Proto Labs, Inc. $PRLB Stock Position Raised by Quantinno Capital Management LP

Quantinno Capital Management LP increased its position in Proto Labs, Inc. (NYSE:PRLBFree Report) by 98.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 27,716 shares of the industrial products company’s stock after purchasing an additional 13,781 shares during the period. Quantinno Capital Management LP’s holdings in Proto Labs were worth $1,580,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Illinois Municipal Retirement Fund raised its stake in Proto Labs by 2.4% during the 1st quarter. Illinois Municipal Retirement Fund now owns 12,871 shares of the industrial products company’s stock valued at $734,000 after purchasing an additional 300 shares during the period. Horizon Investments LLC boosted its position in shares of Proto Labs by 3.4% in the fourth quarter. Horizon Investments LLC now owns 11,886 shares of the industrial products company’s stock worth $601,000 after buying an additional 395 shares during the period. Federated Hermes Inc. grew its holdings in shares of Proto Labs by 1.5% during the fourth quarter. Federated Hermes Inc. now owns 30,748 shares of the industrial products company’s stock valued at $1,556,000 after buying an additional 469 shares in the last quarter. Group One Trading LLC purchased a new position in shares of Proto Labs during the fourth quarter valued at $25,000. Finally, Creative Planning raised its position in Proto Labs by 9.0% during the third quarter. Creative Planning now owns 6,883 shares of the industrial products company’s stock valued at $344,000 after buying an additional 569 shares during the period. 84.54% of the stock is currently owned by hedge funds and other institutional investors.

Proto Labs Trading Up 0.4%

Shares of NYSE:PRLB opened at $90.80 on Thursday. Proto Labs, Inc. has a 1 year low of $45.10 and a 1 year high of $92.17. The business has a fifty day simple moving average of $79.17 and a 200 day simple moving average of $68.69. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 72.64 and a beta of 1.40.

Proto Labs (NYSE:PRLBGet Free Report) last released its quarterly earnings data on Friday, July 31st. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07. Proto Labs had a return on equity of 4.80% and a net margin of 5.44%.The firm had revenue of $149.34 million during the quarter, compared to analysts’ expectations of $144.53 million. During the same quarter last year, the firm earned $0.41 earnings per share. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. Proto Labs has set its Q3 2026 guidance at 0.560-0.640 EPS. On average, sell-side analysts forecast that Proto Labs, Inc. will post 1.46 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Weiss Ratings raised Proto Labs from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, August 3rd. Zacks Research raised Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Wall Street Zen downgraded Proto Labs from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Benchmark raised their price target on shares of Proto Labs from $70.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Finally, Needham & Company LLC raised shares of Proto Labs from a “hold” rating to a “buy” rating and set a $87.00 price objective on the stock in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to MarketBeat.com, Proto Labs has a consensus rating of “Buy” and an average price target of $89.00.

Read Our Latest Research Report on PRLB

Insider Activity

In other news, Director Sven Wehrwein sold 2,000 shares of Proto Labs stock in a transaction dated Tuesday, June 2nd. The stock was 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 in the company, valued at $2,511,986.40. The trade was a 5.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.30% of the stock is currently owned by corporate insiders.

Proto Labs Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Proto Labs (NYSE:PRLB)

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