On September 12, 2024, Janice Chaffin, Director at PTC Inc (PTC, Financial), executed a sale of 4,000 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 40,137 shares of PTC Inc.
PTC Inc operates in the technology sector, providing a suite of solutions that enable process transformation and product innovation. The company specializes in computer-aided design (CAD) and product lifecycle management (PLM) software, offering comprehensive tools that help manufacturers design, operate, and maintain complex products.
Over the past year, Janice Chaffin has sold a total of 16,000 shares of PTC Inc and has not made any purchases of the stock. The insider transaction history for PTC Inc shows a trend of more sales than purchases among insiders, with 26 insider sells and no insider buys over the same timeframe.
On the day of the sale, shares of PTC Inc were trading at $168.75. This pricing gives the company a market cap of approximately $20.69 billion. The price-earnings ratio of the company stands at 70.30, which is above the industry median of 25.62.
According to the GF Value, an intrinsic value estimate developed by GuruFocus, PTC Inc has a GF Value of $151.31. With the current price of $168.75, the stock has a price-to-GF-Value ratio of 1.12, indicating that it is modestly overvalued. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and future prospects.
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.
