Increase in Institutional Ownership of PTC Inc. Shares

Principal Financial Group Inc. Purchases 5,403 Shares of PTC Inc. (NASDAQ:PTC)

Several institutional investors and hedge funds have increased their ownership in PTC Inc. shares. Notably, Principal Financial Group Inc. increased its position by 3.8%, now owning 149,071 shares. Other significant increases include Congress Asset Management Co. by 767.8%, Massachusetts Financial Services Co. MA by 66.9%, and Vanguard Group Inc. by 1.5%. New positions were also taken by Matrix Capital Management Company LP and Clearbridge Investments LLC. Institutional investors and hedge funds now own 95.14% of PTC Inc.'s stock.

PTC India Achieves 16% Growth in Net Profit for September Quarter

PTC India Achieves 16% Growth in Net Profit to Rs 234 Crore for September Quarter

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PTC India Q2 Results | Net profit rises 13% to ₹146 crore, revenue at ₹5,128 crore

PTC India Q2 Results Live: Profit Rises by 19.77% YoY | Company Business News

PTC India gains as Q2 PAT climbs 16% YoY to Rs 234 cr

PTC India reported a 16% increase in consolidated net profit to Rs 233.82 crore for the September quarter compared to Rs 202.31 crore in the same period last year. This growth is accompanied by a 13% increase in trading volume to 24,039 million units and consulting income of Rs 10.30 crore, reflecting the company's diverse revenue streams and overall financial health.

Multiple Investors Increase Holdings in PTC Inc.

Ownership Capital B.V. Reduces Stock Holdings in PTC Inc. (NASDAQ:PTC)

Several investors increased their holdings in PTC Inc. during the 2nd quarter. First Horizon Advisors Inc. increased its position by 77.5%, Blue Trust Inc. raised its stake by 762.5%, Rothschild Investment LLC purchased a new stake, and both International Assets Investment Management LLC and OFI Invest Asset Management acquired new positions in PTC Inc.

Ownership Capital B.V. Reduces Stock Holdings in PTC Inc.

Ownership Capital B.V. reduced its stake in PTC Inc. by 17.6% during the 3rd quarter, selling 202,607 shares and now owning 947,144 shares. PTC Inc. made up about 5.5% of Ownership Capital B.V.'s holdings and is its 6th largest holding.

ARK Investment Management LLC Reduces PTC Holdings

ARK Investment Management LLC Cuts Stake in PTC Inc. (NASDAQ:PTC)

ARK Investment Management LLC has reduced its holdings in PTC Inc. by 12.0% in the 3rd quarter, selling 2,804 shares, and now holds 20,631 shares valued at $3,727,000. This reduction could signal a shift in investment strategy or a re-evaluation of PTC's prospects.

Several investors, including Janney Montgomery Scott LLC, Nordea Investment Management AB, Texas Permanent School Fund Corp, Envestnet Portfolio Solutions Inc., and Empowered Funds LLC, have increased their holdings in PTC Inc. during the first quarter. This indicates growing interest and confidence among investors in PTC's future prospects.

PTC Announces $2 Billion Share Repurchase Authorization

PTC ANNOUNCES $2 BILLION SHARE REPURCHASE AUTHORIZATION

PTC authorizes $2 billion stock buyback program

PTC Inc. announces an Equity Buyback for $2,000 million worth of its shares.

PTC has announced a $2 billion share repurchase authorization that will be active until September 30, 2027. The company plans to repurchase approximately $300 million of its common stock in fiscal 2025, starting in the first quarter. This move highlights the Board's confidence in PTC's ability to drive customer value and enhance shareholder returns. The repurchases will primarily be made through open market purchases, including under Rule 10b5-1 plans.

PTC Inc Reports Third Quarter Revenue

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PTC Inc, headquartered in Boston, reported third quarter revenue of $518.64 million, a slight decline from $542.00 million in the same quarter last year. Despite this, the company's shares have increased by 12.29% year-to-date.

