Rep. Kevin Hern Sells Off Shares of PTC Inc. (NASDAQ:PTC)

Key Points

• Rep. Kevin Hern sold $50,001–$100,000 of PTC Inc. shares on September 9 through the HERN FAMILY REVOCABLE TRUST. He also reported sales of several other stocks, including CenterPoint Energy, TJX Companies, STERIS, and NextEra Energy.
• PTC shares were up 1.1% at $139.69, with a market capitalization of approximately $15.16 billion. The company’s latest quarterly EPS of $1.58 narrowly beat estimates, but revenue fell 6.8% year over year and missed expectations.
• Analysts have a consensus “Hold” rating and an average price target of $170.14, while institutional investors and hedge funds own 95.14% of PTC’s outstanding shares.

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 September 9th. The trade occurred in the Representative's "HERN FAMILY REVOCABLE TRUST" 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%

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

PTC (NASDAQ:PTC - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping 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 company had revenue of $600.05 million for the quarter, compared to analysts' expectations of $611.62 million. During the same period in the previous year, the firm posted $1.64 EPS. PTC'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. Equities analysts forecast that PTC Inc. will post 6.54 earnings per share for the current fiscal year.

Hedge Funds Weigh In On PTC

Several institutional investors and hedge funds have recently bought and sold shares of PTC. Palladiem LLC acquired a new position in PTC in the fourth quarter valued at approximately $28,000. Keating Financial Advisory Services Inc. acquired a new stake in PTC during the second quarter worth $30,000. Allworth Financial LP purchased a new position in shares of PTC during the 2nd quarter worth $32,000. Integrated Wealth Concepts LLC purchased a new position in shares of PTC during the 2nd quarter worth $32,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in shares of PTC during the 1st quarter worth about $36,000. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on PTC shares. Stifel Nicolaus dropped their price target on PTC from $180.00 to $165.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Weiss Ratings reissued a "hold (c-)" rating on shares of PTC in a research note on Monday, August 3rd. BMO Capital Markets upped their price objective on shares of PTC from $155.00 to $164.00 and gave the company an "outperform" rating in a research note on Thursday, July 30th. Barclays raised their target price on shares of PTC from $150.00 to $155.00 and gave the stock an "overweight" rating in a research note on Thursday, July 30th. Finally, Citigroup upped their price target on PTC from $127.00 to $141.00 and gave the company a "neutral" rating in a research report on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $170.14.

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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