1 day Ago By ABMN Staff
Wells Fargo & Company MN reduced its stake in PTC Inc. ( NASDAQ:PTC – Free Report ) by 18.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 95,489 shares of the technology company’s stock after selling 21,485 shares during the period. Wells Fargo & Company MN’s holdings in PTC were worth $17,558,000 at the end of the most recent reporting period. A number of other institutional investors have also modified their holdings of PTC.
ExodusPoint Capital Management LP grew its stake in PTC by 76.8% in the fourth quarter. ExodusPoint Capital Management LP now owns 75,579 shares of the technology company’s stock worth $13,897,000 after purchasing an additional 32,826 shares in the last quarter.
Cinctive Capital Management LP increased its stake in shares of PTC by 877.9% during the fourth quarter. Cinctive Capital Management LP now owns 25,425 shares of the technology company’s stock valued at $4,675,000 after buying an additional 22,825 shares during the period.
Huntington National Bank raised its holdings in shares of PTC by 111.5% in the fourth quarter. Huntington National Bank now owns 461 shares of the technology company’s stock valued at $85,000 after acquiring an additional 243 shares in the last quarter.
Massachusetts Financial Services Co. MA grew its holdings in PTC by 6.7% during the 4th quarter.
Massachusetts Financial Services Co. MA now owns 986,835 shares of the technology company’s stock worth $181,449,000 after acquiring an additional 62,379 shares in the last quarter. Finally, Trexquant Investment LP purchased a new position in PTC during the 4th quarter valued at about $6,714,000.
95.14% of the stock is owned by hedge funds and other institutional investors. Insider Buying and Selling at PTC In other PTC news, Director Corinna Lathan sold 622 shares of PTC stock in a transaction dated Monday, March 17th.
The stock was sold at an average price of $155.53, for a total transaction of $96,739.66.
Following the completion of the transaction, the director now owns 7,604 shares in the company, valued at approximately $1,182,650.12. This trade represents a 7.
56 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link . Company insiders own 0.
32% of the company’s stock. Analyst Upgrades and Downgrades Check Out Our Latest Stock Analysis on PTC PTC Price Performance NASDAQ PTC opened at $145.32 on Monday.
The stock’s fifty day moving average price is $159.47 and its 200 day moving average price is $178.55.
PTC Inc. has a 1 year low of $133.38 and a 1 year high of $203.
09. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.
69 and a quick ratio of 0.69. The company has a market cap of $17.
49 billion, a price-to-earnings ratio of 44.85, a PEG ratio of 2.27 and a beta of 1.
17. PTC ( NASDAQ:PTC – Get Free Report ) last announced its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.
79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.12).
PTC had a return on equity of 14.49% and a net margin of 16.95%.
As a group, equities research analysts forecast that PTC Inc. will post 4.46 earnings per share for the current year.
PTC Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding PTC? Visit HoldingsChannel.
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