PTC (NASDAQ:PTC) Stock: Insider Corinna Lathan Sells 1,750 Shares

Key Points

• Director Corinna Lathan sold 1,750 PTC shares at an average price of $195.75, generating $342,562.50 and reducing her holdings by 20.76% to 6,679 shares.
• PTC shares rose 0.4% to $193 during Tuesday trading. The company’s latest quarterly earnings slightly beat estimates, but revenue fell 6.8% year over year.
• Analysts remain cautious, with PTC carrying a consensus “Hold” rating and an average price target of $200.06; institutional investors own 95.14% of the stock.

PTC Inc. (NASDAQ:PTC - Get Free Report) Director Corinna Lathan sold 1,750 shares of the business's stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $195.75, for a total transaction of $342,562.50. Following the transaction, the director owned 6,679 shares of the company's stock, valued at $1,307,414.25. This trade represents a 20.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

PTC Stock Up 0.4%

Shares of PTC traded up $0.74 during midday trading on Tuesday, reaching $193.00. The stock had a trading volume of 7,418,555 shares, compared to its average volume of 1,626,460. The company has a market cap of $20.94 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 1.81 and a beta of 0.99. The company's fifty day simple moving average is $144.06 and its two-hundred day simple moving average is $137.21. PTC Inc. has a 1-year low of $108.50 and a 1-year high of $206.82. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03.

PTC (NASDAQ:PTC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, beating analysts' consensus estimates of $1.57 by $0.01. The company had revenue of $600.05 million for the quarter, compared to analysts' expectations of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.PTC's quarterly revenue was down 6.8% on a year-over-year basis. During the same period last year, the firm earned $1.64 earnings per share. 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 research analysts expect that PTC Inc. will post 6.56 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PTC. Jupiter Topco LLC purchased a new stake in PTC in the second quarter valued at approximately $418,553,000. Amundi grew its position 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 acquiring an additional 1,040,656 shares during the last quarter. Legal & General Group Plc purchased a new position in shares of PTC during the second quarter worth approximately $91,045,000. T. Rowe Price Investment Management Inc. increased its holdings in shares of PTC by 3.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company's stock valued at $3,202,720,000 after acquiring an additional 602,858 shares during the period. Finally, State Street Corp raised its position 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 purchasing an additional 596,955 shares during the last quarter. Institutional investors and hedge funds own 95.14% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on PTC. JPMorgan Chase & Co. raised PTC from an "underweight" rating to a "neutral" rating and upped their price target for the company from $145.00 to $205.00 in a report on Monday. Wall Street Zen downgraded shares of PTC from a "buy" rating to a "hold" rating in a research report on Saturday, June 27th. Citigroup upped their target price on shares of PTC from $141.00 to $205.00 and gave the company a "neutral" rating in a report on Tuesday. Rosenblatt Securities reaffirmed a "neutral" rating and issued a $205.00 target price (up from $190.00) on shares of PTC in a research report on Monday. Finally, Robert W. Baird lowered shares of PTC from a "strong-buy" rating to a "hold" rating in a research note on Monday. Two investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company's stock. Based on data from MarketBeat, PTC currently has a consensus rating of "Hold" and a consensus price target of $200.06.

More PTC News

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.

PTC Company Profile

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.

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