Natixis Has $2.23 Million Stock Holdings in PTC Inc. (NASDAQ:PTC)

Natixis grew its holdings in shares of PTC Inc. (NASDAQ:PTC - Free Report) by 328.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,114 shares of the technology company's stock after buying an additional 9,287 shares during the quarter. Natixis' holdings in PTC were worth $2,227,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd acquired a new stake in PTC in the 4th quarter valued at $30,000. Allworth Financial LP boosted its position in shares of PTC by 58.0% in the fourth quarter. Allworth Financial LP now owns 188 shares of the technology company's stock worth $35,000 after buying an additional 69 shares during the period. Assetmark Inc. grew its stake in shares of PTC by 825.0% in the fourth quarter. Assetmark Inc. now owns 333 shares of the technology company's stock valued at $61,000 after buying an additional 297 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of PTC during the 4th quarter valued at about $77,000. Finally, Smartleaf Asset Management LLC grew its position in PTC by 83.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 452 shares of the technology company's stock valued at $83,000 after acquiring an additional 205 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company's stock.

Insider Activity at PTC

In other news, Director Corinna Lathan sold 622 shares of the firm's stock in a transaction dated Monday, March 17th. The shares were 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 document filed with the SEC, which is accessible through this link. Company insiders own 0.32% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on PTC. BMO Capital Markets dropped their target price on PTC from $220.00 to $183.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 16th. JPMorgan Chase & Co. restated a "neutral" rating and issued a $160.00 target price (down previously from $210.00) on shares of PTC in a research note on Wednesday, April 9th. Barclays decreased their price target on PTC from $215.00 to $175.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. KeyCorp reduced their target price on PTC from $211.00 to $185.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Finally, Mizuho dropped their price target on 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 seven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $192.08.

PTC Price Performance

PTC stock traded up $3.94 during trading on Thursday, hitting $151.64. The company had a trading volume of 787,431 shares, compared to its average volume of 875,416. The firm has a market capitalization of $18.25 billion, a price-to-earnings ratio of 46.80, a P/E/G ratio of 2.27 and a beta of 1.17. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average of $154.76 and a 200 day moving average of $176.48. PTC Inc. has a fifty-two week low of $133.38 and a fifty-two week high of $203.09.

PTC (NASDAQ:PTC - Get Free Report) last posted 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 net margin of 16.95% and a return on equity of 14.49%. As a group, research analysts predict that PTC Inc. will post 4.46 earnings per share for the current year.

PTC 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.