Investors sentiment increased to 1.13 in Q1 2019. Its up 0.12, from 1.01 in 2018Q4. It increased, as 29 investors sold PTC shares while 112 reduced holdings. 58 funds opened positions while 101 raised stakes. 67.38 million shares or 3.96% less from 70.15 million shares in 2018Q4 were reported. Logan Capital Management Inc invested in 8,225 shares or 0.05% of the stock. Arrowstreet Cap Partnership invested 0% in PTC Inc. (NASDAQ:PTC). Nuveen Asset Mngmt Ltd Liability holds 0.06% or 127,806 shares. Essex Investment Ltd Liability Co has invested 0.61% in PTC Inc. (NASDAQ:PTC). Moreover, First Manhattan has 0% invested in PTC Inc. (NASDAQ:PTC). 1,247 were accumulated by Manchester Capital Mgmt Limited Liability. Swiss Bank & Trust owns 375,600 shares. Quantitative Mgmt Limited Liability holds 0.1% or 19,300 shares. Alps Advisors has 0% invested in PTC Inc. (NASDAQ:PTC) for 5,821 shares. Walleye Trading Llc accumulated 5,223 shares. Nomura Asset Mngmt holds 0.01% in PTC Inc. (NASDAQ:PTC) or 16,371 shares. Valinor Mgmt Lp holds 1.18M shares or 5.69% of its portfolio. 28,343 are held by Gulf Bancorp (Uk) Ltd. Supplemental Annuity Collective Trust Of Nj owns 5,000 shares. Profund Advsrs Ltd Liability Corporation holds 0.05% of its portfolio in PTC Inc. (NASDAQ:PTC) for 11,046 shares.
Oz Management Lp increased its stake in Ptc Inc (PTC) by 23.23% based on its latest 2019Q1 regulatory filing with the SEC. Oz Management Lp bought 487,739 shares as the company’s stock declined 22.92% . The hedge fund held 2.59M shares of the prepackaged software company at the end of 2019Q1, valued at $238.47 million, up from 2.10 million at the end of the previous reported quarter. Oz Management Lp who had been investing in Ptc Inc for a number of months, seems to be bullish on the $7.50 billion market cap company. The stock increased 2.35% or $1.5 during the last trading session, reaching $65.21. About 498,658 shares traded. PTC Inc. (NASDAQ:PTC) has declined 25.82% since August 16, 2018 and is downtrending. It has underperformed by 25.82% the S&P500.
Oz Management Lp, which manages about $56.28B and $16.62B US Long portfolio, decreased its stake in T Mobile Us Inc (NYSE:TMUS) by 703,362 shares to 2.21M shares, valued at $152.49M in 2019Q1, according to the filing. It also reduced its holding in Dowdupont Inc (Call) by 56,800 shares in the quarter, leaving it with 3.89 million shares, and cut its stake in Canopy Growth Corp.
More notable recent PTC Inc. (NASDAQ:PTC) news were published by: Streetinsider.com which released: “Pre-Open Movers 07/25: (DBD) (NTGR) (MTH) Higher; (ALGN) (SAVE) (PTC) (more…) – StreetInsider.com” on July 25, 2019, also Businesswire.com with their article: “PTC Announces LiveWorx 2020 Call for Papers: Open Through September 19 – Business Wire” published on August 08, 2019, Finance.Yahoo.com published: “Should You Worry About PTC Therapeutics, Inc.’s (NASDAQ:PTCT) CEO Pay Cheque? – Yahoo Finance” on July 19, 2019. More interesting news about PTC Inc. (NASDAQ:PTC) were released by: Businesswire.com and their article: “PTC Named Product Leader in PLM for Digital Transformation in Discrete Manufacturing by Frost & Sullivan – Business Wire” published on July 23, 2019 as well as Nasdaq.com‘s news article titled: “Neon Therapeutics Reports Second Quarter 2019 Financial Results – Nasdaq” with publication date: August 06, 2019.
PTC Inc. (NASDAQ:PTC) Ratings Coverage
Among 6 analysts covering PTC Inc (NASDAQ:PTC), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. PTC Inc has $120 highest and $8400 lowest target. $100’s average target is 53.35% above currents $65.21 stock price. PTC Inc had 12 analyst reports since March 10, 2019 according to SRatingsIntel. The firm has “Sector Perform” rating given on Thursday, July 25 by RBC Capital Markets. KeyBanc Capital Markets maintained the shares of PTC in report on Wednesday, April 10 with “Overweight” rating. The firm has “Buy” rating by Mizuho given on Thursday, July 25. The company was downgraded on Thursday, April 25 by Wedbush. The stock has “Buy” rating by Deutsche Bank on Thursday, April 25. The stock of PTC Inc. (NASDAQ:PTC) has “Buy” rating given on Sunday, March 10 by Evercore. Stifel Nicolaus downgraded it to “Hold” rating and $8400 target in Thursday, July 25 report.
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