Proto Labs (NYSE:PRLB) Director Sells $154,560.00 in Stock

Proto Labs, Inc. (NYSE:PRLB) Director Sven Wehrwein sold 2,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $77.28, for a total transaction of $154,560.00. Following the completion of the sale, the director directly owned 32,505 shares of the company’s stock, valued at $2,511,986.40. The trade was a 5.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Proto Labs Stock Performance

NYSE PRLB traded up $0.22 on Thursday, reaching $74.89. The company’s stock had a trading volume of 157,097 shares, compared to its average volume of 181,668. Proto Labs, Inc. has a twelve month low of $37.16 and a twelve month high of $78.52. The stock has a market cap of $1.78 billion, a PE ratio of 70.65 and a beta of 1.39. The firm’s 50 day moving average is $65.86 and its two-hundred day moving average is $59.09.

Proto Labs (NYSE:PRLB) last issued its quarterly earnings results on Friday, May 1st. The industrial products company reported $0.54 earnings per share for the quarter, beating 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 company had revenue of $139.34 million during the quarter, compared to the consensus estimate of $135.31 million. During the same period in the prior year, the company earned $0.33 EPS. Proto Labs’s revenue was up 10.4% on a year-over-year basis. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. Equities research analysts anticipate that Proto Labs, Inc. will post 1.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PRLB. Weiss Ratings raised shares of Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Wall Street Zen lowered shares of Proto Labs from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. One investment 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, the company has a consensus rating of “Buy” and a consensus price target of $53.33.

Hedge Funds Weigh In On Proto Labs

A number of large investors have recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of Proto Labs by 38.3% in the 1st quarter. Bank of America Corp DE now owns 129,113 shares of the industrial products company’s stock valued at $7,362,000 after purchasing an additional 35,784 shares during the period. Edgestream Partners L.P. acquired a new position in shares of Proto Labs in the 1st quarter valued at about $1,084,000. Amundi increased its holdings in shares of Proto Labs by 16.9% in the 1st quarter. Amundi now owns 14,082 shares of the industrial products company’s stock valued at $803,000 after purchasing an additional 2,031 shares during the period. Quantinno Capital Management LP increased its holdings in shares of Proto Labs by 98.9% in the 1st quarter. Quantinno Capital Management LP now owns 27,716 shares of the industrial products company’s stock valued at $1,580,000 after purchasing an additional 13,781 shares during the period. Finally, Lazard Asset Management LLC increased its holdings in shares of Proto Labs by 31.4% in the 1st quarter. Lazard Asset Management LLC now owns 99,333 shares of the industrial products company’s stock valued at $5,664,000 after purchasing an additional 23,759 shares during the period. Institutional investors and hedge funds own 84.54% of the company’s stock.

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.