• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    PTC Inc. filed SEC Form 8-K: Leadership Update

    11/26/24 4:08:03 PM ET
    $PTC
    Computer Software: Prepackaged Software
    Technology
    Get the next $PTC alert in real time by email
    8-K
    0000857005false00008570052024-11-252024-11-25

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): November 25, 2024

     

    PTC Inc.

    (Exact name of Registrant as Specified in Its Charter)

     

     

    Massachusetts

    0-18059

    04-2866152

    (State or Other Jurisdiction

    of Incorporation)

    (Commission File Number)

    (IRS Employer

    Identification No.)

     

     

     

     

     

    121 Seaport Boulevard

     

    Boston, Massachusetts

     

    02210

    (Address of Principal Executive Offices)

     

    (Zip Code)

     

    Registrant’s Telephone Number, Including Area Code: (781) 370-5000

     

    (Former Name or Former Address, if Changed Since Last Report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:


    Title of each class

     

    Trading
    Symbol(s)

     


    Name of each exchange on which registered

    Common Stock, $.01 par value per share

     

    PTC

     

    The NASDAQ Global Market

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     


     

    Section 5 – Corporate Governance and Management

     

    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    Resignation of Director

    On November 25, 2024, Janesh Moorjani resigned from the Board of Directors of PTC Inc. Mr. Moorjani will continue to serve through November 29, 2024. Mr. Moorjani’s resignation was for personal reasons relating to his recent change in employment, and not due to any disagreement with any individual or with the Company on any matter relating to the Company’s operations, policies, or practices.

     

     

    2


     

    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

    PTC Inc.

    Date:

    26 November 2024

    By:

    /s/Aaron von Staats

    Aaron von Staats
    Executive Vice President, General Counsel and Corporate Secretary

     

     

    3


    Get the next $PTC alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $PTC

    DatePrice TargetRatingAnalyst
    5/1/2025$183.00 → $187.00Outperform
    BMO Capital Markets
    4/16/2025$220.00 → $183.00Outperform
    BMO Capital Markets
    4/9/2025$160.00Overweight → Neutral
    Analyst
    11/1/2024$210.00 → $196.00Buy → Hold
    Berenberg
    6/4/2024$200.00 → $190.00Buy → Neutral
    Mizuho
    1/4/2024$130.00 → $200.00Neutral → Overweight
    JP Morgan
    10/30/2023$165.00Perform → Outperform
    Oppenheimer
    6/14/2023$150.00Neutral
    Piper Sandler
    More analyst ratings

    $PTC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • PTC Announces Startup Program to Accelerate the Future of Aerospace & Defense Innovation

      Free access to Creo+, Onshape, Codebeamer+, and a startup package for Arena to enable startups to meet the speed, complexity, and compliance demands of modern aerospace and defense product developmentExposure to PTC's global ecosystem of venture capitalists, incubators, and partners to support growth and industry visibilityDETROIT, July 16, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced at the Reindustrialize Summit 2025 a new Aerospace & Defense (A&D) Startup Program to empower early and growth-stage startups with leading product development tools to help them bring new products and innovations to market faster. To eligible startups, the program offers free access to PTC's software,

      7/16/25 8:30:00 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • PTC to Announce Fiscal Q3'25 Results on Wednesday, July 30th, 2025

      BOSTON, July 9, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2025 third quarter results on Wednesday, July 30th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, July 30th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What:  PTC Fiscal Q3'25 Conference Call and Webcast When:

      7/9/25 7:00:00 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • PTC's Onshape and Arena Selected by Nimble to Scale Superhumanoids that Power Next-Gen Autonomous Logistics

      BOSTON, July 8, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that Nimble, a leader in AI robotics and autonomous logistics technology, is replacing its legacy computer-aided design (CAD), product data management (PDM), product lifecycle management (PLM), and quality management system (QMS) tools with PTC's cloud-native Onshape® CAD and PDM platform and cloud-native Arena® PLM and QMS platform. In less than 60 days after initial evaluation, Nimble chose to fully transition from its file-based tools in favor of connected, cloud-native solutions to streamline collaborati

      7/8/25 8:30:00 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology

    $PTC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Pham Trac sold $6,210 worth of shares (38 units at $163.42), closing all direct ownership in the company (SEC Form 4)

      4 - PTC INC. (0000857005) (Issuer)

      5/12/25 4:02:30 PM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • EVP, GC and Secretary Von Staats Aaron C sold $318,080 worth of shares (1,988 units at $160.00), decreasing direct ownership by 10% to 17,731 units (SEC Form 4)

      4 - PTC INC. (0000857005) (Issuer)

      5/8/25 4:03:13 PM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • Director Lathan Corinna sold $96,740 worth of shares (622 units at $155.53), decreasing direct ownership by 8% to 7,604 units (SEC Form 4)

      4 - PTC INC. (0000857005) (Issuer)

      3/19/25 8:50:20 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology

    $PTC
    SEC Filings

    See more
    • SEC Form 10-Q filed by PTC Inc.

