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

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of PTC Inc. (NASDAQ:PTC). In a filing disclosed on June 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in PTC stock on May 13th. 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%

NASDAQ PTC traded up $2.57 on Friday, reaching $204.63. The company had a trading volume of 65,713 shares, compared to its average volume of 1,076,032. The firm has a market capitalization of $24.55 billion, a price-to-earnings ratio of 56.16, a price-to-earnings-growth ratio of 2.74 and a beta of 1.17. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 0.99. PTC Inc. has a 1-year low of $133.38 and a 1-year high of $213.14. The company's fifty day moving average is $176.97 and its 200-day moving average is $168.92.

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

Insider Activity

In other news, EVP Staats Aaron C. Von sold 1,988 shares of the firm's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $160.00, for a total transaction of $318,080.00. Following the sale, the executive vice president owned 17,731 shares of the company's stock, valued at $2,836,960. This trade represents a 10.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.32% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Wall Street Zen lowered shares of PTC from a "buy" rating to a "hold" rating in a research report on Tuesday, May 20th. Oppenheimer increased their target price on shares of PTC from $210.00 to $225.00 and gave the stock an "outperform" rating in a research report on Friday. Robert W. Baird increased their target price on shares of PTC from $185.00 to $191.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Rosenblatt Securities restated a "buy" rating and set a $204.00 target price on shares of PTC in a research report on Thursday, May 1st. Finally, Mizuho decreased their target price on shares of PTC from $190.00 to $160.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $194.08.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Aster Capital Management DIFC Ltd purchased a new stake in PTC during the 4th quarter valued at about $30,000. Bartlett & CO. Wealth Management LLC purchased a new stake in PTC during the 1st quarter valued at about $26,000. Motco purchased a new stake in PTC during the 1st quarter valued at about $29,000. Allworth Financial LP boosted its holdings in shares of PTC by 58.0% during the 4th quarter. Allworth Financial LP now owns 188 shares of the technology company's stock valued at $35,000 after acquiring an additional 69 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of PTC during the 1st quarter valued at about $33,000. 95.14% of the stock is currently owned by institutional investors.

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.

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.