Insider Selling: Proto Labs (NYSE:PRLB) Insider Sells 7,433 Shares of Stock

Proto Labs, Inc. (NYSE:PRLB) insider Michael Kenison sold 7,433 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $70.26, for a total transaction of $522,242.58. Following the completion of the transaction, the insider owned 27,186 shares of the company’s stock, valued at approximately $1,910,088.36. This trade represents a 21.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Proto Labs Price Performance

NYSE PRLB traded up $0.65 during trading hours on Wednesday, reaching $71.67. The company’s stock had a trading volume of 210,665 shares, compared to its average volume of 179,459. The firm has a fifty day simple moving average of $61.02 and a 200-day simple moving average of $56.63. The stock has a market cap of $1.71 billion, a P/E ratio of 67.61 and a beta of 1.36. Proto Labs, Inc. has a 52 week low of $36.15 and a 52 week high of $72.53.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Amalgamated Bank grew its position in Proto Labs by 3.4% in the 3rd quarter. Amalgamated Bank now owns 7,071 shares of the industrial products company’s stock valued at $354,000 after purchasing an additional 235 shares during the period. Illinois Municipal Retirement Fund grew its position in Proto Labs by 2.4% in the 1st quarter. Illinois Municipal Retirement Fund now owns 12,871 shares of the industrial products company’s stock valued at $734,000 after purchasing an additional 300 shares during the period. SG Americas Securities LLC grew its position in Proto Labs by 1.7% in the 3rd quarter. SG Americas Securities LLC now owns 21,419 shares of the industrial products company’s stock valued at $1,072,000 after purchasing an additional 349 shares during the period. Horizon Investments LLC grew its position in Proto Labs by 3.4% in 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. grew its position in Proto Labs by 4.7% in 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. Institutional investors own 84.54% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on PRLB shares. Weiss Ratings upgraded shares of Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Zacks Research upgraded shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Monday. One investment 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 company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average 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.