Significant Insider Selling Continues at PTC (PTC)

Friday, February 02, 2018 10:15 PM ET

Significant Insider Selling Continues at PTC (PTC)

One PTC insider — James E Heppelmann, Director and Officer — today, disposed of 25,000 shares having a market value of approximately $1,808,563, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 16,393 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 41,393 shares and have averaged 20,697 shares per transaction over this time period.

The trading activity at PTC for buy-sell trades is close to that of the 33 member peer company average. The average level of shares per transaction for PTC insider buy-sell trading is close to that of the company’s peer group. Within the Application Software peer group there were 1,125 shares purchased and 1,760,863 shares sold resulting in an average of 21,488 shares traded and netting out with company insiders disposing of 21,460 shares on average.

The data sourced in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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