Insider Selling: Proto Labs (NYSE:PRLB) Insider Sells 2,500 Shares of Stock

Proto Labs, Inc. (NYSE:PRLB) insider Michael Kenison sold 2,500 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $60.00, for a total transaction of $150,000.00. Following the completion of the transaction, the insider owned 34,526 shares in the company, valued at $2,071,560. This trade represents a 6.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Proto Labs Trading Down 1.9%

PRLB stock traded down $1.29 during midday trading on Monday, reaching $65.88. 523,360 shares of the company’s stock traded hands, compared to its average volume of 197,464. Proto Labs, Inc. has a 52-week low of $29.58 and a 52-week high of $68.00. The stock has a market cap of $1.56 billion, a P/E ratio of 74.86 and a beta of 1.24. The stock’s 50-day moving average is $53.10 and its 200 day moving average is $50.52.

Proto Labs (NYSE:PRLB) last issued its quarterly earnings data on Friday, February 6th. The industrial products company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.09. The firm had revenue of $136.49 million during the quarter, compared to the consensus estimate of $129.07 million. Proto Labs had a net margin of 3.98% and a return on equity of 3.20%. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.38 EPS. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. As a group, research analysts expect that Proto Labs, Inc. will post 0.81 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PRLB. Amalgamated Bank increased its stake in shares of Proto Labs by 3.4% during the third quarter. Amalgamated Bank now owns 7,071 shares of the industrial products company’s stock valued at $354,000 after buying an additional 235 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Proto Labs by 4.1% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,103 shares of the industrial products company’s stock worth $244,000 after acquiring an additional 238 shares during the period. SG Americas Securities LLC grew its holdings in Proto Labs by 1.7% during the 3rd quarter. SG Americas Securities LLC now owns 21,419 shares of the industrial products company’s stock worth $1,072,000 after acquiring an additional 349 shares in the last quarter. Horizon Investments LLC increased its position in Proto Labs by 3.4% during the 4th quarter. Horizon Investments LLC now owns 11,886 shares of the industrial products company’s stock valued at $601,000 after purchasing an additional 395 shares during the period. Finally, Diversified Trust Co. increased its position in Proto Labs by 4.7% during the 4th quarter. Diversified Trust Co. now owns 10,495 shares of the industrial products company’s stock valued at $531,000 after purchasing an additional 467 shares during the period. 84.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Proto Labs in a research report on Thursday, January 22nd. Benchmark raised their target price on shares of Proto Labs from $45.00 to $55.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Finally, Zacks Research lowered shares of Proto Labs from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Proto Labs has a consensus rating of “Moderate Buy” and a consensus price target of $53.33.

Proto Labs Company 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.