Rep. Gilbert Ray Cisneros, Jr. Unloads Shares of PTC Inc. (NASDAQ:PTC)

Key Points

• Rep. Gilbert Ray Cisneros, Jr. reported selling $15,001–$50,000 of PTC shares on October 27 from a Bank of America trust account; the filing was disclosed November 10.
• PTC’s latest quarterly EPS and revenue exceeded analyst estimates, but revenue fell 24.7% year over year.
• Analysts broadly rate PTC a “Hold,” with a consensus price target of $200.06; shares opened at $196.14, near their one-year high.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of PTC Inc. (NASDAQ:PTC). In a filing disclosed on November 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in PTC stock on October 27th. 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 $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 11/2/2026.
• Purchased $1,001 - $15,000 in shares of argenex NASDAQ: ARGX on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Illumina NASDAQ: ILMN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Micron Solutions OTCMKTS: MICR on 10/21/2026.
• Sold $1,001 - $15,000 in shares of Ciena NYSE: CIEN on 10/21/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 10/21/2026.
• Purchased $1,001 - $15,000 in shares of Moderna NASDAQ: MRNA on 10/20/2026.

PTC Stock Down 0.2%

Shares of PTC stock opened at $196.14 on Thursday. PTC Inc. has a 1 year low of $108.50 and a 1 year high of $196.79. The company has a 50-day moving average of $169.43 and a 200 day moving average of $148.61. The firm has a market cap of $21.28 billion, a price-to-earnings ratio of 31.25, a PEG ratio of 2.58 and a beta of 0.93. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.63 and a quick ratio of 1.03.

PTC (NASDAQ:PTC - Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The technology company reported $2.03 EPS for the quarter, beating the consensus estimate of $1.97 by $0.06. The company had revenue of $673.25 million for the quarter, compared to the consensus estimate of $663.56 million. PTC had a net margin of 37.80% and a return on equity of 20.03%. PTC's revenue for the quarter was down 24.7% on a year-over-year basis. During the same period in the prior year, the firm posted $3.41 EPS. As a group, sell-side analysts anticipate that PTC Inc. will post 7.12 earnings per share for the current fiscal year.

Hedge Funds Weigh In On PTC

A number of hedge funds and other institutional investors have recently modified their holdings of PTC. Jupiter Topco LLC purchased a new stake in PTC during the 2nd quarter valued at about $418,553,000. Amundi increased its stake in shares of PTC by 151.9% during the first quarter. Amundi now owns 1,725,555 shares of the technology company's stock worth $245,885,000 after purchasing an additional 1,040,656 shares in the last quarter. Legal & General Group Plc purchased a new position in shares of PTC in the second quarter valued at approximately $91,045,000. Aberdeen Group plc grew its holdings in shares of PTC by 822.7% during the third quarter. Aberdeen Group plc now owns 893,450 shares of the technology company's stock worth $125,351,000 after buying an additional 796,619 shares in the last quarter. Finally, State Street Corp raised its holdings in PTC by 10.2% in the 2nd quarter. State Street Corp now owns 6,452,323 shares of the technology company's stock valued at $733,048,000 after acquiring an additional 596,955 shares during the last quarter. 95.14% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Corinna Lathan sold 1,750 shares of the firm's stock in a transaction that occurred on 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 owned 6,679 shares in the company, valued at $1,307,414.25. This trade represents a 20.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.29% of the company's stock.

Analyst Upgrades and Downgrades

PTC has been the topic of several recent research reports. Barclays downgraded shares of PTC from an "overweight" rating to an "equal weight" rating and increased their price target for the stock from $155.00 to $205.00 in a research report on Monday, October 5th. Weiss Ratings upgraded shares of PTC from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday, October 6th. Robert W. Baird downgraded shares of PTC from a "strong-buy" rating to a "hold" rating in a report on Monday, October 5th. JPMorgan Chase & Co. upgraded PTC from an "underweight" rating to a "neutral" rating and increased their target price for the stock from $145.00 to $205.00 in a research report on Monday, October 5th. Finally, Deutsche Bank cut shares of PTC to a "hold" rating and set a $205.00 target price for the company. in a research note on Monday, October 5th. Two analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company's stock. According to data from MarketBeat, PTC presently has an average 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.

PTC Company Profile

PTC Inc. develops software that helps manufacturers design, build, operate and service products. Its offerings support computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management and industrial connectivity, helping companies manage product data and coordinate work across engineering and manufacturing. PTC's products include Creo for 3D CAD, Windchill for PLM, Codebeamer for application lifecycle management, and ThingWorx for industrial connectivity and application development.

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