Proto Labs Inc (NYSE:PRLB) VP Robert Bodor sold 1,891 shares of the business’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $106.00, for a total value of $200,446.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Robert Bodor also recently made the following trade(s):

  • On Monday, December 11th, Robert Bodor sold 4,000 shares of Proto Labs stock. The shares were sold at an average price of $94.79, for a total value of $379,160.00.

Proto Labs Inc (NYSE PRLB) traded up $2.35 during trading hours on Wednesday, hitting $108.80. The stock had a trading volume of 187,395 shares, compared to its average volume of 172,906. The company has a market cap of $2,817.80, a P/E ratio of 56.37, a price-to-earnings-growth ratio of 2.37 and a beta of 1.08. Proto Labs Inc has a 1 year low of $48.00 and a 1 year high of $113.05.

Proto Labs (NYSE:PRLB) last released its earnings results on Thursday, February 8th. The industrial products company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.05. The firm had revenue of $94.18 million during the quarter, compared to the consensus estimate of $92.20 million. Proto Labs had a return on equity of 12.22% and a net margin of 15.03%. The company’s revenue was up 30.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 EPS. sell-side analysts forecast that Proto Labs Inc will post 2.19 earnings per share for the current fiscal year.

Several research firms recently issued reports on PRLB. Zacks Investment Research upgraded Proto Labs from a “hold” rating to a “buy” rating and set a $125.00 price target for the company in a research note on Tuesday, January 23rd. Craig Hallum set a $92.00 price target on Proto Labs and gave the company a “hold” rating in a research note on Monday, November 27th. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $84.00 target price on shares of Proto Labs in a research report on Thursday, December 14th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Proto Labs has a consensus rating of “Hold” and a consensus price target of $86.50.

Several large investors have recently added to or reduced their stakes in the company. Brown Capital Management LLC lifted its position in shares of Proto Labs by 2.4% during the 4th quarter. Brown Capital Management LLC now owns 3,896,579 shares of the industrial products company’s stock valued at $401,348,000 after acquiring an additional 92,395 shares during the period. BlackRock Inc. lifted its position in shares of Proto Labs by 2.4% during the 4th quarter. BlackRock Inc. now owns 3,053,965 shares of the industrial products company’s stock valued at $314,558,000 after acquiring an additional 72,731 shares during the period. Vanguard Group Inc. lifted its position in shares of Proto Labs by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 2,176,051 shares of the industrial products company’s stock valued at $146,339,000 after acquiring an additional 56,724 shares during the period. New York State Common Retirement Fund lifted its position in shares of Proto Labs by 2.1% during the 3rd quarter. New York State Common Retirement Fund now owns 651,475 shares of the industrial products company’s stock valued at $52,313,000 after acquiring an additional 13,206 shares during the period. Finally, State Street Corp lifted its position in shares of Proto Labs by 5.2% during the 2nd quarter. State Street Corp now owns 595,748 shares of the industrial products company’s stock valued at $40,063,000 after acquiring an additional 29,561 shares during the period.

TRADEMARK VIOLATION NOTICE: “Insider Selling: Proto Labs Inc (PRLB) VP Sells 1,891 Shares of Stock” was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another website, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this piece can be read at https://www.thecerbatgem.com/2018/02/14/insider-selling-proto-labs-inc-prlb-vp-sells-1891-shares-of-stock.html.

Proto Labs Company Profile

Proto Labs, Inc is an e-commerce driven digital manufacturer of on-demand three dimensional (3D) printed, computer numerical control (CNC) machined and injection-molded custom parts for prototyping and short-run production. The Company’s geographic segments include the United States, Europe and Japan.

Insider Buying and Selling by Quarter for Proto Labs (NYSE:PRLB)

Receive News & Ratings for Proto Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Proto Labs and related companies with MarketBeat.com's FREE daily email newsletter.