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

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of PTC Inc. (NASDAQ:PTC). In a filing disclosed on July 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in PTC stock on June 11th. 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):

• Sold $15,001 - $50,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 7/1/2025.
• Purchased $1,001 - $15,000 in shares of AppLovin NASDAQ: APP on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 6/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 6/27/2025.
• Sold $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 6/27/2025.
• Sold $1,001 - $15,000 in shares of Willis Towers Watson Public NASDAQ: WTW on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 6/26/2025.

PTC Stock Up 1.3%

PTC stock opened at $199.61 on Friday. PTC Inc. has a twelve month low of $133.38 and a twelve month high of $213.14. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.40. The firm has a market cap of $23.94 billion, a PE ratio of 54.84, a price-to-earnings-growth ratio of 2.72 and a beta of 1.17. The business has a 50 day moving average of $174.56 and a 200 day moving average of $168.34.

PTC (NASDAQ:PTC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The technology company reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.42. PTC had a return on equity of 15.35% and a net margin of 18.77%. The firm had revenue of $636.37 million during the quarter, compared to analysts' expectations of $608.64 million. During the same quarter in the previous year, the business earned $1.46 earnings per share. The company's revenue was up 5.5% on a year-over-year basis. On average, research analysts forecast that PTC Inc. will post 4.46 EPS for the current fiscal year.

Insider Transactions at PTC

In other PTC news, EVP Staats Aaron C. Von sold 1,988 shares of PTC stock in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of $160.00, for a total value of $318,080.00. Following the completion of the sale, the executive vice president directly owned 17,731 shares of the company's stock, valued at approximately $2,836,960. The trade was a 10.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.32% of the company's stock.

Analysts Set New Price Targets

PTC has been the topic of a number of analyst reports. Mizuho cut their target price on PTC from $190.00 to $160.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. KeyCorp reissued an "overweight" rating and issued a $192.00 price objective (up previously from $185.00) on shares of PTC in a research note on Monday, July 7th. Oppenheimer increased their price objective on PTC from $190.00 to $210.00 and gave the stock an "outperform" rating in a research note on Wednesday. BMO Capital Markets increased their price objective on PTC from $183.00 to $187.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Finally, Barclays increased their price objective on PTC from $175.00 to $203.00 and gave the stock an "overweight" rating in a research note on Monday, July 14th. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $192.92.

Hedge Funds Weigh In On PTC

Institutional investors have recently modified their holdings of the business. Robeco Institutional Asset Management B.V. grew its stake in shares of PTC by 0.7% during the second quarter. Robeco Institutional Asset Management B.V. now owns 164,920 shares of the technology company's stock worth $28,422,000 after purchasing an additional 1,209 shares in the last quarter. O ROURKE & COMPANY Inc acquired a new stake in shares of PTC during the second quarter worth about $258,000. Union Bancaire Privee UBP SA lifted its position in PTC by 93.8% in the second quarter. Union Bancaire Privee UBP SA now owns 1,860 shares of the technology company's stock valued at $315,000 after purchasing an additional 900 shares during the period. Chicago Capital LLC acquired a new stake in PTC in the second quarter valued at about $859,000. Finally, Greenleaf Trust acquired a new stake in PTC in the second quarter valued at about $283,000. Institutional investors and hedge funds own 95.14% of the company's stock.

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.

About PTC

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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