Vanguard Group Inc. Sells 78,750 Shares of Proto Labs, Inc. $PRLB

Vanguard Group Inc. lessened its holdings in shares of Proto Labs, Inc. (NYSE:PRLB) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,666,227 shares of the industrial products company’s stock after selling 78,750 shares during the quarter. Vanguard Group Inc. owned approximately 0.11% of Proto Labs worth $134,884,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PRLB. Rubric Capital Management LP lifted its stake in shares of Proto Labs by 791.9% during the 2nd quarter. Rubric Capital Management LP now owns 1,034,171 shares of the industrial products company’s stock worth $41,408,000 after buying an additional 918,219 shares during the last quarter. American Capital Management Inc. lifted its holdings in Proto Labs by 417.0% during the 3rd quarter. American Capital Management Inc. now owns 279,296 shares of the industrial products company’s stock worth $13,973,000 after purchasing an additional 225,269 shares during the last quarter. Polar Asset Management Partners Inc. bought a new stake in Proto Labs in the 3rd quarter valued at $6,425,000. SG Capital Management LLC bought a new stake in shares of Proto Labs in the third quarter valued at about $5,683,000. Finally, Lazard Asset Management LLC increased its position in Proto Labs by 952.6% during 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. 84.54% of the stock is currently owned by institutional investors and hedge funds.

Proto Labs Stock Up 2.3%

PRLB stock opened at $70.87 on Tuesday. Proto Labs, Inc. has a 52 week low of $36.15 and a 52 week high of $71.37. The business has a 50-day simple moving average of $60.84 and a 200 day simple moving average of $56.50. The company has a market cap of $1.69 billion, a PE ratio of 66.86 and a beta of 1.36.

Proto Labs (NYSE:PRLB) last released its earnings results on Friday, May 1st. The industrial products company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.14. Proto Labs had a return on equity of 4.15% and a net margin of 4.71%.The firm had revenue of $139.34 million during the quarter, compared to analysts’ expectations of $135.31 million. During the same period in the prior year, the company earned $0.33 earnings per share. The company’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. On average, analysts anticipate that Proto Labs, Inc. will post 1.37 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. 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 cut Proto Labs from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $53.33.

Proto Labs 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.