PTC Inc. (NASDAQ:PTC – Get Free Report) EVP Staats Aaron C. Von sold 1,000 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $170.00, for a total value of $170,000.00. Following the completion of the sale, the executive vice president now owns 13,902 shares of the company’s stock, valued at approximately $2,363,340. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
PTC Stock Up 1.6 %
Shares of NASDAQ:PTC traded up $2.73 on Friday, reaching $173.15. The company had a trading volume of 737,870 shares, compared to its average volume of 843,695. The stock has a 50-day moving average price of $176.76 and a 200 day moving average price of $180.08. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.60. PTC Inc. has a twelve month low of $134.61 and a twelve month high of $194.24. The stock has a market capitalization of $20.73 billion, a P/E ratio of 72.18, a P/E/G ratio of 3.30 and a beta of 1.18.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in PTC by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 13,740,919 shares of the technology company’s stock valued at $2,596,209,000 after purchasing an additional 205,673 shares during the period. Wellington Management Group LLP boosted its holdings in shares of PTC by 1,409.3% in the 4th quarter. Wellington Management Group LLP now owns 1,680,421 shares of the technology company’s stock worth $294,006,000 after acquiring an additional 1,569,081 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of PTC by 1.1% during the fourth quarter. Franklin Resources Inc. now owns 1,192,272 shares of the technology company’s stock worth $208,600,000 after purchasing an additional 13,468 shares in the last quarter. Impax Asset Management Group plc lifted its position in PTC by 4.4% during the 2nd quarter. Impax Asset Management Group plc now owns 1,141,782 shares of the technology company’s stock valued at $206,091,000 after purchasing an additional 48,553 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in PTC by 18.4% in the first quarter. Bank of New York Mellon Corp now owns 1,066,671 shares of the technology company’s stock valued at $201,537,000 after acquiring an additional 166,112 shares during the last quarter. Institutional investors own 95.14% of the company’s stock.
Wall Street Analyst Weigh In
About PTC
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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