PTCPTC
Market Cap: 20.8B
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 Q1 SEC filings by fund managers ($100M+ AUM)
63% more call options, than puts
Call options by funds: $36.3M | Put options by funds: $22.2M
11% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 64
10% more capital invested
Capital invested by funds: $19.5B [Q4 2023] → $21.5B (+$1.99B) [Q1 2024]
10% more repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 210
1.69% more ownership
Funds ownership: 93.64% [Q4 2023] → 95.33% (+1.69%) [Q1 2024]
1% more funds holding
Funds holding: 592 [Q4 2023] → 599 (+7) [Q1 2024]
11% less funds holding in top 10
Funds holding in top 10: 27 [Q4 2023] → 24 (-3) [Q1 2024]
Research analyst outlook
13 Wall Street Analysts provided 1 year price forecasts over the past 6 months
13 analyst ratings
Mizuho Matthew Broome | 9%upside $190 | Neutral Downgraded | 4 Jun 2024 |
Citigroup Tyler Radke | 8%upside $187 | Neutral Maintained | 2 May 2024 |
Mizuho Matthew Broome | 15%upside $200 | Buy Maintained | 2 May 2024 |
Baird Joe Vruwink | 24%upside $216 | Outperform Maintained | 2 May 2024 |
Rosenblatt Blair Abernethy | 12%upside $195 | Buy Maintained | 12 Apr 2024 |
Financial journalist opinion
Based on 7 articles about PTC published over the past 30 days