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Potential Price Increase for PTC Inc (PTC) After Recent Insider Activity

PTC Inc’s recently made public that its EVP, GC and Secretary VON STAATS AARON C unloaded Company’s shares for reported $0.23 million on Feb 05 ’25. In the deal valued at $191.84 per share,1,182 shares were sold. As a result of this transaction, VON STAATS AARON C now holds 19,719 shares worth roughly $3.19 million.

Then, VON STAATS AARON C bought 1,988 shares, generating $379,688 in total proceeds.

Before that, Kniker Catherine bought 71 shares. PTC Inc shares valued at $13,490 were divested by the Officer at a price of $190.00 per share.

Berenberg downgraded its PTC Inc [PTC] rating to a Hold from a a Buy in a research note published on November 01, 2024; the price target was decreased to $196 from $210. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in early June from “a Buy” to “a Neutral”. JP Morgan also remained covering PTC and has increased its forecast on January 04, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Oppenheimer revised its rating on October 30, 2023. It rated PTC as “an Outperform” which previously was an “a Perform”.

Price Performance Review of PTC

On Friday, PTC Inc [NASDAQ:PTC] saw its stock fall -2.48% to $161.65. Over the last five days, the stock has lost -3.74%. PTC Inc shares have fallen nearly -12.08% since the year began. Nevertheless, the stocks have fallen -8.62% over the past one year. While a 52-week high of $203.09 was reached on 01/31/25, a 52-week low of $163.30 was recorded on 02/21/25. SMA at 50 days reached $184.60, while 200 days put it at $181.54.

Levels Of Support And Resistance For PTC Stock

The 24-hour chart illustrates a support level at 159.81, which if violated will result in even more drops to 157.96. On the upside, there is a resistance level at 164.71. A further resistance level may holdings at 167.76. The Relative Strength Index (RSI) on the 14-day chart is 24.54, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.06%. Stochastics %K at 7.80% indicates the stock is a buying.

The most recent change occurred on June 14, 2023 when Piper Sandler began covering the stock and recommended ‘”a Neutral”‘ rating along with a $150 price target.

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