OFI Invest Asset Management bought a new stake in shares of PTC Inc. (NASDAQ:PTC – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 180 shares of the technology company’s stock, valued at approximately $31,000.
Other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. raised its position in PTC by 762.5% during the second quarter. Blue Trust Inc. now owns 138 shares of the technology company’s stock valued at $26,000 after acquiring an additional 122 shares in the last quarter. Lindbrook Capital LLC raised its holdings in shares of PTC by 108.3% during the 4th quarter. Lindbrook Capital LLC now owns 175 shares of the technology company’s stock valued at $31,000 after purchasing an additional 91 shares in the last quarter. Riverview Trust Co acquired a new stake in shares of PTC in the 1st quarter valued at $34,000. Principal Securities Inc. bought a new stake in PTC in the fourth quarter worth $46,000. Finally, Massmutual Trust Co. FSB ADV increased its position in PTC by 98.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 354 shares of the technology company’s stock worth $64,000 after buying an additional 176 shares during the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.
Insider Activity
In related news, COO Michael Ditullio sold 6,592 shares of the firm’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $183.15, for a total value of $1,207,324.80. Following the completion of the transaction, the chief operating officer now directly owns 53,148 shares of the company’s stock, valued at $9,734,056.20. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, COO Michael Ditullio sold 6,592 shares of the company’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $183.15, for a total value of $1,207,324.80. Following the sale, the chief operating officer now owns 53,148 shares of the company’s stock, valued at $9,734,056.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Staats Aaron C. Von sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $170.00, for a total transaction of $170,000.00. Following the transaction, the executive vice president now owns 13,902 shares of the company’s stock, valued at approximately $2,363,340. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 25,846 shares of company stock worth $4,568,961. Company insiders own 1.17% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on PTC
PTC Stock Up 0.1 %
PTC stock opened at $173.56 on Monday. The business’s 50-day simple moving average is $176.60 and its 200 day simple moving average is $179.72. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.43. PTC Inc. has a twelve month low of $134.61 and a twelve month high of $194.24. The company has a market cap of $20.85 billion, a PE ratio of 72.62, a price-to-earnings-growth ratio of 3.21 and a beta of 1.18.
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.
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