ARK Investment Management LLC Has $3.18 Million Position in Proto Labs, Inc. $PRLB

ARK Investment Management LLC lowered its holdings in Proto Labs, Inc. (NYSE:PRLB) by 8.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 79,499 shares of the industrial products company’s stock after selling 7,547 shares during the quarter. ARK Investment Management LLC owned about 0.33% of Proto Labs worth $3,183,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. PNC Financial Services Group Inc. grew its position in Proto Labs by 14.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,165 shares of the industrial products company’s stock valued at $76,000 after purchasing an additional 267 shares during the period. State of Alaska Department of Revenue boosted its holdings in Proto Labs by 4.1% during the 2nd quarter. State of Alaska Department of Revenue now owns 14,137 shares of the industrial products company’s stock worth $565,000 after acquiring an additional 556 shares during the last quarter. CWM LLC boosted its holdings in Proto Labs by 50.4% during the 1st 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 last quarter. GAMMA Investing LLC boosted its holdings in Proto Labs by 249.4% during the 1st 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 last quarter. Finally, NewEdge Advisors LLC boosted its holdings in Proto Labs by 7,380.0% during the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 738 shares during the last quarter. Institutional investors and hedge funds own 84.54% of the company’s stock.

Insider Buying and Selling at Proto Labs

In related news, CEO Suresh Krishna acquired 1,725 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The shares were bought at an average cost of $43.51 per share, for a total transaction of $75,054.75. Following the completion of the transaction, the chief executive officer owned 18,021 shares in the company, valued at approximately $784,093.71. This trade represents a 10.59% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.70% of the company’s stock.

Proto Labs Stock Down 2.2%

Shares of PRLB opened at $52.99 on Thursday. The business’s 50-day moving average price is $50.22 and its 200-day moving average price is $42.71. Proto Labs, Inc. has a twelve month low of $26.34 and a twelve month high of $55.90. The stock has a market cap of $1.27 billion, a PE ratio of 88.32 and a beta of 1.24.

Proto Labs (NYSE:PRLB) last announced its quarterly 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 firm had revenue of $135.06 million for the quarter, compared to analysts’ expectations of $128.05 million. Proto Labs had a return on equity of 2.22% and a net margin of 2.91%.The company’s revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.38 earnings per share. Proto Labs has set its Q3 2025 guidance at 0.350-0.430 EPS. Analysts expect that Proto Labs, Inc. will post 0.81 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on PRLB. Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a research report on Wednesday, October 8th. Wall Street Zen raised shares of Proto Labs from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Craig Hallum raised shares of Proto Labs from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a report on Friday, August 1st. Finally, Cantor Fitzgerald upped their price objective on shares of Proto Labs from $50.00 to $51.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $52.50.

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.