AlphaQuest LLC Buys 23,500 Shares of Proto Labs, Inc. $PRLB

AlphaQuest LLC grew its holdings in Proto Labs, Inc. (NYSE:PRLB) by 293,750.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,508 shares of the industrial products company’s stock after acquiring an additional 23,500 shares during the period. AlphaQuest LLC owned 0.10% of Proto Labs worth $941,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in Proto Labs by 249.4% in the first quarter. GAMMA Investing LLC now owns 926 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 661 shares during the period. Victory Capital Management Inc. bought a new position in Proto Labs in the first quarter worth approximately $584,000. CWM LLC raised its position in Proto Labs by 50.4% in the first quarter. CWM LLC now owns 1,840 shares of the industrial products company’s stock worth $64,000 after acquiring an additional 617 shares during the period. Strs Ohio bought a new position in Proto Labs in the first quarter worth approximately $596,000. Finally, Voya Investment Management LLC raised its position in Proto Labs by 259.3% in the first quarter. Voya Investment Management LLC now owns 28,293 shares of the industrial products company’s stock worth $991,000 after acquiring an additional 20,419 shares during the period. 84.54% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

PRLB has been the topic of several recent research reports. Wall Street Zen upgraded shares of Proto Labs from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Cantor Fitzgerald increased their price target on shares of Proto Labs from $50.00 to $51.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a research note on Saturday. Finally, Craig Hallum raised shares of Proto Labs from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research note on Friday, August 1st. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $52.50.

Insiders Place Their Bets

In related news, CEO Suresh Krishna bought 1,725 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The stock was bought at an average cost of $43.51 per share, with a total value of $75,054.75. Following the completion of the purchase, the chief executive officer owned 18,021 shares of the company’s stock, valued at approximately $784,093.71. The trade was a 10.59% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.20% of the company’s stock.

Proto Labs Price Performance

Shares of NYSE PRLB opened at $54.64 on Monday. The stock has a market cap of $1.30 billion, a PE ratio of 91.06 and a beta of 1.24. The firm has a fifty day moving average price of $50.50 and a 200-day moving average price of $43.17. Proto Labs, Inc. has a 1 year low of $26.68 and a 1 year high of $55.90.

Proto Labs (NYSE:PRLB) last posted its earnings results on Thursday, July 31st. The industrial products company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.08. The company had revenue of $135.06 million during the quarter, compared to analysts’ expectations of $128.05 million. Proto Labs had a net margin of 2.91% and a return on equity of 2.22%. Proto Labs’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the company posted $0.38 earnings per share. Proto Labs has set its Q3 2025 guidance at 0.350-0.430 EPS. On average, research analysts expect that Proto Labs, Inc. will post 0.81 EPS for the current year.

About Proto Labs

Proto Labs, Inc, together with its subsidiaries, operates as a digital manufacturer of custom parts in the United States and Europe. The company offers injection molding; computer numerical control machining; three-dimensional printing; and sheet metal fabrication products. It serves developers and engineers, who use 3D computer-aided design software to design products across a range of end-markets.