      10-Q - PTC INC. (0000857005) (Filer)

      5/1/25 4:01:50 PM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • PTC Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - PTC INC. (0000857005) (Filer)

      4/30/25 4:03:13 PM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • PTC Inc. filed SEC Form 8-K: Leadership Update

      8-K - PTC INC. (0000857005) (Filer)

      3/13/25 4:03:21 PM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology

    $PTC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • BMO Capital Markets reiterated coverage on PTC with a new price target

      BMO Capital Markets reiterated coverage of PTC with a rating of Outperform and set a new price target of $187.00 from $183.00 previously

      5/1/25 6:44:06 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • BMO Capital Markets reiterated coverage on PTC with a new price target

      BMO Capital Markets reiterated coverage of PTC with a rating of Outperform and set a new price target of $183.00 from $220.00 previously

      4/16/25 7:53:45 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • PTC downgraded by Analyst with a new price target

      Analyst downgraded PTC from Overweight to Neutral and set a new price target of $160.00

      4/9/25 8:36:07 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology

    $PTC
    Leadership Updates

    Live Leadership Updates

    See more
    • PTC Strengthens ALM and Systems Engineering Focus with Acquisition of IncQuery Group

      BOSTON, April 2, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced the acquisition of IncQuery Group. IncQuery Group offers application lifecycle management (ALM) and systems engineering development and consultancy services to global manufacturers and product companies. IncQuery Group helps simplify the product development process by connecting hardware and software engineering systems and enables better collaboration across development teams and more efficient management of product data. The acquisition further expands PTC's deep expertise in ALM, systems engineering, and

      4/2/25 8:00:00 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • PTC Appoints Trac Pham to Board of Directors

      BOSTON, March 13, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that it has appointed Trac Pham to its Board of Directors, effective March 17, 2025. Pham is the former Chief Financial Officer of Synopsys, a recognized leader in electronic design automation and semiconductor development. During his tenure as CFO, Pham led Synopsys through two significant transformations that helped scale the company from $2.0B to $5.1B in revenue while expanding operating margins. He is currently on the Board of Directors of UKG and SiFive, serving as Chair of the Audit Committee for bo

      3/13/25 4:00:00 PM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • PTC Appoints Robert Dahdah as Executive Vice President, Chief Revenue Officer

      BOSTON, Dec. 9, 2024 /PRNewswire/ -- PTC (NASDAQ:PTC) today announced that it has appointed Robert Dahdah as Executive Vice President, Chief Revenue Officer. Dahdah joins PTC from Microsoft, where he served as Corporate Vice President of Global Healthcare and Life Sciences. Dahdah will be responsible for global sales and customer success for PTC's Digital Thread group and the overall execution of the company's vertical-focused go-to-market strategy. "Rob is an accomplished go-to-market leader with a proven track record of delivering results, building winning teams, and creatin

      12/9/24 8:30:00 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology

    $PTC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by PTC Inc.

      SC 13G/A - PTC INC. (0000857005) (Subject)

      11/14/24 1:28:29 PM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13G/A filed by PTC Inc. (Amendment)

      SC 13G/A - PTC INC. (0000857005) (Subject)

      6/10/24 1:45:47 PM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13G/A filed by PTC Inc. (Amendment)

      SC 13G/A - PTC INC. (0000857005) (Subject)

      3/7/24 12:29:51 PM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology

    $PTC
    Financials

    Live finance-specific insights

    See more
    • PTC to Announce Fiscal Q3'25 Results on Wednesday, July 30th, 2025

      BOSTON, July 9, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2025 third quarter results on Wednesday, July 30th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, July 30th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What:  PTC Fiscal Q3'25 Conference Call and Webcast When:

      7/9/25 7:00:00 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • PTC ANNOUNCES SECOND FISCAL QUARTER 2025 RESULTS

      Delivered solid execution in Q2'25 and exceeded guidance across all metricsConstant Currency ARR Growth of 10% Operating Cash Flow Growth of 12%Free Cash Flow Growth of 13%Proceeding with share repurchases under our $2 billion authorizationContinuing to build a strong foundation for AI-driven and verticalized growthUpdating FY'25 guidance to proactively manage macroeconomic riskBOSTON, April 30, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) today reported financial results for its second fiscal quarter ended March 31, 2025. "Q2 was a solid quarter for us, and I remain extremely optimi

      4/30/25 4:01:00 PM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology
    • PTC to Announce Fiscal Q2'25 Results on Wednesday, April 30th, 2025

      BOSTON, April 9, 2025 /PRNewswire/ -- PTC (NASDAQ:PTC) will release its fiscal 2025 second quarter results on Wednesday, April 30th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, April 30th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What:  PTC Fiscal Q2'25 Conference Call and Webcast W

      4/9/25 7:00:00 AM ET
      $PTC
      Computer Software: Prepackaged Software
      Technology