Shares of PTC (NASDAQ:PTC) Sees Large Outflow of Money

PTC (NASDAQ:PTC) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($2.77 million) and the uptick to downtick ratio was 0.61. The transaction value on upticks was $4.26 million and on downticks, the transaction value was $7.03 million. The transaction value of block trades during downticks was $3.53 million. The money flow was negative ($3.53 million), indicating the traders were booking profit on the price strength. PTC (NASDAQ:PTC) rose $1 at $36.19, during intraday Wednesday , a rise of 2.84% over the previous days close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Cohen Barry F, officer (EVP Strategy) of Ptc Inc., had unloaded 30,000 shares at an average price of $35.77 in a transaction dated on May 31, 2016. The total value of the transaction was worth $1,073,100. Currently the company Insiders own 1.02% of PTC shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.8% . Institutional Investors own 93.16% of PTC shares. During last six month period, the net percent change held by insiders has seen a change of -11.33%.

The company shares have dropped -14.69% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $41.80 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $36.72 and the 200 Day Moving Average price is recorded at $33.47. PTC (NASDAQ:PTC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.62 and $35.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.43. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.27, notching a gain of 3.07% for the day. The total traded volume was 1,358,915 . The stock had closed at $35.19 on the previous day.

PTC Inc., develops and delivers technology solutions, comprised of software and services, that transform the way customers create and service their products The Company operates in two Software Products, which includes license and related support revenue for all its products except training-related products, and Services, which includes consulting, implementation, training and license and support revenue for computer-based training products. The Companys solutions and software products include Computer-Aided Design (CAD), Product Lifecycle Management (PLM), Application Lifecycle Management (ALM), Supply Chain Management (SCM) and Service Lifecycle Management (SLM). The Company generates revenue through the sale of software licenses, support and services.

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