ProShare Advisors LLC Sells 10,459 Shares of PTC Inc. $PTC

ProShare Advisors LLC reduced its stake in PTC Inc. (NASDAQ:PTC) by 31.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,386 shares of the technology company’s stock after selling 10,459 shares during the quarter. ProShare Advisors LLC’s holdings in PTC were worth $3,141,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vise Technologies Inc. purchased a new stake in shares of PTC in the third quarter worth $316,000. MGO One Seven LLC purchased a new position in shares of PTC in the 3rd quarter worth about $365,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of PTC in the 3rd quarter worth about $34,363,000. Choreo LLC raised its position in shares of PTC by 25.5% in the 3rd quarter. Choreo LLC now owns 3,551 shares of the technology company’s stock worth $498,000 after purchasing an additional 721 shares during the last quarter. Finally, Asset Management One Co. Ltd. boosted its stake in PTC by 0.9% in the 3rd quarter. Asset Management One Co. Ltd. now owns 58,349 shares of the technology company’s stock worth $8,186,000 after purchasing an additional 498 shares in the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on PTC. BMO Capital Markets downgraded shares of PTC from an “outperform” rating to a “market perform” rating and increased their price objective for the company from $164.00 to $205.00 in a research report on Tuesday, October 6th. KeyCorp cut shares of PTC from an “overweight” rating to a “sector weight” rating in a report on Monday, October 5th. Loop Capital cut shares of PTC from a “buy” rating to a “hold” rating and lifted their target price for the stock from $200.00 to $205.00 in a report on Monday, October 5th. Royal Bank Of Canada downgraded shares of PTC from a “buy” rating to a “sector perform” rating and upped their target price for the stock from $195.00 to $306.00 in a research note on Monday, October 5th. Finally, Deutsche Bank Aktiengesellschaft cut shares of PTC to a “hold” rating and set a $205.00 price target on the stock. in a report on Monday, October 5th. Two research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $200.06.

PTC Stock Down 0.3%

Shares of PTC stock opened at $194.60 on Friday. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $196.05. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40. The company’s 50 day moving average is $166.26 and its 200 day moving average is $147.94. The company has a market cap of $21.12 billion, a price-to-earnings ratio of 31.03, a price-to-earnings-growth ratio of 2.56 and a beta of 0.93.

PTC (NASDAQ:PTC) last posted its earnings results on Wednesday, November 4th. The technology company reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.06. The business had revenue of $673.25 million during the quarter, compared to the consensus estimate of $663.56 million. PTC had a net margin of 37.80% and a return on equity of 19.61%. The firm’s revenue was down 24.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.41 EPS. Research analysts anticipate that PTC Inc. will post 7.12 EPS for the current year.

Key PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Adjusted EPS was $2.03, above estimates of about $2.00, and revenue of $673 million topped forecasts of $664 million. Annual recurring revenue, excluding divested businesses, rose 8% year over year—or 9.7% at constant currency—supporting the company’s subscription-growth outlook. PTC Q4 Earnings & Revenues Beat Estimates, ARR Growth Strong
• Neutral Sentiment: PTC emphasized its focus on its “Intelligent Product Lifecycle” strategy. The quarter’s results also reflect divestitures, making year-over-year comparisons less representative of the ongoing business. PTC Announces Fourth Fiscal Quarter and Full Fiscal Year 2026 Results
• Negative Sentiment: Despite beating estimates, reported revenue fell 25% to $673 million and non-GAAP EPS declined 40% to $2.03 from a year earlier. Operating margins also contracted, which could concern investors weighing the headline beat against weaker year-over-year performance. PTC Fiscal Q4 Adjusted Earnings, Revenue Fall

Insider Activity

In related news, Director Corinna Lathan sold 1,750 shares of PTC stock in a transaction on Monday, October 5th. The stock was sold at an average price of $195.75, for a total value of $342,562.50. Following the completion of the sale, the director owned 6,679 shares of the company’s stock, valued at $1,307,414.25. The trade was a 20.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.29% of the stock is currently owned by company insiders.

PTC Company Profile

PTC Inc (NASDAQ: PTC) develops software that helps manufacturers and other industrial companies design, manage, and optimize products and production processes. Its portfolio supports computer-aided design, product lifecycle management, digital manufacturing, and industrial Internet of Things initiatives.

The company’s products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, and Codebeamer for application lifecycle management. PTC also offers ThingWorx for industrial connectivity and IoT applications, Kepware for industrial automation connectivity, and Vuforia for augmented reality solutions.

Founded in 1985, PTC serves customers globally across industries such as automotive, aerospace and defense, industrial equipment, electronics, and life sciences.