<div id="readability-page-1"><p>Lazard Asset Management LLC lifted its stake in  PTC Inc. (NASDAQ:PTC - Free Report) by 31.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,547,622 shares of the technology company's stock after purchasing an additional 370,097 shares during the quarter. Lazard Asset Management LLC owned about 1.29% of PTC worth $266,715,000 at the end of the most recent reporting period.</p><ul><li>AI Exposure Without the Hype: 3 ETFs That Offer Smarter AI Bets</li></ul><p>Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. HRT Financial LP purchased a new position in  PTC during the second quarter worth $4,115,000.  Holocene Advisors LP raised its stake in shares of  PTC by 94.1% in the second quarter. Holocene Advisors LP now owns 72,592 shares of the technology company's stock valued at $12,511,000 after acquiring an additional 35,186 shares during the period.  Hudson Bay Capital Management LP bought a new stake in shares of  PTC in the 2nd quarter worth about $346,000.  ICONIQ Capital LLC purchased a new position in shares of  PTC during the 2nd quarter worth about $270,000.  Finally, BI Asset Management Fondsmaeglerselskab A S grew its holdings in  PTC by 30.4% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 6,987 shares of the technology company's stock valued at $1,204,000 after purchasing an additional 1,629 shares during the last quarter. Hedge funds and other institutional investors own  95.14% of the company's stock. </p><h2>Insider Buying and Selling</h2><p>In other PTC news, EVP Kristian Talvitie sold 50,291 shares of the company's stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the completion of the sale, the executive vice president owned 12,386 shares in the company, valued at $2,144,512.04. This represents a 80.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, EVP Staats Aaron C. Von sold 6,328 shares of the stock in a transaction on Monday, December 8th. The shares were sold at an average price of $174.79, for a total value of $1,106,071.12. Following the sale, the executive vice president directly owned 22,461 shares in the company, valued at $3,925,958.19. This trade represents a 21.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 61,277 shares of company stock valued at $10,624,076 in the last three months. 0.32% of the stock is currently owned by insiders. </p><h2>PTC Stock Performance</h2><ul><li>Massive Potential: 3 Tech Stocks Positioned for Breakout Success</li></ul><p>PTC stock opened at $176.00 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.12 and a quick ratio of 1.43. PTC Inc. has a 1-year low of $133.38 and a 1-year high of $219.69. The business has a 50-day moving average price of $186.92 and a 200 day moving average price of $191.78. The company has a market capitalization of $21.02 billion, a P/E ratio of 28.66, a PEG ratio of 2.03 and a beta of 1.03. </p><p>PTC (NASDAQ:PTC - Get Free Report) last posted its earnings results on Friday, November 21st. The technology company reported $2.10 EPS for the quarter. PTC had a net margin of 27.05% and a return on equity of 23.03%. The business had revenue of $1.76 billion for the quarter.  As a group, equities research analysts forecast that  PTC Inc. will post 4.46 EPS for the current fiscal year. </p><h2>Analyst Ratings Changes</h2><ul><li>Autodesk Stock Up 25%, Analysts Want More Double-Digit Gains</li></ul><p>Several analysts have issued reports on PTC shares. Robert W. Baird  set a $255.00 price objective on shares of PTC in a research note on Wednesday, October 22nd. Weiss Ratings  reissued a &#34;buy (b-)&#34; rating on shares of PTC in a research note on Monday. Rosenblatt Securities cut their price objective on PTC from $227.00 to $220.00 and set a &#34;buy&#34; rating on the stock in a research report on Thursday, November 6th. Wall Street Zen lowered PTC from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research note on Saturday, December 6th. Finally, Piper Sandler lowered their target price on shares of PTC from $200.00 to $175.00 and set a &#34;neutral&#34; rating for the company in a research note on Friday, November 7th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned  a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $205.92.</p><p><b>Read Our Latest Report on PTC</b></p><h2>PTC Profile</h2> (Free Report)<p>PTC Inc operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools.</p><h2>See Also</h2><ul><li>Five stocks we like better than PTC</li><li>What is a Special Dividend?</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>What is a Dividend Harvesting Strategy and How Can Investors Profit from it?</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li><li>How to Invest in Blue Chip Stocks</li><li>MarketBeat Week in Review – 12/8 - 12/12</li></ul><p><strong>Want to see what other hedge funds are holding PTC?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PTC Inc. (NASDAQ:PTC - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UFRD?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UFRD"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in PTC Right Now?</h2><p>Before you consider PTC, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PTC wasn't on the list.</p><p>While PTC currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Lazard Asset Management LLC increased its stake in PTC Inc. by 31.4% in Q2, owning 1.29% of PTC worth $266.7M. Insiders sold 61,277 shares valued at $10.6M recently. PTC stock opened at $176.00 with a market cap of $21.02B. Analysts have mixed ratings, with price targets ranging from $175 to $255. PTC's EPS is forecasted at 4.46 for the fiscal year.</p>

Lazard Asset Management LLC Raises Position in PTC Inc. $PTC