Brooks Moore & Associates Inc. Acquires Shares of 47,455 Proto Labs, Inc. $PRLB

Brooks Moore & Associates Inc. acquired a new stake in shares of Proto Labs, Inc. (NYSE:PRLB) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 47,455 shares of the industrial products company’s stock, valued at approximately $4,306,000. Proto Labs comprises approximately 1.9% of Brooks Moore & Associates Inc.’s holdings, making the stock its 17th largest position.

Other institutional investors also recently modified their holdings of the company. Rice Hall James & Associates LLC acquired a new position in shares of Proto Labs during the second quarter valued at about $8,882,000. Quantinno Capital Management LP raised its holdings in shares of Proto Labs by 98.9% in the 1st quarter. Quantinno Capital Management LP now owns 27,716 shares of the industrial products company’s stock worth $1,580,000 after acquiring an additional 13,781 shares during the last quarter. State of Wyoming acquired a new stake in shares of Proto Labs in the 2nd quarter worth about $1,334,000. Puzo Michael J bought a new position in Proto Labs in the 2nd quarter valued at about $8,304,000. Finally, Somerville Kurt F bought a new position in Proto Labs in the 2nd quarter valued at about $8,344,000. 84.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Proto Labs news, Director Sven Wehrwein sold 2,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $77.28, for a total value of $154,560.00. Following the transaction, the director owned 32,505 shares of the company’s stock, valued at approximately $2,511,986.40. The trade was a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.30% of the company’s stock.

Proto Labs Stock Performance

NYSE:PRLB opened at $80.20 on Friday. Proto Labs, Inc. has a 52 week low of $45.10 and a 52 week high of $93.00. The firm has a 50-day moving average price of $80.46 and a two-hundred day moving average price of $70.91. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 64.16 and a beta of 1.40.

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. The firm had revenue of $149.34 million for the quarter, compared to the consensus estimate of $144.53 million. Proto Labs had a return on equity of 4.80% and a net margin of 5.44%.The company’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.41 EPS. Proto Labs has set its Q3 2026 guidance at 0.560-0.640 EPS. As a group, sell-side analysts forecast that Proto Labs, Inc. will post 1.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

About Proto Labs

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.