Y Intercept Hong Kong Ltd Invests $1.69 Million in Proto Labs, Inc. $PRLB

Y Intercept Hong Kong Ltd bought a new stake in Proto Labs, Inc. (NYSE:PRLB) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 42,182 shares of the industrial products company’s stock, valued at approximately $1,689,000. Y Intercept Hong Kong Ltd owned approximately 0.18% of Proto Labs at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PRLB. Wellington Management Group LLP grew its holdings in shares of Proto Labs by 97.4% in the 1st quarter. Wellington Management Group LLP now owns 711,738 shares of the industrial products company’s stock valued at $24,939,000 after acquiring an additional 351,097 shares in the last quarter. Nordea Investment Management AB grew its stake in Proto Labs by 0.6% in the second quarter. Nordea Investment Management AB now owns 249,584 shares of the industrial products company’s stock valued at $9,986,000 after purchasing an additional 1,427 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Proto Labs by 14.6% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 153,042 shares of the industrial products company’s stock valued at $5,363,000 after purchasing an additional 19,441 shares in the last quarter. Pacer Advisors Inc. increased its position in shares of Proto Labs by 9,033.1% during the 1st quarter. Pacer Advisors Inc. now owns 148,595 shares of the industrial products company’s stock worth $5,207,000 after purchasing an additional 146,968 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Proto Labs by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 122,057 shares of the industrial products company’s stock worth $4,277,000 after purchasing an additional 3,168 shares in the last quarter. 84.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PRLB has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Proto Labs in a research note on Wednesday, October 8th. Cantor Fitzgerald upped their target price 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. Wall Street Zen upgraded Proto Labs from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Finally, Craig Hallum raised Proto Labs from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research report on Friday, August 1st. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $52.50.

Proto Labs Stock Performance

Shares of Proto Labs stock opened at $49.69 on Friday. The firm has a 50-day moving average of $50.88 and a 200-day moving average of $43.81. Proto Labs, Inc. has a 52-week low of $27.18 and a 52-week high of $55.90. The stock has a market cap of $1.19 billion, a PE ratio of 82.82 and a beta of 1.24.

Proto Labs (NYSE:PRLB) last issued its quarterly earnings data on Friday, October 31st. The industrial products company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.08. Proto Labs had a net margin of 2.91% and a return on equity of 2.22%. The business had revenue of $135.37 million during the quarter, compared to analysts’ expectations of $133.83 million. During the same quarter in the previous year, the company earned $0.47 EPS. The business’s revenue was up 8.0% on a year-over-year basis. Proto Labs has set its Q4 2025 guidance at 0.300-0.380 EPS. Equities research analysts predict that Proto Labs, Inc. will post 0.81 earnings per share for the current fiscal year.

Insider Buying and Selling at Proto Labs

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

Proto Labs Profile

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.