91,512 Shares in Proto Labs, Inc. $PRLB Acquired by Puzo Michael J

Puzo Michael J bought a new position in shares of Proto Labs, Inc. (NYSE:PRLB) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 91,512 shares of the industrial products company’s stock, valued at approximately $8,304,000. Proto Labs comprises about 2.1% of Puzo Michael J’s holdings, making the stock its 20th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PRLB. Great Lakes Advisors LLC purchased a new stake in Proto Labs in the second quarter valued at $6,698,000. BlackRock Inc. purchased a new position in shares of Proto Labs during the 2nd quarter worth $317,581,000. Deutsche Bank AG purchased a new position in shares of Proto Labs during the 2nd quarter worth $2,047,000. Rice Hall James & Associates LLC acquired a new stake in shares of Proto Labs during the 2nd quarter worth about $8,882,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Proto Labs during the 2nd quarter worth about $11,720,000. Hedge funds and other institutional investors own 84.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Needham & Company LLC raised shares of Proto Labs from a “hold” rating to a “buy” rating and set a $87.00 target price on the stock in a research report on Monday, August 3rd. Zacks Research upgraded shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research 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. Wall Street Zen lowered shares of Proto Labs from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Benchmark upped their price objective 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. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. According to MarketBeat, Proto Labs presently has a consensus rating of “Buy” and an average target price of $89.00.

Insider Transactions at Proto Labs

In other news, Director Sven Wehrwein sold 2,000 shares of the company’s 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 transaction, the director directly owned 32,505 shares of the company’s stock, valued at approximately $2,511,986.40. This represents a 5.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.30% of the stock is owned by company insiders.

Proto Labs Trading Down 3.3%

Shares of PRLB opened at $82.11 on Thursday. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 65.69 and a beta of 1.40. The firm’s fifty day simple moving average is $80.53 and its 200-day simple moving average is $69.94. Proto Labs, Inc. has a twelve month low of $45.10 and a twelve month high of $93.00.

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

About Proto Labs

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.