PTC to Release Quarterly Earnings on November 6th

PTC (PTC) Scheduled to Post Quarterly Earnings on Wednesday

PTC is scheduled to release its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts predict earnings of $1.43 per share for this quarter, compared to $0.66 per share for the previous quarter ending July 31st. PTC has a market capitalization of $22.75 billion and a price-to-earnings ratio of 77.29. Several research firms have issued a 'Moderate Buy' rating with an average target price of $201.09.

PTC Reports Strong Financial Growth and Strategic Collaborations

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PTC reported an 11.5% year-over-year growth in annual recurring revenue and a 19% increase in operating cash flow and free cash flow. The company has also initiated a strategic collaboration with Amazon Web Services to enhance its Onshape cloud-native computer-aided design offerings. Additionally, Robert Bernshteyn, a General Partner at ICONIQ Capital, was welcomed to PTC's Board of Directors.

PTC provides software solutions that support the management of product lifecycle processes, aiming to enhance product development, manufacturing efficiency, and service operations.

ServiceMax, a PTC Technology

ThingWorx, a PTC Technology

Vuforia, a PTC Technology

Onshape, a PTC Technology

PTC Education

PTC #LiveWorx 2025

Mathcad, a PTC Technology

Creo, a PTC Technology

PTC University

Windchill, a PTC Technology

PTC FlexPLM

PTC (NASDAQ: PTC) unleashes industrial innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve operational excellence, and increase workforce productivity. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of today’s new technology to drive digital transformation.
 
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status

Congratulations, Neil Barua! 
 
Read Neil's Day 1 Remarks linked in the comments below. 👇

Happy #LunarNewYear! Last week, our Asian Employee Resource Group organized a celebration in our Seaport office to honor the Year of the Dragon with local Chinatown catering and special giveaways. To keep the momentum going, we have our first Asian Leadership Panel with four leaders across the company discussing topics from career paths, bringing your whole self to work, overcoming challenges, and more. #LifeAtPTC

Just wrapped up an eye-opening and enlightening workshop on Business Storytelling and I must say, it was truly amazing & inspiring!

Learning how to craft compelling narratives that resonate with audiences is an invaluable skill in today's competitive landscape.

Can't wait to put these newfound skills into action and craft stories that resonate. 

A huge thank you to #PTC HR team for organizing this workshop.
Akanksha Sane Anuradha Paradkar
Thanks Subhajit Mitra 
Thank you Rajesh Pandit for the amazing session.

#lifeatptc #ptc #BusinessStorytelling #ProfessionalGrowth

Did you know that PTC CEO James Heppelmann was inspired to go into engineering because of his older sister? Years later, we celebrate his accomplishments as President and CEO leading PTC through its most transformative years. Read more about it here: http://ptc.co/fI3H50Quy25

🔮 We’re looking into the crystal ball for 2024 and we see… 

👩‍🔧 Hardware embracing Agile product development 
🤖 AI usage spread, but with complications 
🤝 Software and hardware will become increasingly inseparable 

What do you think of these predictions? Comment below and make sure to check out the blog for a deeper dive 👉 http://ptc.co/YVay50Qskg9 

PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx platform, which offers a set of capabilities that enable enterprises to digitally transform every aspect of their business with innovative solutions that are simple to create, easy to implement, scalable to meet future needs, and designed to enable customers to accelerate time to value; and Vuforia, which enables the visualization of digital information in a physical context and the creation of AR. The company also provides Onshape, a software-as-a-service product development platform unites computer-aided design with data management, collaboration tools, and real-time analytics; Arena, a PLM solution enables product teams to collaborate virtually anytime and anywhere; Creo, a 3D CAD technology enables the digital design, testing, and modification of product models; and Windchill, a product lifecycle management software. In addition, it offers Integrity, an application lifecycle management solution; Servigistics, service parts management solution; and consulting, implementation, training, cloud, and license and support services. The company was formerly known as Parametric Technology Corporation and changed its name to PTC Inc. in January 2013. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts.

COM:PTC

PTC

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