Rep. April McClain Delaney Purchases Shares of PTC Inc. (NASDAQ:PTC)

Key Points

• Representative April McClain Delaney purchased between $1,001 and $15,000 in shares of PTC Inc. (NASDAQ:PTC) on July 11th.
• PTC reported a quarterly earnings per share (EPS) of $1.64, significantly exceeding the consensus estimate of $1.22, with a 24.2% increase in revenue year-over-year.
• Several large investors, including T. Rowe Price and Pictet Asset Management, have recently increased their stakes in PTC, reflecting growing institutional interest.

Representative April McClain Delaney (D-Maryland) recently bought shares of PTC Inc. NASDAQ: PTC. In a filing disclosed on August 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in PTC stock on July 11th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Entegris NASDAQ: ENTG on 7/28/2025.
• Purchased $1,001 - $15,000 in shares of Brown & Brown NYSE: BRO on 7/25/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 7/25/2025.
• Sold $1,001 - $15,000 in shares of Entegris NASDAQ: ENTG on 7/9/2025.
• Sold $1,001 - $15,000 in shares of IDEXX Laboratories NASDAQ: IDXX on 7/9/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 7/9/2025.
• Purchased $1,001 - $15,000 in shares of CDW NASDAQ: CDW on 7/9/2025.
• Sold $1,001 - $15,000 in shares of STERIS NYSE: STE on 6/26/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Clean Harbors NYSE: CLH on 6/20/2025.

PTC Price Performance

PTC traded down $0.73 on Friday, hitting $205.42. 756,388 shares of the company's stock were exchanged, compared to its average volume of 1,085,545. The stock has a market cap of $24.61 billion, a price-to-earnings ratio of 48.45, a P/E/G ratio of 2.29 and a beta of 1.17. PTC Inc. has a fifty-two week low of $133.38 and a fifty-two week high of $219.69. The firm has a 50-day moving average price of $185.58 and a 200-day moving average price of $170.73. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.34.

PTC (NASDAQ:PTC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The technology company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.22 by $0.42. PTC had a return on equity of 17.09% and a net margin of 20.74%. The firm had revenue of $643.94 million during the quarter, compared to analysts' expectations of $582.12 million. During the same quarter last year, the firm earned $0.98 earnings per share. The business's revenue for the quarter was up 24.2% on a year-over-year basis. As a group, equities analysts anticipate that PTC Inc. will post 4.46 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Staats Aaron C. Von sold 1,988 shares of the business's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $216.29, for a total transaction of $429,984.52. Following the completion of the sale, the executive vice president owned 15,743 shares in the company, valued at approximately $3,405,053.47. The trade was a 11.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.32% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

PTC has been the subject of a number of research analyst reports. Wells Fargo & Company reiterated an "overweight" rating on shares of PTC in a report on Tuesday, July 29th. Oppenheimer increased their price target on PTC from $225.00 to $240.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Barclays set a $233.00 target price on shares of PTC in a research note on Thursday, July 31st. BMO Capital Markets lifted their price target on shares of PTC from $187.00 to $231.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Finally, Mizuho reduced their price objective on shares of PTC from $190.00 to $160.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, PTC has a consensus rating of "Moderate Buy" and an average target price of $202.14.

Institutional Trading of PTC

Institutional investors have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. boosted its stake in shares of PTC by 17.7% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 20,312,856 shares of the technology company's stock worth $3,147,478,000 after purchasing an additional 3,048,311 shares during the last quarter. Vanguard Group Inc. grew its holdings in PTC by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 14,332,180 shares of the technology company's stock valued at $2,220,771,000 after buying an additional 39,688 shares during the period. Geode Capital Management LLC increased its stake in shares of PTC by 8.4% during the 2nd quarter. Geode Capital Management LLC now owns 3,415,785 shares of the technology company's stock valued at $586,438,000 after acquiring an additional 265,558 shares during the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of PTC by 41.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,876,333 shares of the technology company's stock worth $445,687,000 after acquiring an additional 844,418 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of PTC by 1.9% in the first quarter. Wellington Management Group LLP now owns 2,370,972 shares of the technology company's stock worth $367,382,000 after acquiring an additional 44,961 shares during the last quarter. Hedge funds and other institutional investors own 95.14% of the company's stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

PTC Company 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.