Proto Labs (NYSE:PRLB) Sets New 1-Year High – Here’s Why

Shares of Proto Labs, Inc. (NYSE:PRLB) hit a new 52-week high during trading on Monday . The company traded as high as $79.48 and last traded at $80.9850, with a volume of 179069 shares trading hands. The stock had previously closed at $78.94.

Analyst Ratings Changes

Several analysts have recently commented on the company. Weiss Ratings raised Proto Labs from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Wall Street Zen downgraded shares of Proto Labs from a “strong-buy” rating to a “buy” rating in a report on Monday. Finally, Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to MarketBeat, Proto Labs currently has an average rating of “Buy” and a consensus price target of $53.33.

Proto Labs Stock Up 1.0%

The company has a 50-day moving average price of $68.40 and a two-hundred day moving average price of $60.47. The stock has a market capitalization of $1.90 billion, a P/E ratio of 75.20 and a beta of 1.39.

Proto Labs (NYSE:PRLB) last posted its earnings results on Friday, May 1st. The industrial products company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.40 by $0.14. Proto Labs had a return on equity of 4.15% and a net margin of 4.71%.The business had revenue of $139.34 million during the quarter, compared to analysts’ expectations of $135.31 million. During the same period in the previous year, the business earned $0.33 earnings per share. The firm’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. On average, sell-side analysts expect that Proto Labs, Inc. will post 1.37 earnings per share for the current year.

Insider Activity at Proto Labs

In other Proto Labs news, insider Michael R. Kenison sold 16,030 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $69.49, for a total value of $1,113,924.70. Following the completion of the sale, the insider owned 18,683 shares of the company’s stock, valued at $1,298,281.67. This represents a 46.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sven Wehrwein sold 2,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $77.28, for a total value of $154,560.00. Following the completion of the sale, the director directly owned 32,505 shares of the company’s stock, valued at approximately $2,511,986.40. This trade represents a 5.80% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 25,663 shares of company stock valued at $1,804,727. 1.30% of the stock is owned by insiders.

Institutional Trading of Proto Labs

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Group One Trading LLC bought a new position in shares of Proto Labs in the 4th quarter worth approximately $25,000. NewEdge Advisors LLC increased its position in Proto Labs by 7,380.0% during 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 in the last quarter. NBC Securities Inc. bought a new position in Proto Labs during the 4th quarter valued at approximately $46,000. Modus Advisors LLC bought a new position in Proto Labs during the 4th quarter valued at approximately $57,000. Finally, Aquatic Capital Management LLC bought a new position in Proto Labs during the 3rd quarter valued at approximately $64,000. Hedge funds and other institutional investors 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.