Proto Labs (NYSE:PRLB) CFO Daniel Schumacher Sells 4,900 Shares

Proto Labs, Inc. (NYSE:PRLB) CFO Daniel Schumacher sold 4,900 shares of Proto Labs stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $85.21, for a total value of $417,529.00. Following the completion of the transaction, the chief financial officer directly owned 40,019 shares of the company’s stock, valued at $3,410,018.99. This represents a 10.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Daniel Schumacher also recently made the following trade(s):

• On Wednesday, September 16th, Daniel Schumacher sold 100 shares of Proto Labs stock. The stock was sold at an average price of $85.00, for a total transaction of $8,500.00.

Proto Labs Stock Up 1.2%

NYSE:PRLB traded up $1.05 during mid-day trading on Friday, reaching $87.47. 453,613 shares of the company were exchanged, compared to its average volume of 196,226. The stock has a market cap of $2.09 billion, a PE ratio of 69.98 and a beta of 1.42. Proto Labs, Inc. has a 12 month low of $45.10 and a 12 month high of $93.00. The company has a fifty day moving average of $81.14 and a 200 day moving average of $72.55.

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

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Proto Labs

A number of institutional investors have recently made changes to their positions in PRLB. Engineers Gate Manager LP raised its position in shares of Proto Labs by 84.7% in the 2nd quarter. Engineers Gate Manager LP now owns 26,780 shares of the industrial products company’s stock valued at $2,183,000 after acquiring an additional 12,280 shares during the period. Corient Private Wealth LP increased its stake in Proto Labs by 16.1% in the second quarter. Corient Private Wealth LP now owns 12,427 shares of the industrial products company’s stock valued at $1,013,000 after purchasing an additional 1,723 shares in the last quarter. Angeles Wealth Management LLC increased its stake in Proto Labs by 12.4% in the second quarter. Angeles Wealth Management LLC now owns 5,045 shares of the industrial products company’s stock valued at $411,000 after purchasing an additional 555 shares in the last quarter. Turner Financial Group Inc. acquired a new stake in Proto Labs in the second quarter worth $395,000. Finally, Susquehanna Fundamental Investments LLC raised its holdings in Proto Labs by 227.0% in the second quarter. Susquehanna Fundamental Investments LLC now owns 33,760 shares of the industrial products company’s stock worth $2,752,000 after purchasing an additional 23,435 shares during the period. 84.54% of the stock is owned by institutional investors and hedge funds.

About Proto Labs

Proto Labs, Inc (NYSE: PRLB), doing business as Protolabs, is a digital manufacturing company that provides rapid prototyping and on-demand production services. Its platform enables engineers and product developers to upload three-dimensional computer-aided design files, receive automated design analyses and quotes, and order custom parts through a streamlined online process.

The company offers computer numerical control machining, injection molding, 3D printing and sheet-metal fabrication.