares of Home Depot NYSE: HD on 9/14/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 9/14/2026.
• Sold $15,001 - $50,000 in shares of Emerson Electric NYSE: EMR on 9/14/2026.

PTC Stock Up 1.1%

NASDAQ:PTC opened at $139.69 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $15.16 billion, a PE ratio of 13.51, a PEG ratio of 1.89 and a beta of 1.00. PTC Inc. has a 52-week low of $108.50 and a 52-week high of $206.82. The stock has a 50-day simple moving average of $140.66 and a 200 day simple moving average of $137.37.

PTC (NASDAQ:PTC - Get Free Report) last released its earnings results 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 for the quarter, compared to analysts' expectations of $611.62 million. During the same quarter in the previous year, the business posted $1.64 EPS. The business's quarterly 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, sell-side analysts expect that PTC Inc. will post 6.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

PTC has been the topic of a number of research reports. Weiss Ratings reissued a "hold (c-)" rating on shares of PTC in a research report on Monday, August 3rd. Rosenblatt Securities reiterated a "buy" rating and issued a $190.00 price target on shares of PTC in a research note on Thursday, July 30th. Barclays boosted their price target on shares of PTC from $150.00 to $155.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. Piper Sandler reduced their price objective on shares of PTC from $175.00 to $157.00 and set a "neutral" rating for the company in a research note on Thursday, July 30th. Finally, BNP Paribas Exane assumed coverage on PTC in a report on Thursday, June 18th. They issued a "neutral" rating and a $130.00 price objective for the company. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $170.14.

Institutional Trading of PTC

Large investors have recently added to or reduced their stakes in the company. Jupiter Topco LLC acquired a new stake in PTC during the 2nd quarter valued at $418,553,000. Norges Bank acquired a new stake in PTC in the 4th quarter worth about $295,399,000. Amundi boosted its holdings in PTC by 151.9% in the 1st quarter. Amundi now owns 1,725,555 shares of the technology company's stock valued at $245,885,000 after purchasing an additional 1,040,656 shares during the period. Legal & General Group Plc bought a new stake in PTC in the 2nd quarter valued at about $91,045,000. Finally, T. Rowe Price Investment Management Inc. grew its position in shares of PTC by 3.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company's stock worth $3,202,720,000 after purchasing an additional 602,858 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company's stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma's 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027. Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma's 1st Congressional District. He declared candidacy for the 2026 election. Kevin Hern went into business as a McDonald's franchisee in 1999. He acquired 10 McDonald's franchises by 2012. He served on the McDonald's National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About PTC

PTC Inc is a technology company that develops software for product design, engineering, manufacturing and service organizations. Its solutions help businesses create, manage and analyze product data throughout the product lifecycle, supporting collaboration from initial design through production and ongoing maintenance.

The company's portfolio includes Creo computer-aided design software, Windchill product lifecycle management software, and Onshape cloud-native product development tools.

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