Versor Investments LP bought a new position in Proto Labs, Inc. (NYSE:PRLB – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,587 shares of the industrial products company’s stock, valued at approximately $224,000.
A number of other large investors have also made changes to their positions in the company. NewEdge Advisors LLC lifted its stake in shares of Proto Labs by 7,380.0% in the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 738 shares during the period. GAMMA Investing LLC grew its position in Proto Labs by 249.4% during the first quarter. GAMMA Investing LLC now owns 926 shares of the industrial products company’s stock valued at $32,000 after buying an additional 661 shares during the period. CWM LLC increased its holdings in Proto Labs by 50.4% during the first quarter. CWM LLC now owns 1,840 shares of the industrial products company’s stock valued at $64,000 after buying an additional 617 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Proto Labs by 14.1% in the first quarter. PNC Financial Services Group Inc. now owns 2,165 shares of the industrial products company’s stock worth $76,000 after acquiring an additional 267 shares during the period. Finally, State of Wyoming bought a new position in Proto Labs in the first quarter worth approximately $99,000. 84.54% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
PRLB has been the subject of a number of recent research reports. Benchmark boosted their price objective on shares of Proto Labs from $45.00 to $55.00 and gave the company a “buy” rating in a research report on Monday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Proto Labs in a research report on Wednesday, October 8th. Craig Hallum upgraded Proto Labs from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research report on Friday, August 1st. Cantor Fitzgerald raised their price objective on Proto Labs from $50.00 to $51.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Finally, Wall Street Zen upgraded Proto Labs from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.33.
Proto Labs Stock Down 2.5%
Shares of Proto Labs stock opened at $48.57 on Friday. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 80.94 and a beta of 1.23. The stock’s 50-day simple moving average is $50.84 and its 200-day simple moving average is $44.20. Proto Labs, Inc. has a 52 week low of $29.58 and a 52 week high of $55.90.
Proto Labs (NYSE:PRLB – Get Free Report) last released its earnings results on Friday, October 31st. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.08. The firm had revenue of $135.37 million during the quarter, compared to analysts’ expectations of $133.83 million. Proto Labs had a return on equity of 2.22% and a net margin of 2.91%.The firm’s revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the business posted $0.47 earnings per share. Proto Labs has set its Q4 2025 guidance at 0.300-0.380 EPS. On average, equities analysts expect that Proto Labs, Inc. will post 0.81 earnings per share 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.
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