Insider Selling: Proto Labs (NYSE:PRLB) Insider Sells 16,030 Shares of Stock

Proto Labs, Inc. (NYSE:PRLB) insider Michael Kenison sold 16,030 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $69.49, for a total transaction of $1,113,924.70. Following the transaction, the insider directly owned 18,683 shares in the company, valued at approximately $1,298,281.67. This represents a 46.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Proto Labs Stock Performance

NYSE:PRLB traded up $0.65 during mid-day trading on Wednesday, reaching $71.67. 210,665 shares of the company’s stock were exchanged, compared to its average volume of 179,459. Proto Labs, Inc. has a one year low of $36.15 and a one year high of $72.53. The firm has a market capitalization of $1.71 billion, a PE ratio of 67.61 and a beta of 1.36. The business’s fifty day simple moving average is $61.02 and its two-hundred day simple moving average is $56.63.

Proto Labs (NYSE:PRLB) last released its quarterly earnings results on Friday, May 1st. The industrial products company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.14. Proto Labs had a net margin of 4.71% and a return on equity of 4.15%. The business had revenue of $139.34 million for the quarter, compared to analyst estimates of $135.31 million. During the same period last year, the firm earned $0.33 earnings per share. Proto Labs’s revenue for the quarter was up 10.4% compared to the same quarter last year. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. As a group, equities research analysts forecast that Proto Labs, Inc. will post 1.37 EPS for the current year.

Hedge Funds Weigh In On Proto Labs

Several hedge funds have recently bought and sold shares of PRLB. Group One Trading LLC bought a new position in Proto Labs in the 4th quarter valued at about $25,000. NewEdge Advisors LLC increased its holdings in Proto Labs by 7,380.0% in the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock valued at $26,000 after buying an additional 738 shares during the period. NBC Securities Inc. bought a new position in Proto Labs in the 4th quarter valued at about $46,000. Modus Advisors LLC bought a new position in Proto Labs in the 4th quarter valued at about $57,000. Finally, Aquatic Capital Management LLC bought a new position in Proto Labs in the 3rd quarter valued at about $64,000. 84.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on PRLB shares. Weiss Ratings raised shares of Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Proto Labs currently has an average rating of “Buy” and a consensus price target of $53.33.

About Proto Labs

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.