State of Wyoming Takes Position in Proto Labs, Inc. $PRLB

State of Wyoming purchased a new stake in Proto Labs, Inc. (NYSE:PRLB) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,370 shares of the industrial products company’s stock, valued at approximately $1,334,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Group One Trading LLC acquired a new stake in Proto Labs in the 4th quarter valued at about $25,000. NewEdge Advisors LLC lifted its position in shares of Proto Labs by 7,380.0% during the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 738 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of Proto Labs during the fourth quarter worth approximately $46,000. USA Financial Formulas bought a new stake in shares of Proto Labs during the first quarter valued at approximately $52,000. Finally, Modus Advisors LLC bought a new stake in shares of Proto Labs during the fourth quarter valued at approximately $57,000. Institutional investors and hedge funds own 84.54% of the company’s stock.

Wall Street Analyst Weigh In

PRLB has been the subject of several research analyst reports. Needham & Company LLC upgraded shares of Proto Labs from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a research report on Monday, August 3rd. Benchmark increased their price objective on Proto Labs from $70.00 to $91.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Weiss Ratings raised Proto Labs from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, August 3rd. Wall Street Zen downgraded Proto Labs from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. Finally, Zacks Research raised Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to data from MarketBeat, Proto Labs currently has an average rating of “Buy” and a consensus price target of $89.00.

Proto Labs Stock Performance

Shares of Proto Labs stock opened at $91.77 on Friday. The firm has a fifty day moving average of $79.89 and a two-hundred day moving average of $69.13. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 73.42 and a beta of 1.40. Proto Labs, Inc. has a 52 week low of $45.10 and a 52 week high of $93.00.

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

Insider Activity

In other news, Director Sven Wehrwein sold 2,000 shares of the business’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 in the company, valued at approximately $2,511,986.40. The trade was a 5.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.30% of the company’s stock.

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.