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Recent Insider Activity Could Benefit PTC Inc (PTC)

PTC Inc’s filing revealed that its Director SCHECHTER ROBERT acquired Company’s shares for reported $0.66 million on Feb 25 ’25. In the deal valued at $163.00 per share,4,069 shares were bought.

Then, VON STAATS AARON C sold 1,182 shares, generating $226,760 in total proceeds. Upon selling the shares at $191.84, the EVP, GC and Secretary now owns 19,719 shares.

Before that, VON STAATS AARON C bought 1,988 shares. PTC Inc shares valued at $379,688 were divested by the Officer at a price of $190.99 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 Monday, PTC Inc [NASDAQ:PTC] saw its stock fall -1.00% to $161.02. Over the last five days, the stock has gained 0.29%. PTC Inc shares have fallen nearly -12.43% since the year began. Nevertheless, the stocks have fallen -11.94% over the past one year. While a 52-week high of $203.09 was reached on 01/31/25, a 52-week low of $155.53 was recorded on 03/04/25. SMA at 50 days reached $177.27, while 200 days put it at $180.48.

Levels Of Support And Resistance For PTC Stock

The 24-hour chart illustrates a support level at 159.39, which if violated will result in even more drops to 157.75. On the upside, there is a resistance level at 162.68. A further resistance level may holdings at 164.33. The Relative Strength Index (RSI) on the 14-day chart is 34.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.18%. Stochastics %K at 36.74% indicates the stock is a holding.

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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