PTC (NASDAQ:PTC) Stock Sale Revealed by Rep. Kevin Hern
by Kim Johansen · The Markets DailyRepresentative Kevin Hern (Republican-Oklahoma) recently sold shares of PTC Inc. (NASDAQ:PTC). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $50,001 and $100,000 in PTC stock on August 31st. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.
Representative Kevin Hern also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
- Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
- Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
- Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
- Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
- Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
- Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.
PTC Stock Performance
Shares of PTC traded down $3.92 during mid-day trading on Tuesday, hitting $135.78. The stock had a trading volume of 473,549 shares, compared to its average volume of 1,444,747. The company has a market cap of $14.73 billion, a PE ratio of 13.13, a PEG ratio of 1.89 and a beta of 1.00. PTC Inc. has a fifty-two week low of $108.50 and a fifty-two week high of $206.82. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40. The company’s fifty day simple moving average is $140.66 and its two-hundred day simple moving average is $137.37.
PTC (NASDAQ:PTC – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.01. The business had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. PTC had a net margin of 41.67% and a return on equity of 25.31%. The company’s revenue was down 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.64 earnings per share. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. On average, equities analysts expect that PTC Inc. will post 6.54 earnings per share for the current year.
Analysts Set New Price Targets
PTC has been the subject of several recent analyst reports. Stifel Nicolaus decreased their target price on shares of PTC from $180.00 to $165.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Wall Street Zen lowered shares of PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Citigroup increased their price objective on PTC from $127.00 to $141.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Rosenblatt Securities restated a “buy” rating and issued a $190.00 target price on shares of PTC in a research note on Thursday, July 30th. Finally, Piper Sandler dropped their price target on shares of PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $170.14.
Check Out Our Latest Analysis on PTC
Hedge Funds Weigh In On PTC
Several large investors have recently bought and sold shares of the stock. QRG Capital Management Inc. raised its stake in shares of PTC by 13.2% in the second quarter. QRG Capital Management Inc. now owns 7,089 shares of the technology company’s stock valued at $805,000 after purchasing an additional 828 shares in the last quarter. State Street Corp boosted its stake in PTC by 10.2% during the second quarter. State Street Corp now owns 6,452,323 shares of the technology company’s stock worth $733,048,000 after buying an additional 596,955 shares in the last quarter. Tidal Investments LLC increased its holdings in PTC by 25.1% in the 2nd quarter. Tidal Investments LLC now owns 40,728 shares of the technology company’s stock valued at $4,627,000 after buying an additional 8,177 shares during the period. Archford Capital Strategies LLC increased its holdings in PTC by 4.7% in the 2nd quarter. Archford Capital Strategies LLC now owns 5,135 shares of the technology company’s stock valued at $583,000 after buying an additional 232 shares during the period. Finally, National Pension Service raised its stake in shares of PTC by 33.5% in the 2nd quarter. National Pension Service now owns 40,800 shares of the technology company’s stock valued at $4,635,000 after buying an additional 10,231 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.
About Representative Hern
Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.
Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.
Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.
About PTC
PTC Inc is a technology company that develops software for product design, engineering, manufacturing and service organizations. Its solutions help businesses create, manage and analyze product data throughout the product lifecycle, supporting collaboration from initial design through production and ongoing maintenance.
The company’s portfolio includes Creo computer-aided design software, Windchill product lifecycle management software, and Onshape cloud-native product development tools.