Polar Asset Management Partners Inc. Takes Position in Proto Labs, Inc. $PRLB

Polar Asset Management Partners Inc. purchased a new stake in shares of Proto Labs, Inc. (NYSE:PRLB) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 128,429 shares of the industrial products company’s stock, valued at approximately $6,425,000. Polar Asset Management Partners Inc. owned approximately 0.54% of Proto Labs at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Rubric Capital Management LP grew its stake in Proto Labs by 791.9% in the 2nd quarter. Rubric Capital Management LP now owns 1,034,171 shares of the industrial products company’s stock valued at $41,408,000 after buying an additional 918,219 shares in the last quarter. American Capital Management Inc. lifted its position in shares of Proto Labs by 417.0% during the third quarter. American Capital Management Inc. now owns 279,296 shares of the industrial products company’s stock worth $13,973,000 after acquiring an additional 225,269 shares in the last quarter. SG Capital Management LLC bought a new position in shares of Proto Labs in the third quarter worth $5,683,000. Lazard Asset Management LLC boosted its holdings in shares of Proto Labs by 952.6% in the third quarter. Lazard Asset Management LLC now owns 90,587 shares of the industrial products company’s stock worth $4,532,000 after acquiring an additional 81,981 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of Proto Labs by 301.4% in the third quarter. JPMorgan Chase & Co. now owns 87,339 shares of the industrial products company’s stock valued at $4,370,000 after purchasing an additional 65,583 shares in the last quarter. 84.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

PRLB has been the topic of a number of analyst reports. Zacks Research upgraded Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Proto Labs in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Proto Labs currently has a consensus rating of “Buy” and an average target price of $53.33.

Proto Labs Price Performance

NYSE PRLB opened at $56.23 on Thursday. The company’s 50 day simple moving average is $58.65 and its two-hundred day simple moving average is $53.61. Proto Labs, Inc. has a 1 year low of $29.58 and a 1 year high of $68.91. The stock has a market capitalization of $1.34 billion, a PE ratio of 63.89 and a beta of 1.25.

Proto Labs (NYSE:PRLB) last released its quarterly earnings results on Friday, February 6th. The industrial products company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.09. Proto Labs had a net margin of 3.98% and a return on equity of 3.19%. The firm had revenue of $136.49 million during the quarter, compared to analyst estimates of $129.07 million. During the same period in the previous year, the business earned $0.38 EPS. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. On average, research analysts anticipate that Proto Labs, Inc. will post 0.81 EPS for the current year.

Insider Buying and Selling

In other Proto Labs news, insider Michael R. Kenison sold 2,500 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $60.00, for a total value of $150,000.00. Following the transaction, the insider directly owned 34,526 shares in the company, valued at $2,071,560. This represents a 6.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.70% of the stock is currently owned by insiders.

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.