PTCPTC
Market Cap: $19.8B
About: PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).
Employees: 7,231
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
66% more call options, than puts
Call options by funds: $28.9M | Put options by funds: $17.4M
14% more repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 217
1.84% more ownership
Funds ownership: 95.96% [Q1] → 97.8% (+1.84%) [Q2]
1% less funds holding
Funds holding: 609 [Q1] → 605 (-4) [Q2]
2% less capital invested
Capital invested by funds: $21.7B [Q1] → $21.3B (-$385M) [Q2]
6% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 63
8% less funds holding in top 10
Funds holding in top 10: 24 [Q1] → 22 (-2) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
RBC Capital Matthew Hedberg 51% 1-year accuracy 61 / 119 met price target | 23%upside $202 | Outperform Reiterated | 1 Aug 2024 |
Piper Sandler Clarke Jeffries 48% 1-year accuracy 24 / 50 met price target | 10%upside $182 | Neutral Maintained | 1 Aug 2024 |
Rosenblatt Blair Abernethy 34% 1-year accuracy 15 / 44 met price target | 18%upside $195 | Buy Maintained | 1 Aug 2024 |
Financial journalist opinion
Based on 6 articles about PTC published over the past 30 days