PTC Inc. (PTC)

PTC's stock price has decreased by 16.73% in the past six months. In Q2 Fiscal Year 2026, PTC reported constant currency ARR growth of 8.5% and operating and free cash flow growth of 14%. Following strong Q2 results, PTC raised its full-year fiscal 2026 guidance and announced share repurchases. PTC completed the sale of its Kepware and ThingWorx IoT businesses in Q2'26, generating a $463 million gain. The U.S. Army designated PTC's Windchill PLM software as its official system of record. PTC insiders have primarily engaged in sales of PTC stock over the past six months.

PTC experiences demand seasonality, with approximately 60% of its free cash flow generated in the first half of its fiscal year. The fourth fiscal quarter is typically the lowest cash flow generation quarter. This seasonality is consistent with the company's performance and is factored into its financial guidance.

PTC Inc. is an American computer software and services company founded in 1985, headquartered in Boston, Massachusetts, operating in the Computer and Technology sector, focusing on Business/Productivity Software. PTC offers digital solutions for engineering, manufacturing, and servicing physical products. PTC was a pioneer in CAD modeling software in 1988 and introduced an Internet-based product for PLM in 1998. The company's technology portfolio includes CAD, PLM, IIoT, AR, ALM, SLM, and engineering calculations. PTC's solutions are used by discrete manufacturers in industries such as industrial machinery, retail and consumer products, aerospace and defense, automotive, electronics and high-tech, energy and resources, and MedTech.

PTC Inc. has its corporate headquarters in Boston, Massachusetts, and maintains a significant global presence with numerous offices throughout the United States and a network of worldwide offices. PTC operates across the Americas, Europe, and Asia-Pacific, with notable international offices in China, Japan, and Romania. Approximately 48% of PTC's 2025 revenue came from the Americas, 36% from Europe, and 15% from Asia Pacific, with the U.S. being the top market at 47% and Germany at 13.5%.

PTC's brand reputation is positively influenced by its strategic direction and product advancements, particularly its "Intelligent Product Lifecycle vision". Growing customer interest in AI is driving momentum in PTC's business. The U.S. Army's designation of PTC's Windchill PLM software as its official system of record bolstered PTC's reputation. Analysts have reaffirmed buy ratings, noting that PTC benefits from AI demand as customers modernize their product data foundations.

Institutional investors heavily dominate the ownership structure of PTC Inc., holding approximately 82.85% to 99.57% of the shares. Major institutional shareholders include T. Rowe Price Investment Management, Inc., Vanguard Group Inc., and BlackRock, Inc. Individual insider ownership represents a smaller fraction of the total shares, typically around 0.27% to 6.12%. Significant individual insider holders include Director Blake D. Moret, former CEO James E Heppelmann, and President and CEO Neil Barua.