Sei Investments Co. Takes Position in Proto Labs, Inc. $PRLB

Sei Investments Co. acquired a new position in shares of Proto Labs, Inc. (NYSE:PRLB) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 8,819 shares of the industrial products company’s stock, valued at approximately $503,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Illinois Municipal Retirement Fund raised its position in Proto Labs by 2.4% in the first 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 last quarter. Horizon Investments LLC increased its stake in shares of Proto Labs by 3.4% in the fourth quarter. Horizon Investments LLC now owns 11,886 shares of the industrial products company’s stock valued at $601,000 after buying an additional 395 shares during the period. Federated Hermes Inc. increased its stake in shares of Proto Labs by 1.5% in the fourth quarter. Federated Hermes Inc. now owns 30,748 shares of the industrial products company’s stock valued at $1,556,000 after buying an additional 469 shares during the period. Group One Trading LLC bought a new position in Proto Labs in the 4th quarter valued at approximately $25,000. Finally, Creative Planning raised its holdings in Proto Labs by 9.0% in the 3rd quarter. Creative Planning now owns 6,883 shares of the industrial products company’s stock valued at $344,000 after buying an additional 569 shares during the last quarter. Institutional investors and hedge funds own 84.54% of the company’s stock.

Insider Transactions at Proto Labs

In related news, Director Sven Wehrwein sold 2,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were 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 in the company, valued at $2,511,986.40. The trade was a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is currently owned by insiders.

Proto Labs Stock Performance

Proto Labs stock opened at $91.77 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 $79.89 and a two-hundred day moving average price of $69.13. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 73.42 and a beta of 1.40.

Proto Labs (NYSE:PRLB) last issued its quarterly earnings results on Friday, July 31st. The industrial products company reported $0.60 earnings per share (EPS) 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 firm had revenue of $149.34 million for the quarter, compared to the consensus estimate of $144.53 million. During the same quarter in the previous year, the company earned $0.41 EPS. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. Proto Labs has set its Q3 2026 guidance at 0.560-0.640 EPS. As a group, equities research analysts predict that Proto Labs, Inc. will post 1.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Benchmark lifted their price target on shares of 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 for the company in a research report on Monday, August 3rd. Weiss Ratings raised Proto Labs from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 3rd. Finally, Wall Street Zen lowered Proto Labs from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. 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, the company currently has a consensus rating of “Buy” and an average price target of $89.00.

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.