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Recent Insider Activity Could Benefit PTC Inc (PTC)

PTC Inc’s recent filing unveils that its Officer Kniker Catherine acquired Company’s shares for reported $11534.0 on Mar 20 ’25. In the deal valued at $160.20 per share,72 shares were bought.

Then, Lathan Corinna sold 622 shares, generating $96,740 in total proceeds. Upon selling the shares at $155.53, the Director now owns 7,604 shares.

Before that, CORINNA LATHAN bought 622 shares. PTC Inc shares valued at $96,908 were divested by the Director at a price of $155.80 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 jump 1.01% to $161.45. Over the last five days, the stock has gained 1.68%. PTC Inc shares have fallen nearly -12.19% since the year began. Nevertheless, the stocks have fallen -14.93% over the past one year. While a 52-week high of $203.09 was reached on 01/31/25, a 52-week low of $151.80 was recorded on 03/13/25. SMA at 50 days reached $172.07, while 200 days put it at $179.48.

Levels Of Support And Resistance For PTC Stock

The 24-hour chart illustrates a support level at 160.22, which if violated will result in even more drops to 158.99. On the upside, there is a resistance level at 162.87. A further resistance level may holdings at 164.29. The Relative Strength Index (RSI) on the 14-day chart is 45.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.11, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.53%. Stochastics %K at 72.67% indicates the stock is a holding.

How much short interest is there in PTC Inc?

A steep rise in short interest was recorded in PTC Inc stocks on 2025-02-28, growing by 0.86 million shares to a total of 2.61 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.76 million shares. There was a rise of 32.82%, which implies that there is a positive sentiment for the stock.

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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