Proto Labs (NYSE:PRLB) Director Sells $154,560.00 in Stock

Proto Labs, Inc. (NYSE:PRLB) Director Sven Wehrwein sold 2,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $77.28, for a total transaction of $154,560.00. Following the completion of the transaction, the director owned 32,505 shares in the company, valued at $2,511,986.40. The trade was a 5.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Proto Labs Price Performance

Shares of NYSE PRLB opened at $72.85 on Friday. Proto Labs, Inc. has a 1 year low of $37.38 and a 1 year high of $78.52. The company’s 50-day moving average is $66.43 and its 200 day moving average is $59.38. The stock has a market capitalization of $1.73 billion, a P/E ratio of 68.73 and a beta of 1.39.

Proto Labs (NYSE:PRLB) last announced its quarterly earnings results on Friday, May 1st. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.14. Proto Labs had a net margin of 4.71% and a return on equity of 4.15%. The company had revenue of $139.34 million for the quarter, compared to analysts’ expectations of $135.31 million. During the same quarter in the previous year, the company earned $0.33 earnings per share. Proto Labs’s quarterly revenue was up 10.4% on a year-over-year basis. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. Research analysts anticipate that Proto Labs, Inc. will post 1.37 earnings per share for the current year.

Institutional Investors Weigh In On Proto Labs

Hedge funds have recently bought and sold shares of the business. Essex Investment Management Co. LLC bought a new stake in Proto Labs during the third quarter worth about $1,045,000. Allianz Asset Management GmbH bought a new stake in Proto Labs during the third quarter worth about $456,000. SG Americas Securities LLC boosted its stake in Proto Labs by 40.8% during the fourth quarter. SG Americas Securities LLC now owns 30,155 shares of the industrial products company’s stock worth $1,526,000 after acquiring an additional 8,736 shares in the last quarter. Hillsdale Investment Management Inc. boosted its stake in Proto Labs by 10.4% during the third quarter. Hillsdale Investment Management Inc. now owns 169,584 shares of the industrial products company’s stock worth $8,484,000 after acquiring an additional 15,960 shares in the last quarter. Finally, Polar Asset Management Partners Inc. bought a new stake in Proto Labs during the third quarter worth about $6,425,000. Institutional investors own 84.54% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on PRLB. Weiss Ratings upgraded shares of Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Zacks Research upgraded shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, Wall Street Zen upgraded shares of Proto Labs from a “buy” rating to a “strong-buy” rating in a research report on Sunday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $53.33.

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.