← BackPTC INC. · SoftwarePTC
Low riskNext report: Around Nov 4 (est.)
The short versionA profitable company with shrinking sales.
Going well
- Profitable, keeps 27% of sales as profit
- Sales up 19% last year
- Brings in more cash than it spends
Money moves
- Insiders sold $343K in the last 30 days, all through pre-planned sales
- Institutions cut 1.3% from their holdings in the quarter ending June 2026 (330 bought, 395 sold)
- Held by Cathie Wood (ARK Invest)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$194.24+0.2% that day
- Company value
- $21.1B
- Share price times all shares
- Price vs profit (P/E)
- 18.9x
- You pay about $19 for each $1 of yearly profit
- Price vs sales
- 7.1x
- Company value is 7.1 times a year of sales
- Cash vs value
- 2%
- Cash as a share of company value
- Debt vs value
- 6%
- Debt as a share of company value
From PTC's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$600.0M-6.8% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $3.0B, up 19% from the 12 months before. Over 5 years, sales grew about 13% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.20.8%
- PassDebt under half of equityNot relying on borrowed money.0.31x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.26.8%
- MissProfitable every yearSteady profits, not one good year.8 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$856.7M
- MissShare count not growingNot diluting owners. Falling means buybacks.+2.2% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.83.8%
- Revenue
- $2.7B
- +19.2% vs prior year
- 5-year growth
- +13.4%/yr
- revenue, per year
- Total debt
- $1.2B
- 0.31x equity
- Current ratio
- 1.22x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $600.0M
- -6.8% YoY
- EPS
- $1.03
- vs $1.17
- Op. margin
- 27.7%
- -4.9 pts
- Gross margin
- 81.7%
- -1.2 pts
- Free cash flow
- $249.3M
- Share count
- -4.6%
- vs a year ago
Insider rating
Last 90 days
46Mixed
- Pre-planned sales of $343K (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 1.0
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-1.3%Institutions cut 1.3% from their holdings. 330 bought, 395 sold. 2 quarters of net selling in a row.
Shares held by institutions112.1M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-3.0%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.4x · $1.4B debtShares outstandingLatest reported
109MNext reportAround Nov 4 (est.)Estimated from the same quarter last year
- Results filedJul 29
- Results filedMay 6
- Results filedFeb 4
- Results filedNov 5, 2025
- Results filedJul 30, 2025
Insider trades
Open-market buys and sells, last 90 days Bought$00 insiders
Sold$343K1 insider, 1 pre-planned
| Insider | Trade | Shares | Avg price | Value | Owns after | Date |
|---|
Corinna LathanDirector | Sell | 2K | $195.75 | $343K | 7K | |
- -20.8% of their holdings
- Pre-planned sale (10b5-1)
- Filed 1 day after
|
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Option exerciseJames A LicoDirector
926 shares
- +226% of holdings
- Now owns 1,336 shares
- Filed 1 day after trade
SoldCorinna LathanDirector
1,750 shares at $195.75 · $343K
- -21% of holdings
- Now owns 6,679 shares
- Pre-planned sale (10b5-1)
- Filed 1 day after trade
Option exerciseRobert BernshteynDirector
1,117 shares
- +34% of holdings
- Now owns 4,382 shares
- Filed 2 days after trade
Option exerciseNeil BaruaPresident and CEO, Director
11,471 shares
- +13% of holdings
- Now owns 98,024 shares
- Filed 2 days after trade
- Also: Shares withheld for taxes
Option exerciseJon StevensonChief Product Officer
4,099 shares
- +940% of holdings
- Now owns 4,535 shares
- Filed 2 days after trade
- Also: Shares withheld for taxes
SoldAlice ChristensonChief Accounting Officer
816 shares at $145.82 · $119K
- -39% of holdings
- Now owns 1,265 shares
- Not a pre-planned sale
- Filed NaN days after trade