Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PTC Inc shares valued at $663,248 were purchased by SCHECHTER ROBERT on Feb 25 ’25. At $163.00 per share, SCHECHTER ROBERT acquired 4,069 shares.
Also, VON STAATS AARON C sold 1,182 shares, netting a total of over 226,760 in proceeds. Following the sale of shares at $191.84 each, the insider now holds 19,719 shares.
Before that, VON STAATS AARON C had added 1,988 shares to its account. In a trade valued at $379,688, the Officer bought PTC Inc shares for $190.99 each.
As published in a research note from Berenberg on November 01, 2024, PTC Inc [PTC] has been rated down from a Buy to a Hold and the price target has been revised to $196 from $210. Analysts at Mizuho downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early June. As of January 04, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for PTC. Earlier on October 30, 2023, Oppenheimer upgraded its rating. Their new recommendation was “an Outperform” for PTC stock which previously was a “a Perform”.
Analyzing PTC Stock Performance
During the last five days, there has been a drop of approximately -4.52%. Over the course of the year, PTC Inc shares have dropped approximately -16.63%. Shares of the company reached a 52-week high of $195.23 on 01/31/25 and a 52-week low of $151.80 on 03/13/25. A 50-day SMA is recorded $175.48, while a 200-day SMA reached $180.07.
Support And Resistance Levels for PTC Inc (PTC)
According to the 24-hour chart, there is a support level at 151.09, which, if violated, would cause prices to drop to 148.89. In the upper region, resistance lies at 156.21. The next price resistance is at 159.13. RSI (Relative Strength Index) is 25.61 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.62, which suggests the price will decrease in the coming days. Percent R is at 89.15%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
