S Squared Technology LLC Takes Position in Proto Labs, Inc. $PRLB

S Squared Technology LLC bought a new stake in Proto Labs, Inc. (NYSE:PRLB) in the 2nd quarter, Holdings Channel.com reports. The fund bought 288,120 shares of the industrial products company’s stock, valued at approximately $23,484,661,000. Proto Labs accounts for about 7.3% of S Squared Technology LLC’s holdings, making the stock its 3rd biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Group One Trading LLC purchased a new stake in Proto Labs in the 4th quarter valued at about $25,000. NewEdge Advisors LLC increased its stake in shares of 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 acquiring an additional 738 shares during the last quarter. NBC Securities Inc. purchased a new position in shares of Proto Labs during the 4th quarter worth about $46,000. USA Financial Formulas purchased a new position in shares of Proto Labs during the 1st quarter worth about $52,000. Finally, Modus Advisors LLC acquired a new stake in shares of Proto Labs in the fourth quarter worth approximately $57,000. 84.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other news, Director Sven Wehrwein sold 2,000 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $77.28, for a total value of $154,560.00. Following the completion of the sale, the director owned 32,505 shares in the company, valued at approximately $2,511,986.40. This trade represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.30% of the company’s stock.

Proto Labs Trading Down 3.8%

Shares of Proto Labs stock opened at $76.55 on Tuesday. Proto Labs, Inc. has a twelve month low of $45.10 and a twelve month high of $93.00. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of 61.24 and a beta of 1.40. The company has a fifty day moving average price of $80.52 and a 200 day moving average price of $70.47.

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

Proto Labs Profile

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.