Ptc Inc. (PTC) Files Form 4 Insider Selling : Paul A Lacy Sells 8,779 Shares

Ptc Inc. (PTC): Paul A Lacy , director of Ptc Inc. sold 8,779 shares on Jul 21, 2016. The Insider selling transaction was reported by the company on Jul 21, 2016 to the Securities and Exchange Commission. The shares were sold at $40.42 per share for a total value of $354,870.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 1, 2016, Barry F Cohen (EVP Strategy) sold 30,000 shares at $35.77 per share price.On May 4, 2016, James E Heppelmann (President and CEO) sold 25,000 shares at $36.53 per share price.Also, On May 4, 2016, Robert C Gremley (EVP, Technology Platform Group) sold 3,978 shares at $36.53 per share price.On Apr 25, 2016, Robert Schechter (director) sold 1,430 shares at $36.08 per share price.

PTC Inc: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in PTC Inc which led to swings in the share price. The shares opened for trading at $39.39 and hit $39.97 on the upside , eventually ending the session at $39.56, with a gain of 1.33% or 0.52 points. The heightened volatility saw the trading volume jump to 27,66,327 shares. The 52-week high of the share price is $39.97 and the company has a market cap of $4,534 M . The 52-week low of the share price is at $27.06.

PTC Inc Money Flow Index Chart

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 Company’s 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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