On May 3, 2024, Michal Katz, Director at PTC Inc (PTC, Financial), sold 3,000 shares of the company. The transaction was documented in a recent SEC Filing. Over the past year, the insider has sold a total of 3,000 shares and has not purchased any shares.
PTC Inc specializes in digital transformation solutions that help companies design, manufacture, operate, and service things for a smart, connected world. The company's offerings include computer-aided design (CAD) and product lifecycle management (PLM) software, among other digital solutions.
On the date of the sale, shares of PTC Inc were priced at $174.81, valuing the company with a market cap of approximately $21.01 billion. The price-earnings ratio of the company stands at 73.54, significantly above both the industry median of 27.45 and the historical median for the company.
The stock's valuation according to GF Value is set at $151.04, indicating a price-to-GF-Value ratio of 1.16. This suggests that PTC Inc is modestly overvalued.
Reviewing the insider transaction history for PTC Inc, there have been no insider buys and 38 insider sells over the past year.
The GF Value is calculated considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
