PTC Inc. (NASDAQ:PTC) Shares Bought by Dohj LLC

Dohj LLC grew its stake in PTC Inc. (NASDAQ:PTC) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,692 shares of the technology company’s stock after purchasing an additional 172 shares during the quarter. Dohj LLC’s holdings in PTC were worth $495,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of PTC. Covestor Ltd increased its stake in PTC by 70.8% during the third quarter. Covestor Ltd now owns 193 shares of the technology company’s stock valued at $35,000 after purchasing an additional 80 shares during the last quarter. Brooklyn Investment Group acquired a new position in shares of PTC in the 3rd quarter valued at about $66,000. Park Place Capital Corp bought a new stake in shares of PTC during the 3rd quarter valued at about $67,000. Blue Trust Inc. raised its stake in PTC by 473.9% during the third quarter. Blue Trust Inc. now owns 792 shares of the technology company’s stock worth $144,000 after acquiring an additional 654 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in PTC in the third quarter valued at approximately $152,000. Institutional investors own 95.14% of the company’s stock.

PTC Stock Up 0.8 %

PTC opened at $193.48 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market capitalization of $23.29 billion, a PE ratio of 62.21, a P/E/G ratio of 2.57 and a beta of 1.18. The stock’s fifty day moving average is $191.13 and its 200-day moving average is $183.40. PTC Inc. has a one year low of $163.30 and a one year high of $203.09.

Analysts Set New Price Targets

PTC has been the topic of a number of research reports. Rosenblatt Securities reiterated a “buy” rating and set a $195.00 price target on shares of PTC in a research report on Thursday, October 10th. Berenberg Bank cut PTC from a “buy” rating to a “hold” rating and cut their target price for the company from $210.00 to $196.00 in a research note on Friday, November 1st. JPMorgan Chase & Co. boosted their price target on shares of PTC from $200.00 to $210.00 and gave the company an “overweight” rating in a report on Monday, December 2nd. Robert W. Baird increased their price objective on shares of PTC from $226.00 to $228.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, StockNews.com lowered shares of PTC from a “buy” rating to a “hold” rating in a research note on Tuesday. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, PTC presently has a consensus rating of “Moderate Buy” and an average target price of $207.54.

Insider Buying and Selling

In other PTC news, EVP Staats Aaron C. Von sold 5,373 shares of PTC stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $200.13, for a total value of $1,075,298.49. Following the transaction, the executive vice president now owns 21,707 shares in the company, valued at approximately $4,344,221.91. The trade was a 19.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Kristian Talvitie sold 10,306 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $199.34, for a total value of $2,054,398.04. Following the sale, the chief financial officer now owns 57,134 shares of the company’s stock, valued at $11,389,091.56. This trade represents a 15.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,242 shares of company stock valued at $3,630,716 over the last three months. Company insiders own 0.32% of the company’s stock.

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.