1,287 Shares in PTC Inc. $PTC Acquired by DeDora Capital Inc.

Key Points

• DeDora Capital Inc. has acquired 1,287 shares of PTC Inc., valued at approximately $222,000, marking a significant institutional investment in the technology company.
• PTC reported $1.64 earnings per share for the last quarter, exceeding analyst expectations of $1.22, with revenues of $643.94 million, up 24.2% from the previous year.
• The company's average stock rating is currently a "Moderate Buy" with a consensus price target of $202.14, following multiple analyst upgrades and downgrades.

DeDora Capital Inc. acquired a new position in shares of PTC Inc. (NASDAQ:PTC - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,287 shares of the technology company's stock, valued at approximately $222,000.

Several other large investors have also recently modified their holdings of the company. Brooklyn Investment Group raised its stake in shares of PTC by 15.5% during the 1st quarter. Brooklyn Investment Group now owns 439 shares of the technology company's stock worth $68,000 after acquiring an additional 59 shares in the last quarter. Bellecapital International Ltd. grew its position in PTC by 4.3% during the 2nd quarter. Bellecapital International Ltd. now owns 1,604 shares of the technology company's stock worth $276,000 after purchasing an additional 66 shares during the last quarter. D.A. Davidson & CO. grew its position in PTC by 1.9% during the 1st quarter. D.A. Davidson & CO. now owns 3,755 shares of the technology company's stock worth $582,000 after purchasing an additional 70 shares during the last quarter. American Century Companies Inc. grew its position in PTC by 3.3% during the 1st quarter. American Century Companies Inc. now owns 2,271 shares of the technology company's stock worth $352,000 after purchasing an additional 73 shares during the last quarter. Finally, Ballentine Partners LLC grew its position in PTC by 0.9% during the 2nd quarter. Ballentine Partners LLC now owns 8,565 shares of the technology company's stock worth $1,476,000 after purchasing an additional 73 shares during the last quarter. Institutional investors own 95.14% of the company's stock.

PTC Stock Up 0.4%

PTC stock opened at $202.86 on Friday. The firm's fifty day simple moving average is $206.77 and its 200-day simple moving average is $184.09. The company has a market capitalization of $24.30 billion, a P/E ratio of 47.84, a price-to-earnings-growth ratio of 1.95 and a beta of 1.14. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.89 and a quick ratio of 0.89. PTC Inc. has a 12 month low of $133.38 and a 12 month high of $219.69.

PTC (NASDAQ:PTC - Get Free Report) last posted its earnings results on Wednesday, July 30th. The technology company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.42. PTC had a net margin of 20.74% and a return on equity of 17.09%. The firm had revenue of $643.94 million during the quarter, compared to analysts' expectations of $582.12 million. During the same period in the previous year, the business posted $0.98 EPS. The business's revenue was up 24.2% compared to the same quarter last year. PTC has set its FY 2025 guidance at 6.630-7.030 EPS. Q4 2025 guidance at 2.100-2.500 EPS. As a group, equities research analysts forecast that PTC Inc. will post 4.46 earnings per share for the current year.

Insider Activity

In related news, EVP Staats Aaron C. Von sold 1,988 shares of the business's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $216.29, for a total value of $429,984.52. Following the completion of the transaction, the executive vice president directly owned 15,743 shares in the company, valued at $3,405,053.47. The trade was a 11.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.32% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on PTC shares. Zacks Research downgraded shares of PTC from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 29th. Weiss Ratings raised shares of PTC from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, October 8th. Cantor Fitzgerald set a $120.00 target price on shares of PTC and gave the stock an "overweight" rating in a research report on Tuesday, July 29th. Barclays set a $233.00 target price on shares of PTC in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada boosted their target price on shares of PTC from $224.00 to $235.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Twelve investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $202.14.

PTC Profile

PTC Inc operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools.

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