Paradigm Capital Management Inc. NY Has $4.28 Million Position in PTC Inc. $PTC

Paradigm Capital Management Inc. NY decreased its holdings in shares of PTC Inc. (NASDAQ:PTC) by 25.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,000 shares of the technology company’s stock after selling 10,000 shares during the period. Paradigm Capital Management Inc. NY’s holdings in PTC were worth $4,275,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Empowered Funds LLC raised its holdings in shares of PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock worth $387,000 after acquiring an additional 75 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after purchasing an additional 76 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in PTC by 68.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 705 shares of the technology company’s stock worth $121,000 after purchasing an additional 287 shares in the last quarter. Cerity Partners LLC bought a new stake in PTC during the 2nd quarter worth approximately $257,000. Finally, Alliancebernstein L.P. raised its stake in shares of PTC by 3.2% in the second quarter. Alliancebernstein L.P. now owns 132,962 shares of the technology company’s stock worth $22,915,000 after purchasing an additional 4,176 shares during the last quarter. 95.14% of the stock is owned by institutional investors.

PTC Trading Up 4.8%

NASDAQ PTC opened at $118.52 on Friday. The business’s fifty day moving average is $127.33 and its 200-day moving average is $143.35. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market capitalization of $13.69 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 1.65 and a beta of 0.99. PTC Inc. has a one year low of $108.50 and a one year high of $219.69.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. The business had revenue of $774.30 million during the quarter, compared to the consensus estimate of $712.40 million. PTC had a net margin of 41.81% and a return on equity of 25.84%. The firm’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Equities research analysts predict that PTC Inc. will post 6.35 EPS for the current year.

Insider Buying and Selling at PTC

In other news, CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total transaction of $118,989.12. Following the completion of the sale, the chief accounting officer owned 1,265 shares in the company, valued at $184,462.30. This trade represents a 39.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.29% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on PTC shares. BMO Capital Markets set a $155.00 target price on PTC in a report on Friday. Robert W. Baird set a $198.00 price target on PTC in a report on Thursday, May 7th. Wall Street Zen lowered PTC from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. BNP Paribas Exane assumed coverage on PTC in a research note on Thursday, June 18th. They set a “neutral” rating and a $130.00 price objective on the stock. Finally, Weiss Ratings downgraded shares of PTC from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Ten research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $169.00.

PTC Profile

PTC Inc (NASDAQ: PTC) is a global technology company that develops software and services to help manufacturers design, operate, and service physical products. Founded in 1985 as Parametric Technology Corporation, PTC pioneered parametric, feature-based CAD with its Pro/ENGINEER product (now marketed as Creo) and has since expanded its portfolio to address product lifecycle management, Internet of Things (IoT), augmented reality (AR) and industrial connectivity.

Key product lines include Creo for 3D CAD; Windchill for product lifecycle management (PLM); ThingWorx, an IoT platform for connecting devices and building industrial applications; Vuforia, an AR platform for creating immersive service and training experiences; and Kepware, a suite for industrial connectivity and protocol translation.