$PTC

PTC INC.

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No SEC Form 4 filings for $PTC in the last 30 days.

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PTC's Codebeamer Powers Mazda's Software-Defined Vehicle Development

PTC announced that Mazda Motor Corporation has chosen PTC Codebeamer Application Lifecycle Management (ALM) solution for its software-defined vehicle development (SDV). Codebeamer will help Mazda standardize requirements, testing, and validation, ensuring end-to-end traceability and faster product development while adhering to automotive standards. This integration aims to improve quality, compliance, and enable more efficient product development cycles by consolidating dispersed documentation and supporting collaboration.

Tensor Edge Capital LLC Purchases Shares of 150,000 PTC Inc. $PTC

Tensor Edge Capital LLC has acquired a new stake of 150,000 shares in PTC Inc., valued at approximately $26.1 million, making it their sixth-largest holding. This comes as PTC reported strong financial results, surpassing earnings and revenue estimates and raising its fiscal year 2026 guidance. Despite a "Moderate Buy" consensus among analysts, some have trimmed price targets, indicating mixed sentiment.

Thrivent Financial for Lutherans Sells 45,481 Shares of PTC Inc. $PTC

Thrivent Financial for Lutherans significantly reduced its stake in PTC Inc. by selling 45,481 shares, decreasing its holdings by 48.8% to 47,758 shares valued at approximately $8.32 million. Despite this reduction, PTC Inc. continues to receive a "Moderate Buy" consensus rating from analysts, with an average price target of $177.23, although some have adjusted targets downwards. The company recently reported strong earnings, with EPS of $2.69 against a $2.06 consensus and revenue of $774.3 million, marking a 21.7% year-over-year increase.