PTC (PTC)

• Market cap: $18.4B
• 1 day: -2.31%
• 5 days: -4.20%
• 1 month: -8.67%
• 3 months: -22.81%
• 6 months: -10.95%
• Year to date: -16.20%
• 1 year: -17.43%
• 5 years: 172.08%
• 10 years: 364.62%
• Sector: Information Technology
• Industry: Prepackaged Software

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: 7,501

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

133% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 43

125% more call options, than puts

Call options by funds: $55.5M | Put options by funds: $24.7M

8% more funds holding

Funds holding: 607 [Q3] → 654 (+47) [Q4]

5% more funds holding in top 10

Funds holding in top 10: 20 [Q3] → 21 (+1) [Q4]

2% more capital invested

Capital invested by funds: $21.1B [Q3] → $21.4B (+$342M) [Q4]

1% more repeat investments, than reductions

Existing positions increased: 235 | Existing positions reduced: 232

0.03% less ownership

Funds ownership: 96.96% [Q3] → 96.92% (-0.03%) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $195 27% upside
• Avg. target: $210 37% upside
• High target: $230 50% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Keybanc John Vinh 17% 1-year accuracy 9 / 54 met price target	38% upside $211	Overweight Maintained	6 Feb 2025
Rosenblatt Blair Abernethy 15% 1-year accuracy 10 / 67 met price target	33% upside $204	Buy Maintained	6 Feb 2025
Citigroup Tyler Radke 29% 1-year accuracy 15 / 51 met price target	27% upside $195	Neutral Maintained	5 Feb 2025
Stifel Adam Borg 48% 1-year accuracy 15 / 31 met price target	50% upside $230	Buy Maintained	18 Dec 2024